THE CRITICAL ROLE OF FINANCIAL INCLUSION IN GREEN GROWTH: EVIDENCE FROM BRICS COUNTRIES

Research in International Business and Finance, Journal Year: 2025, Volume and Issue: unknown, P. 102847 - 102847

Published: Feb. 1, 2025

Language: Английский

Beyond Growth: The Triple Green Strategy (Green Energy, Green Innovation, and Green Finance) for Sustainable Emissions Reduction in BRICS Countries

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

Published: March 6, 2025

ABSTRACT In recent decades, rapid development in emerging economies, particularly within the BRICS bloc, has intensified climate challenges, threatening environmental sustainability. Green energy, technological innovation, and carbon pricing strategies have emerged as key tools for mitigating these impacts while promoting green economic growth, aligning with international goals such 2030 SDGs pledge neutrality by 2060. However, balancing socio‐economic growth sustainability remains a significant challenge countries. This study investigates impact of diffusion, finance, natural resource rents on CO 2 emissions economies from 1995 to 2022. The research employs advanced panel data techniques, specifically Augmented Mean Group (AMG) Common Correlated Effects (CCEMG) models, account cross‐sectional dependence heterogeneity. empirical results show that finance all negative emissions, contributing emission reductions. contrast, diffusion are positively associated indicating higher lead an increase emissions. Dumitrescu Hurlin causality tests reveal bidirectional causal relationships, suggesting not only do factors influence but also advancement technologies growth. Based findings, recommends policy actions support SDG targets, 7, 8, 9, 13, through promotion R&D, circular economy practices.

Language: Английский

Measurement and distribution characteristics of urban green productivity: based on fuzzy rough set and spatial autocorrelation analysis

Environment Development and Sustainability, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 26, 2024

Language: Английский