What is Political Economy of the Green Innovation

Green innovations are important in enhancing sustainability performance of the industries and of their outputs. They can influence the carbon emissions, energy efficiency of the industries affecting global green trade, and energy policies. Construction industry is one of the main industries contributing to the global economy and sustainable development. It has, however, bigger environmental footprint than majority of the other industries. Green innovations can contribute to the reduction in the environmental footprint of the construction industry. For this reason, green innovation in the construction industry needs to be supported by the effective policies. This chapter aims to introduce and investigate the political economy of the green innovations in the construction industry. This chapter emphasizes that the effectiveness of the green innovations in the construction industry can be fostered by effective political economy and strategies.