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Form followed finance in 2021, for better and for worse

Archinect

2021 was a year where form continued to follow finance. What are the human consequences of placing the governance of civic space in private hands? Throughout the year, our coverage included many examples of the world’s largest architecture firms designing for some of the world’s largest companies.

Finances 279
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India is taxing cryptocurrencies to finance its push for new infrastructure

Archinect

Indian Prime Minister Narendra Modi’s government has included hefty spending on infrastructure projects in its annual budget, looking to spur growth and improve its popularity just ahead of key state elections. The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68

Finances 245
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COP29 Launches in Baku, Azerbaijan, to Address Climate Finance and Resilience

ArchDaily

The event proposes a global gathering of business leaders, governments, and civil society with the aim of taking effective measures to limit global warming to 1.5°C C above pre-industrial levels.

Finances 242
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David Adjaye answers critics in National Cathedral of Ghana financing dispute

Archinect

million USD worth of fees paid to Adjaye Associates in two installments by the government that were allegedly not approved by the parliament, according to a minority politician who is campaigning for their repayment dependent on the outcome of the country’s 2024 national elections. The dispute centers on $21.37

Finances 264
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Foster + Partners and Arup release first designs of California High-Speed Rail stations

Archinect

Construction is underway , and planners expect to have the first operable line readied between 2030 and 2033 after years of financing issues and a recent multibillion-dollar boost from the federal government.

Finances 317
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Architecture Collaborations: What are Public-Private-Partnerships?

ArchDaily

These partnerships bring together the strengths of both the public sector, represented by governments or municipalities, and the private sector, combining their resources , expertise, and investment power.

Finances 290
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NYT: Rising insurance costs impinging on affordable development efforts nationwide

Archinect

Unlike market-rate apartment developers, those building multifamily projects financed by subsidies and tax credits do not have the ability to simply pass on those higher insurance costs to tenants, since they are limited by government guidelines as to how much rent they can collect.

Insurance 276