No green growth without innovation

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The effect of technological innovation on production-based energy and CO2 emission productivity: Evidence from BRICS countries (2017, background): “…environmental policy designed to combat pollution levels through taxing the polluting firms can encourage them to innovate and adopt environment-friendly technology (Aghion, Hemous, and Veugelers 2009; Goulder and Mathai 2000; Markewitz et al. 2012), without reducing their level of output.”
Sustainable innovation, business models and economic performance: an overview (2013, background): “There is agreement that without innovation there will be no sustainability (Aghion et al., 2009; EC, 2010).”
Financial constraints and public funding of eco-innovation: empirical evidence from European SMEs (2018, background): “As such, financial constraints on innovations appear to be very strong and this is even more problematic for green innovations that exhibit higher risks and uncertainty than standard innovations (Aghion et al., 2009; Cuerva et al., 2014; Mazzanti et al., 2014).”