There is a need for new financial models for sustainable development as state-led growth is no longer feasible. International case studies demonstrate models that link growth with livability through compact development, integrated transport, and climate resilience. These cases achieved medium-term returns through public-private partnerships, development institutions, and community involvement in places where people want to live and work. The document recommends a public-private-community partnership model to overcome financial and sustainability challenges through collaboration between the public, private and third sectors.

1. Financial innovation and sustainable places – international lessons for the Gateway Economic Development Resource Centre EDReC

4. New development institutions

5. Spatial investment fixes

6. The entrepreneurial state

7. Private Investment

8. New development institutions

9. Spatial investment fixesBO01, Malmo, Sweden 2 EDReC

11. Long term financial horizons are essential

12. Contemporary innovations are about securing medium-term returnsHammarsbySjostad, Stockholm, Sweden 3 EDReC

14. Early delivery of social facilities and infrastructure

15. Compact development

16. Integrate transport systems

17. Wider choice of homes close to employment

18. Climate proofing; water, energy, waste

19. Quality Charter for GrowthBourdeaux Tram, France 4 EDReC

20. Case Studies EDReC

21. Enterprise Zones in the US Interaction with other local economies crucial to long term sustainability Locational factors key Intangibles influence investment decisions to a greater extent than tax regimes Newark, New Jersey, USA 5 EDReC

23. Part of 10-yr VINEX programme

24. Housing Associations account for 45% of housing development

25. Land pooled

26. Borrowing at low rates of interestfor infrastructure repaidout of the proceeds from land sales

27. Serviced plots

28. Clear briefs emphasise quality

29. Deliver 600-700 new homes a yearVathorst, Amersfoort, The Netherlands 6 EDReC

30. A new partnership model? EDReC

32. Private sector CSR: technology, skills, managerial efficiency and investible funds

33. Communities: contribute their skills and resources7 EDReC

35. Contrary to LEP – genuine partnership between public sector, third sector and a more socially-responsible private sector

36. Where financial innovation has contributed to successful sustainable place-making it has relied on locational factors8 EDReC

37. Thank you! Dr Noha Nasser, Director – URI n.nasser@gre.ac.uk James Kennell, Director, EDReC J.S.Kennell@greenwich.ac.uk EDReC