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

Asuamah Yeboah, Samuel (2024): Bridging the Gap: Public-Private Partnerships in Sustainable Building for Developing Countries.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Green construction, regulatory frameworks, technological innovation, capacity building, risk-sharing, strategic collaboration
• Subjects: L - Industrial Organization > L3 - Nonprofit Organizations and Public Enterprise > L32 - Public Enterprises ; Public-Private Enterprises; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis ; Housing ; Infrastructure; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q56 - Environment and Development ; Environment and Trade ; Sustainability ; Environmental Accounts and Accounting ; Environmental Equity ; Population Growth

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