Reward and compensation incentives for enhancing green building construction
2021
Saka, Najimu | Olanipekun, Ayokunle Olubunmi | Omotayo, Temitope
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.
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