TY - JOUR
T1 - Green finance for green buildings : a systematic review and conceptual foundation
AU - Akomea-Frimpong, Isaac
AU - Kukah, Augustine Senanu
AU - Jin, Xiaohua
AU - Osei-Kyei, Robert
AU - Pariafsai, Fatemeh
PY - 2022
Y1 - 2022
N2 - Recent world events have put a spotlight on inclusive project financing models that tackle climate change and reduce carbon emissions in the construction and management of buildings. A cardinal example of such models is green finance, an inclusive term that integrates environmental protection and social justice with economic profits in green buildings. This paper probes into the terminology and links the concept of green finance to green buildings. The study utilizes a systematic literature review methodology to analyze and synthesize existing literature. The outcomes of the study show that increased economic returns, clear regulations, and awareness creation drive its acceptance in the built environment. However, as a developing concept, the major challenge is the contradictions of what constitutes green finance for green buildings. The results of this study draw the attention of key stakeholders to develop and merge the two concepts in research and practice to attain ecological balance in the financial market and the built environment.
AB - Recent world events have put a spotlight on inclusive project financing models that tackle climate change and reduce carbon emissions in the construction and management of buildings. A cardinal example of such models is green finance, an inclusive term that integrates environmental protection and social justice with economic profits in green buildings. This paper probes into the terminology and links the concept of green finance to green buildings. The study utilizes a systematic literature review methodology to analyze and synthesize existing literature. The outcomes of the study show that increased economic returns, clear regulations, and awareness creation drive its acceptance in the built environment. However, as a developing concept, the major challenge is the contradictions of what constitutes green finance for green buildings. The results of this study draw the attention of key stakeholders to develop and merge the two concepts in research and practice to attain ecological balance in the financial market and the built environment.
UR - http://hdl.handle.net/1959.7/uws:65774
U2 - 10.1016/j.jclepro.2022.131869
DO - 10.1016/j.jclepro.2022.131869
M3 - Article
SN - 0959-6526
VL - 356
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
M1 - 131869
ER -