Fair Property Taxation as a Driver of Sustainable Urban Development

The session will explore how fair and transparent property taxation can serve as a key driver of sustainable urban development. By linking property values to public revenues in an equitable manner, cities can strengthen municipal finance, improve access to urban services, and promote social cohesion. The discussion will focus on practical approaches to building fair property tax systems based on reliable land and property data, modern valuation methodologies, and transparent governance frameworks. Special attention will be given to experiences from emerging economies, where cities face rapid urbanization, limited fiscal capacity, and growing demands for inclusive development. Through case studies and policy dialogue, the session will demonstrate how well-designed property taxation systems help ensure that higher-value properties contribute proportionally more to urban development, while protecting vulnerable groups and supporting balanced city growth.