Appropriate Incentives Towards Urban Sustainability in Developing Countries “Comparative Study”

Abstract

Rates of achieving Urban Sustainability vary between world countries, it is one of the United Nations Sustainable Development Goals (SDGs 20230). Sustainable urbanism could be achieved through some common basic mechanisms such as awareness, enacting binding laws and legislation, imposing taxes, and fees, or providing various fiscal and urban incentives. Developing countries often do not resort to using fiscal incentives to avoid its reduction effect on their limited financial resources, and they may also avoid imposing relevant taxes such as carbon tax, energy tax, and climate change tax to prevent its negative effect on the competitiveness of the developing industrial and economic sectors there. Therefore, the research aims to propose the most appropriate urban incentives for Egypt and developing countries in general, with minimum negative commercial effect, and as one of the most influential means towards sustainability to fulfill the Egyptian Housing Strategy and activate GPRS “Green Pyramid Rating System”. The research follows comparative methodology, it compares the commonly used incentives in many countries globally and regionally. It identifies the incentives that may be more appropriate for Egypt and other developing countries in general.