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News Release from: Land Restoration Trust | Subject: 'Financing the Future' Report
Edited by the Buildingtalk Editorial
Team on 25 August 2006
Financing the Sustainable Communities
Plan
The report entitled 'Financing the Future' is published by the Smith Institute and includes essays from prominent figures in regeneration.
A key publication posing vital questions and more importantly providing potential answers regarding financing the Sustainable Communities Plan and other future regeneration projects, was published online this week The report entitled 'Financing the Future' is published by the Smith Institute and includes essays from prominent figures in regeneration
This article was originally published on Buildingtalk on 8 Sep 2006 at 8.00am (UK)
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The publication pays particularly attention to the objectives of the Sustainable Communities Plan.
However, rather than focusing in on policy issues, 'Financing the Future' considers the practicalities of achieving sustainable regeneration and more significantly outlines innovative and valid ways of finding extra funding whilst utilising existing funds more effectively.
The essays debate issues such as; how can funds be better spent?.
How can public funds deliver more private finance?.
What new policy tools, financial instruments and arrangements are available and will they work?.
And what can we learn from past and overseas experience.
John Healy MP, Financial Secretary to the Treasury, welcomed " the intelligent and challenging contribution" made by publication.
A key contributor to the publication is the Land Restoration Trust (LRT).
The LRT's essay highlights the importance of the public realm in creating sustainable communities and shows how organisations like the Trust provide both sustainable outcomes and better value for money over the longer term.
The evidence presented in the essay also demonstrates the need for a radical change in the financial appraisal system for public investment in green space.
Now in its third year The Land Restoration Trust provides long-term management and funding solutions for reclaimed derelict sites, effectively acting as a National Trust type organisation for green spaces.
Taking on former coalfields, chemical works, tin mines and generally neglected sites, the Trust is making sure there are new green spaces, such as community woodlands, which can be used by local people who have lived in the shadow of dereliction.
Financing the Future, can be downloaded from the LRT Website.
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