Abstract
Purpose This study aims to undertake a review of how carbon trading contributes to a reduction in emission of greenhouse gases (CHGs). Design/methodology/approach A narrative literature review approach was adopted to identify and synthesise existing literature using the Scopus and Web of Science databases. Articles were limited to the past 10 years to obtain the most current literature. The various ways in which carbon trading leads to reductions in emissions were identified and discussed. Findings The results showed that the main ways in which carbon trading contributes to reductions in emissions are through innovation in low-carbon technologies, restoration of ecosystems through offset money, development of renewable and clean energy and providing information on investment related to emissions. Practical implications The value of this study is to contribute to the built environment’s climate change mitigation agenda by identifying the role of carbon trading. Originality/value The output of this research identifies and contextualises the role carbon trading plays in the reduction of CHG emissions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.