General Data
Name of instrument Allocation of municipal compensation funds for redevelopment of brownfields (= Landeszuweisungen zur Nutzbarmachung von Brachflächen)
Country DE
Spatial level federal state
Type Economic instruments
Subtype Subsidies and local business development
Description Municipal compensation funds are funds that municipalities receive from federal state level in Germany, refunding them for expenditures that are not cost-covering, as it is frequently the case for brownfield development. That means that municipalities are compensated for brownfield development costs that exceed development costs for comparably sized greenfields.
General objectives Supporting and providing incentives for municipalities to mobilise their brownfield potentials.
General objectives keywords brownfield development; financial incentives; state subsidies; ; ;
Responsible Federal state/Province authority
Stakeholder Involved Local authority/Municipal council;
Reference http://www.vsl.tu-harburg.de/vsl_2/Archiv/wp/wp18_05_Kapitel13bis15.pdf
General assessment of strength and weakness Strength: Compensation for positive external effects of municipal land policy.
Weakness: Funds are insufficient for effectively creating incentives.
Metadata
Date of entry 29.01.2007
Implementation
Legal status mandatory
Extension pilot status
Comment nn
Type of monitoring Report basing on quantitative indicators
Characteristics
Preconditions for implementation
Best practise example Brownfield Development Compensation Fund, Federal state of Northrhine-Westfalia
Example Abstract In its law on compensation payments between federal state and municipality level, the state of Northrhine-Westfalia has set up 2.5 Mio EUR of funds for municipal brownfield development (http://www.im.nrw.de/gfg/GFG2002.htm, § 23)
Attachment
General comment
Assessment
Relevance
Status
Ranking 5
Remark
Acceptance
Status
Ranking 5
Remark
Implementation
Status
Ranking 2
Remark
Feasibility
Status
Ranking 5
Remark
Effectiveness
Status
Ranking 2
Remark