Theoretical framework for carbon trading in the built environment
Journal of Engineering, Design and Technology
ISSN: 1726-0531
Article publication date: 25 June 2024
Abstract
Purpose
This conceptual paper aims to develop a theoretical framework for carbon trading in the built environment through theories to expand current knowledge on components of carbon trading systems.
Design/methodology/approach
This theoretical framework was developed and supported with existing theories and past empirical literature from built environment, economics and finance. Underlying theories used in the framework were selected due to their significance and applicability to carbon trading projects. Hypotheses set in the study summarise the propositions developed from the theories and past empirical literature.
Findings
The framework reveals four major components of carbon trading for the built environment. Six hypotheses were further proposed to unravel the resultant influence of their interactions on each component in the trading system.
Research limitations/implications
This paper sought to undertake a theoretical review of classical theories and past studies on carbon trading. Even though a systematic review was undertaken, the constructs in the theoretical framework may not be exhaustive.
Practical implications
This study contributes and advances the body of knowledge on the components that comprise the mechanism of how carbon trading operates in the built environment. Theoretically, the framework developed serves as a multi-dimensional guide on the operations of carbon trading in the built environment.
Originality/value
The theoretical framework developed endeavours to consolidate multi-faceted theories from varying disciplines on the components that comprise carbon trading in the built environment.
Keywords
Acknowledgements
The study acknowledges Western Sydney University for the kind funding of this study for which the first author is a recipient of the PhD scholarship scheme. As part of the funded PhD, this paper is part of several other publications sharing similar background but varying methodology, scope and conclusions. The authors acknowledge anonymous reviewers and editors for their inputs in the article.
Citation
Kukah, A.S.K., Jin, X., Osei-Kyei, R. and Perera, S. (2024), "Theoretical framework for carbon trading in the built environment", Journal of Engineering, Design and Technology, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JEDT-09-2023-0383
Publisher
:Emerald Publishing Limited
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