Bridging the Gap: Public-Private Partnerships in Sustainable Building for Developing Countries

Samuel Asuamah Yeboah

MPRA Paper from University Library of Munich, Germany

Abstract: This review evaluates the effectiveness of public-private partnerships (PPPs) in advancing sustainable building projects in developing countries. It highlights key areas such as resource mobilization, expertise utilization, innovation, risk-sharing, and community impact. Findings show that PPPs attract private investment, complement public funds, and drive large-scale sustainable construction. They enhance technical expertise, foster knowledge transfer, and encourage the adoption of advanced technologies. Risk-sharing mechanisms reduce financial burdens, attracting more investors. Additionally, PPPs improve social outcomes, including job creation and community resilience. The review emphasises the need for supportive policies, capacity-building programs, and monitoring systems to strengthen PPPs in sustainable development. Further research should focus on comparative models and long-term impacts.

Keywords: Green construction; regulatory frameworks; technological innovation; capacity building; risk-sharing; strategic collaboration (search for similar items in EconPapers)
JEL-codes: L32 O18 Q01 Q56 (search for similar items in EconPapers)
Date: 2024-09-04, Revised 2024-10-10
New Economics Papers: this item is included in nep-env and nep-ppm
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