Reward and compensation incentives for enhancing green building construction

Najimu Saka,Ayokunle Olubunmi Olanipekun,Temitope Omotayo

doi:10.1016/j.indic.2021.100138

Abstract

Governments provide incentives to promote green building practices in the construction sector. Compared with rigid-regulatory incentives, the reward and compensation are voluntary incentives because construction stakeholders can choose whether to uptake them or otherwise. The problem is that an explicit list of the forms of reward and compensation that construction stakeholders may decide to uptake to design and construct green buildings is not available to them. This paper employs a narrative review of academic and practitioner publications obtained in a quasi-systematic manner to reveal the forms of reward and compensation for enhancing green building construction. The findings reveal nine forms of reward and compensation designed by the government as voluntary incentives for construction stakeholders. The new insight from this paper concerns scaling incentives by the government. The scaling in the forms of reward and compensation is low because of the voluntariness in the designing. However, in contrast to the rigid-regulatory incentives, this does not affect their uptake among construction stakeholders. Finally, since the scaling of government initiatives for sustainable development is the norm, this paper proposes that scaling the forms of reward and compensation can be done on the bases of the phases of green building construction.

Highlights

IntroductionThe current one being the coronavirus pandemic
There are countless global problems the world has faced, and currently facing
The findings reveal nine forms of reward and compensation designed by the gov ernment as voluntary incentives for construction stakeholders

Summary

Introduction

The current one being the coronavirus pandemic It has ravaged many countries, especially China, Italy, South Korea, India, United States, South Africa and the United Kingdom. The world faced multiple socioeconomic problems, such as high impoverishment, social dispropor tion, lack of jobs for young people and bleak future for children (Hop wood, Mellor and O’Brien, 2005). These problems are still ravaging to date, especially in developing countries. The global response to these problems is sustainable development. It started in the 1970s (Berardi, 2013) but was not accepted widely until the Brundtland report in the late 1980s (Brundtland, 1987). According to Hopwood et al (2005), the emphasis is the sustenance of the environment for humanity, developed or less developed society regardless

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Findings

Discussion

Conclusion