Evaluating the influence of technology, energy consumption, and financial progress on material footprint in GCC countries

Environmental and Sustainability Indicators, Journal Year: 2024, Volume and Issue: 23, P. 100447 - 100447

Published: July 29, 2024

The world has witnessed serious climate-related problems. Even though there are various effective factors in this point, sustainable resource consumption takes place among critical that have been deeply affecting climate change. Accordingly, Sustainable Development Goals (SDGs) 8–12 come to the fore for all related parties due directly use. Among all, Gulf Cooperation Council (GCC) countries a special position terms of global change-related goals because they high oil and consumption. Hence, study firstly attempts investigate validity environmental Kuznets curve (EKC) hypothesis material footprint (MAF) GCC by analyzing impact income, energy consumption, financial institution development, technological performing augmented mean group model, using data period 2000–2019. findings show (i) EKC is valid panel, whereas it case only Oman on country basis; (ii) increases (decreases) MAF at panel (Qatar); (iii) development does not affect while causes an increase Saudi Arabia; (iv) reduces Bahrain, Kuwait, Arabia basis. Thus, results highlight need focus both income level achieve targets SDGs decreasing resource-based

Language: Английский

Pathway to sustainable consumption and production: The role of climate-related development finance, digitalization, and financial development on material productivity and energy intensity of developing countries

Energy & Environment, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 3, 2025

Improving material productivity (MP) and energy intensity (EI) is a crucial tool for sustainable consumption production targets of SDGs. However, the diverse effects climate-related development finance (CDF), digital infrastructure (DI), financial (FD) on MP EI in developing countries (DCs) remain underexplored. Therefore, employing method moments quantile regression (MMQR) approach, this study examines heterogeneous CDF, DI, FD across 87 DCs from 2000 to 2020. Also, CDF DI are explored, considering heterogeneity. The results imply that FD, have beneficial efficiency (EE). Specifically, with higher distribution benefit more coefficients rising 0.004 0.019 quantiles estimates increasing 0.224 0.391 medium quantile. Conversely, lower as indicated by ranging −0.017 −0.012 20th 80th −0.569 −0.233 40th 60th quantile, respectively. Besides, drive gain improvement. influenced variations FD. These findings vital implications prudent digitalization policies promote EE DCs, congruent SDG-7.3, SDG-8.4, SDG-12.2 improving resource management.

Language: Английский

A comprehensive review of progress in sustainable development goals from energy and environment perspectives

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 56, P. 101550 - 101550

Published: Oct. 11, 2024

Language: Английский