The Relationship of Energy Management and Environmental Innovation: A Conceptual Evaluation

Abstract

Global warming and climate change are currently the most pressing challenges in the globe. Environmental pollution, greenhouse gas emissions, and wastes produced by the industrial sector at various stages of the production and consumption processes are the main contributors to this. As a result of additional harm to natural resources and the erosion of the balance, nations, corporations, and consumers face the possibility of not having a clean world where they can thrive and leave a legacy to future generations. It is necessary to develop R&D activities that support the recycling of natural resources, clean production and zero waste philosophy, technological advancement towards the use of renewable energy resources, and innovation in processes and operations in order to develop environmentally friendly production methods. This paper aims to analyze the connections between the ideas of energy management and eco-innovation and to explain their importance. The idea of energy management, the rise of environmental awareness concurrent with energy management, issues relating to energy use, and the connection between eco-innovation, energy management, and environment are all addressed within this framework.