Innovation Strategies for Ecological Sustainability: Effects of Natural Resources and Energy Consumption

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 27, 2025

ABSTRACT To attain global ecological sustainability within the framework of modernization, this study scrutinizes multifaceted interaction among environmental‐related patent technologies (ERPT), natural resources, energy consumption (both renewable and nonrenewable usage) globalization on footprint. assess novel aspects ongoing objective, employs Disc/Kraay, fully modified ordinary least square (FMOLS), dynamic (DOLS) regression to generate comparative results across a panel technologically advanced countries resource‐rich least‐developed from 1990 2022. The empirical outcomes indicate that economies leading in eco‐friendly sources enhance environmental by minimizing their footprint over time. In contrast, rely heavily resource extraction meet demands tend exacerbate degradation. process demonstrates same trend for both developed developing long term significantly elevating level Dumitrescu Hurlin causality test discloses reverse causal connection concerning variables such as ERPT, reliance excluding extended duration. recommendations derived suggest governments should strategically promote adoption dissemination innovative, technologies. Meanwhile, focus overhauling policies play crucial role supporting advancing efforts nations.

Language: Английский

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The current developments and future prospects of solar photovoltaic industry in an emerging economy of India

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(16), P. 46270 - 46281

Published: Jan. 31, 2023

Language: Английский

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Modelling the green logistics and financial innovation on carbon neutrality goal, a fresh insight for BRICS‐T

Geological Journal, Journal Year: 2023, Volume and Issue: 58(7), P. 2742 - 2756

Published: March 23, 2023

This article explores the concepts and objectives of green logistics financial innovation in context BRICS‐T economies (Brazil, Russian Federation, India, China, South Africa Turkey) with aim achieving carbon neutrality or net‐zero emissions. It outlines a new scientific direction that incorporates use knowledge other areas to apply innovation, energy economic growth reducing transport‐based CO 2 To examine identified research gap, study adopted novel econometric approach for 2000–2018 confirmed ‘carbon neutrality’ hypothesis. The findings revealed logistics, renewable resources—which become strong driving force executing neutrality—result net zero emissions improve environmental sustainability countries. In contrast, boost transportation increase degradation. According study, policymakers should prioritize sustainable development strategies order achieve ‘Carbon Neutrality’. includes implementing promoting innovation. Furthermore, it is suggested greater support be given sector, technologies drive economies.

Language: Английский

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Environmental quality and sustainability: exploring the role of environmental taxes, environment-related technologies, and R&D expenditure

Environmental Economics and Policy Studies, Journal Year: 2023, Volume and Issue: 26(2), P. 449 - 477

Published: Dec. 28, 2023

Language: Английский

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Do green technology innovation, environmental policy, and the transition to renewable energy matter in times of ecological crises? A step towards ecological sustainability

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 207, P. 123638 - 123638

Published: Aug. 7, 2024

Over the past few decades, ecological damage has been humanity's greatest threat. It is possible that factors such as green technology innovation, environmental policy, and renewable energy consumption can play an essential role in process of achieving sustainability. Therefore, present study aims to investigate impact consumption, along with economic growth, trade openness, urbanization, on sustainability presence Kuznets curve hypothesis for a group G-7 economies from 1994 2018. For this purpose, we employed long-run mean estimation approaches (FMOLS, DOLS, FE-OLS) Panel Quantile Regression technique produce heterogeneous results at various levels footprint. The panel quantile regression findings report urbanization promote by reducing footprint all quantiles. However, effect statistically insignificant 10th quantile. Further, significant positive growth negative square confirms hypothesis. Moreover, indicate openness stimulates and, result, reduces estimates are similar outcomes. suggest countries need well-designed strict policies emphasize help these increase share compared non-renewable technological innovation through financial aid, stringent policy instruments (e.g., taxes) ensure

Language: Английский

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Green environments reimagined through the lens of green finance, green innovations, green taxation, and green energies. Wavelet quantile correlation and rolling window-based quantile causality perspective

Renewable Energy, Journal Year: 2024, Volume and Issue: 228, P. 120650 - 120650

Published: May 16, 2024

Unarguably, a compromised environment portends negativities to humankind. Hence, we explored the potential of green finance, innovations, taxes, and energy for developments in South Africa (SA). Annual time-series data spanning 1996 – 2022 cutting-edge estimators exposed predictive effects under-listed variables on environments. This includes wavelet quantile correlation, time-varying Granger causality, rolling window-based non-parametric causality. The novel insights underscore vital role finance ensuring growth, irrespective some notable divergences over time. Likewise, energies produced environmental enhancing with underlining asymmetric across time quantiles distributions. outcomes recursive evolving window algorithm correlation portray that are significant positive enablers growth SA. SA should forestall all factors leading observed as policy option. could be achieved through improved finances consistent promotion relevant initiatives. These steps will aid revolution enable emergence development republic.

