Future-Proofing Economies: Carbon Credits and Sustainable Innovation

Luís Barbosa
Additional contact information
Luís Barbosa: Universidade Lusófona, CICANT—Centre for Research in Applied Communication, Culture, and New Technologies

A chapter in Business Sustainability: Innovation in Entrepreneurship & Internationalisation, 2026, pp 375-386 from Springer

Abstract: Abstract The urgent need to address climate change while promoting economic growth has brought sustainable innovation to the forefront of the global agenda. Carbon credits have emerged as a key tool for incentivizing and financing green initiatives. This paper explores the synergy between carbon credits and sustainable innovation, highlighting their combined potential to stimulate economic growth while reducing environmental impacts. Our study explores how the integration of carbon credits with sustainable innovation can future-proof economies. Through theoretical frameworks and real-world case studies, we demonstrate that carbon credits can catalyse innovative economic practices that are both sustainable and profitable. Our research methodology includes a literature review, comparative case study analysis, and impact assessment to provide a comprehensive understanding of this relationship. The expected outcomes of this study include a better understanding of the mechanisms by which carbon credits support sustainable innovation. We identify best practices and key challenges and provide strategic recommendations for policymakers and industry stakeholders. The findings suggest that the strategic use of carbon credits can deliver significant economic, environmental, and social benefits, thus strengthening their integration into innovation-driven economic policies. This study highlights the critical role of carbon credits in contributing to a sustainable and innovative economic future. By presenting successful examples and policy recommendations, it contributes to the discourse on sustainable development and provides practical insights for future research and practice. Our aim is to advocate for policies and strategies that use carbon credits to promote a sustainable, innovative, and resilient economic landscape.

Keywords: Carbon credits; Economic growth; Sustainable innovation; Environmental impact; Policy recommendations (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-99147-9_22

Ordering information: This item can be ordered from
http://www.springer.com/9783031991479

DOI: 10.1007/978-3-031-99147-9_22

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().