Framework for Raising Revenue through Property Tax/Rate for Climate Change Adaptation in Developing Countries.

1. Development finance Impact Project – Digital Artifact
Raising Revenue through Property
Tax/Rate for Climate Change Adaptation
in Developing Countries.
Maclean Asamani, Oyeh
Participant, Financing For Development

2. Property Tax Resource Mobilization for Adaptation
Mobilizing finance
from property
tax/rate for drainage
infrastructure and
flood disaster
preparedness and
response
Institutional
strengthening
and capacity
building
Policy and
regulatory
reforms (land use,
tax, property/
building etc.)
Leadership and
political
commitment
Increased
pavement of
ground in building
and property
development
Increased
frequency and
intensity of rain
Increase run-off
and flooding
implication on
water, sanitation,
health (linked to
SDGs 1, 3, 6, 9,
and 11)
Solution
Domestic
resource
mobilization
Climate change
adaptation
fund
Drainage
infrastructure
development

3. Property Tax Resource Mobilization for Adaptation
• Increase infrastructure (private and public) has compounded the
problem resulting in increased with significant impact on water,
sanitation and health from flooding. SDGs 1,3,6,9 and 11 can be
linked to environment, water, sanitation and health. .
• Improving property taxing collection per square metre of pavement of
one’s property, with a percentage put into an adaptation fund for
climate resilient drainage infrastructure development and disaster
preparedness and response.
• It require policy and regulatory reforms, institutional capacity
building, strong political commitment. Implementation would boost
resilience of assets , improve natural capital and improve social
protection for the people most vulnerable to climate shocks.