Provision of urban environmental amenities: A policy toolkit for inclusiveness

Katherine Farrow, Ioannis Tikoudis, Grace Alexander, Apolline Saliou, Lea Stapper and Walid Oueslati

No 204, OECD Environment Working Papers from OECD Publishing

Abstract: Environmental amenities provide a range of direct and indirect benefits in cities, and amenity provision often figures within policy portfolios to advance sustainability in urban areas. As environmental pressures and urban populations increase, it will be necessary to find ways to ensure that environmental policies do not contribute to existing inequalities in these areas. This report synthesises empirical research on the impact of environmental amenities on housing prices, examines implications on housing affordability, and offers perspectives on how negative impacts can be mitigated. The report finds that the provision of environmental amenities tends to raise housing prices, which reduces affordability, especially among renters and low-income households with reduced access to mortgages. The report concludes that there is scope to accompany amenity provision with complementary measures to mitigate distributional impacts and outlines policy avenues in that regard.

Keywords: environmental amenities; green gentrification; housing affordability; open space; provision; public good (search for similar items in EconPapers)
JEL-codes: D63 H41 O18 Q52 R38 (search for similar items in EconPapers)
Date: 2022-11-04
New Economics Papers: this item is included in nep-env and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:oec:envaaa:204-en

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