Language: Английский

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Evaluating Environmental Sustainability in Africa: The Role of Environmental Taxes, Productive Capacities, and Urbanization Dynamics

Economies, Journal Year: 2024, Volume and Issue: 12(4), P. 80 - 80

Published: March 29, 2024

This study examines the complex relation among environmental taxes, productive capacities, urbanization, and their collective effects on quality in Africa, drawing two decades of data from twenty African countries. It situates within broader discourse sustainable development economic growth, emphasizing Environmental Kuznets Curve (EKC) framework to examine relationship between development, characterized by urban expansion increased adoption taxes amidst continent’s diverse environments. Using advanced econometric techniques, including Cross-Section Augmented Autoregressive Distributed Lag (CS-ARDL) model Dynamic Common Correlated Effects Mean Group (DCCEMG) estimator, addresses challenges such as cross-sectional dependence slope heterogeneity. The results provide important insights into dynamics growth role taxation. proposes tailored policy strategies aimed at strengthening initiatives line with international agreements Paris Agreement Sustainable Development Goals. These advocate for a nuanced application promotion capacities enhance sustainability across continent.

Language: Английский

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Effects of geopolitical risk on environmental sustainability and the moderating role of environmental policy stringency

Scientific Reports, Journal Year: 2024, Volume and Issue: 14(1)

Published: May 10, 2024

Abstract This study investigates the impact of geopolitical risk (GPR) on consumption-based carbon (CCO 2 ) emissions as well moderating role environmental policy stringency (EPS) above relationship. Based data collected from 27 countries 1990 to 2020, basic results sample indicate that GPR accelerates CCO emissions. Quantile regression reveal effect is more pronounced in with higher Moreover, EPS weakens escalating The robust test validate findings reported model. heterogeneity indicates greater developing compared developed countries. also proposes these implications based findings: (1) should ensure a stable political environment, establish legal system and promote energy transition; (2) scope taxes be expanded where different tax rates imposed order useful reducing

Language: Английский

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Effectiveness of environmental protection expenditures and resource tax policy in the Netherland's load capacity factor: Do government effectiveness and renewable energy matter? Evidence from Fourier augmented ARDL

Resources Policy, Journal Year: 2024, Volume and Issue: 92, P. 105030 - 105030

Published: April 22, 2024

Language: Английский

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How environmental patents, education, and energy transition impact greenhouse gases: evidence from E7 countries

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 12

Published: Jan. 7, 2025

Mitigating greenhouse gas emissions (GHG) is crucial to achieving sustainable development and ensuring a prosperous environmentally sound future. This study motivated by the pressing need address environmental challenges faced E−7 economies—Brazil, India, Indonesia, Russia, Mexico, China, Turkey—due their rapid economic transitions significant contributions global GHG emissions. It investigates long-term impact of patents (ENP), financial (FD), energy transition (ENT), education (EDU) on in nations using second-generation econometric methods, including momentum quantile regression (MMQR), over period 1990–2019. also moderating effects FD ENT EDU influencing The results reveal that ENP reduce across all quantiles, with ENT’s effect stronger at lower quantiles ENP’s influence intensifying higher quantiles. shows consistent positive reflecting its role driving industrialization demand, while reduces significantly supporting green investments. Interaction terms indicate enhances reducing but moderates EDU’s way can either amplify or offset depending context. robustness analysis validates these findings, particularly for FD, highlights potential reduction under specific conditions. These findings emphasize targeted policies leverage reduction, strategically direct toward investments, manage dual dynamics. offers critical insights policymakers balance growth sustainability, contributing efforts combat climate change.

Language: Английский

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