Introduction

Traditionally, in most countries, the public sector is responsible for the provision of all public goods that are necessary to support sustainable urban development, including among many other things public urban infrastructure. Public bodies increasingly rely on private financing of this infrastructure. Developer obligations (DO) are contributions of property developers and landowners made in exchange for public bodies making decisions on land-use regulations that increase the economic value of their land and buildings. In contrast, in many jurisdictions, developer obligations are negotiated between public bodies and developers. DOs most of the time derive from an indirect economic rationale, i.e. that developers should pay for the costs of the negative externalities caused by their development projects, and less from a direct rationale, i.e. the more ideological rationale that land value increase belongs to the community. The chapter examines some categories of public value capture tools that seem to be relevant for their feasibility.