1. Realities of valuation in an informal context
Danilo Antonio: UN-Habitat/GLTN
Cyprian Selebalo: UN-Habitat/GLTN

2. Valuation in Informal context
Informal context includes and not limited to:
State or public land held in trust by governments and used by citizens.
Ownership units that are not formally registered (estimated to be 70% )
Communally owned lands under customary and pastoral usage
Natural resources within such unregistered lands including forests, thatching grasses, medicinal plants, water resources, etc.
Informal settlements, previously customary lands included in urban boundary, squatter settlements, unplanned settlements

3. Why VALUATION IN INFORMAL SITUATIONS?
To benefit unregistered land owners in urban and peri-urban sprawl
Instill equity in developments including ini infrastructure projects entailing compensation
Upgrading of informal settlements
Large scale land investments and resettlement initiatives
Disaster related resettlements, redressing historical displacements, and
Individual rights holders/owners –mostly from disadvantaged groups - needing to borrow against their land or do share- cropping or sub-leasing of their land due to socio-economic pressures, etc.

4. Key challenges
Market performance – limited information in informal context
Security of tenure – perceptions of insecurity in land tenure, including customary
Market distortion – speculative purchases deliberately lowering the values
Institutional and governance challenges
Corrupt practices
Paradigm shift – how to change the mind set of professionals

5. Implications Inefficient and inequitable land market
Limits economic development
Uncertainty about value based tax liability
Limits value additions of pro- poor programmes
Uncertainty over the transparency of the process
Additional unofficial payments
Affects mostly the poor

6. Recommendations
Increased professional and technical capacity of ‘valuers’
Transparent, effective and efficient land valuation approaches
Valuation to depend on all factual data not limited to “de jury”
Flexible methods to meet situation, requirements and environment.
Valuation to be aligned with continuum of rights approach
Enhance trust on valuation for taxation purposes
Strengthen institutions
Instill governance approaches to limit payment of informal fees

7. The journey to date – valuation in informal context
Continuum of Land Rights
GLTN Partners Concurrence
2013 RICS/GLTN Research Report
2014 Fit for Purpose Land Administration
2014 Joint technical session at FIG Congress
Expert Group Meeting, Bangkok, Oct 2014
2015 Joint technical session at FIG WW
2016 Joint technical session at FIG WW
Draft Guide EGM Aug. 2016

8. Thank you for your attention
Realities of valuation in an informal context
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Danilo Antonio: UN-Habitat/GLTN
Cyprian Selebalo: UN-Habita/GLTN