Purpose: A family of innovative financial mechanisms and tools for urban public transport, based on the value increment caused by enhanced accessibility, are lately gaining much popularity as a solution to the challenges posed by public financial resources’ shrinkage: Value Capture Finance (VCF). The effectiveness of applied transport financing policies depends significantly on the level of agreement among stakeholders, making collaboration a prerequisite for success. The research presented herein assesses alternative financing options for urban public transportation which are based on the VCF concept. Method: The Multi - Actor Multi-Criteria Analysis (MAMCA) developed by Macharis [1] is used. The methodology is unique in its field, as it includes in-depth involvement of all relevant stakeholders and reveals their way of thinking. Results: The proposed methodological framework is applied to the real-world case study of the under construction metro system of Thessaloniki, Greece. Three different financing scenarios are tested, and the criteria weight elicitation is performed through personal interviews with 70 stakeholders belonging to six different groups, namely: Government/Local Authorities, Transport Authorities, Universities/Research Institutions, Private Sector, Society and Professional Associations. Noteworthy similarities but also contradictions among stakeholder groups emerged, highlighted by the different criteria used for each group. Conclusion: The paper introduces the MAMCA as an ex - ante evaluation method for different VCF mechanisms for urban transportation infrastructure. MAMCA emerges as a robust methodology for this assessment, as it is proved to be capable of dealing with the VCF complexity and multidisciplinary nature.@en

The transport sector accounts for approximately a quarter of the EU’s total greenhouse gas emissions, with freight transport alone accounting for about one-third of the overall transport-related emissions. Mitigating the sector’s environmental impact is crucial for tackling climate change and achieving sustainable development goals. Modal shift is one of the main solutions to address this challenge; however, many companies have yet to realize its full potential. This paper presents a survey conducted in the Flanders region of Belgium, aiming to identify the challenges and barriers faced by industry players in this key geographical area and to explore the reasons behind the limited implementation of synchromodal transport among them. The survey evaluates the current state of synchromodal transport adoption and offers valuable insights for policymakers and industry stakeholders aiming to enhance sustainability in the logistics sector. The findings emphasize that to overcome the identified challenges, both policy support and the companies’ commitment are required. Policy support includes establishing consistent regulations and promoting greener transport modes through providing incentives and technological advancements. This research contributes to the field by examining barriers to the adoption of synchromodality and exploring its application within the context of Flanders. By focusing on this strategic logistics hub, the study provides insights and recommendations tailored to the specific challenges of the region’s logistics sector. The challenges faced by industry players in Flanders offer a deeper understanding of modal shift dynamics, facilitating informed decision-making for policymakers and industry stakeholders. Implementing these strategies paves the way for more environmentally friendly, efficient, and integrated transport, benefiting both the industry and the planet.@en