The symbiotic effects of energy consumption, globalization, and combustible renewables and waste on ecological footprint in the United Kingdom

Natural Resources Forum, Journal Year: 2024, Volume and Issue: 48(1), P. 274 - 291

Published: Jan. 18, 2024

Abstract This study aims to investigate the effects of energy consumption, globalization, and combustible renewable waste consumption on ecological footprint in United Kingdom. The utilizes data from 1970 2015 using econometrics techniques, including Fourier autoregressive Distributive Lag (Fourier ADL) co‐integration test, distributive lag (ARDL), co‐integrating regression. results ADL ARDL bounds tests indicate a long‐term relationship among variables examined. outcomes model regression demonstrate that economic growth contribute positively footprint. However, there is negative impact Furthermore, gradual shift causality test identifies one‐way causal between investigated variables. acclaims British government should prioritize implementing policies transition sustainable sources.

Language: Английский

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Financial Development's Role in Reducing the Ecological Footprint of Energy Consumption in BRICS

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

Published: Jan. 6, 2025

ABSTRACT This study examines the relationship between energy consumption and environmental degradation in BRICS countries from 1995 to 2022, focusing on how financial development moderates this relationship. The key objective is explore potential of mitigate adverse impacts consumption, mainly through promoting cleaner alternatives improving efficiency. To achieve this, employs Driscoll‐–Kraay fixed‐effects bootstrap panel quantile regression methods account for cross‐sectional dependence capture heterogeneous effects across different quantiles consumption. findings indicate that significantly exacerbates degradation, but can reduce these effects, especially at lower levels. However, higher levels use, mitigating impact diminishes. These results contribute achieving Sustainable Development Goals 7 (Affordable Clean Energy) 13 (Climate Action), providing valuable insights policymakers. Based findings, recommends a dual approach emphasizes strengthening systems while efficiency adopting renewable foster more sustainable future. also highlight need international cooperation knowledge sharing improve outcomes countries.

Language: Английский

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Toward sustainable climate action in advanced economies: Linking information communication technology, technological innovation, economic complexity, and ecological footprint

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: April 11, 2024

Abstract Information and communication technology (ICT), technological innovation, renewable energy (REN) consumption have been proffered as solutions to the recent environmental tragedies in developed countries. In times, ICT diffusion innovation improved G7 countries, but same cannot be said of REN consumption. As such, this study examines link between ICT, economic complexity, REN, ecological footprint (EF) for countries over period 1990–2020. We use three variables (fixed telephone subscriptions [FTS], mobile cellular [MCS], individuals using internet [IUI]) represent ICT. The presence cross‐sectional dependence guides second‐generation econometric methods slope heterogeneity, unit root, cointegration, parameter estimation. augment mean group (AMG) estimator panel OLS techniques are applied complement method moment quantile regression (MM‐QR) approach. MM‐QR results suggest that impede EF across all levels (0.1–0.9), whereas growth complexity heterogeneous effects on EF, suggesting impact depends estimation proxy variable. line with these outcomes, public policies directed toward funding projects recommended. should specifically focus environmentally friendly technologies can guarantee complementarity reduced damage increased growth.

Language: Английский

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Moderating role of government effectiveness and innovation in sustainable economic growth relationship in Middle East & North Africa countries

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Jan. 29, 2024

Abstract This article examines the impact of government effectiveness (GE) and technological innovation on economic growth environmental degradation in Middle East & North Africa countries. The study utilizes panel data from period 2002–2020. findings indicate that there is a significant positive relationship between (INV) CO 2 emissions (0.0244), while GE has negative (−0.5753). In similar vein, it can be observed both INV efficacy exert substantial favorable influence process (0.0353 0.0773). Furthermore, interaction showed noteworthy moderating effect (−0.1581). Conversely, exhibited more pronounced (0.1122). highlights synergizing with essential for attaining sustainable studied area.

Language: Английский

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Economic globalization and ecological impact in emerging economies in the post‐COP21 agreement: A panel econometrics approach

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Feb. 5, 2024

Abstract Globally, the need for ecological well‐being and sustainable development attracted research policy attention over years. However, issues concerning nexus between globalization safety remain contentious unresolved. Therefore, this study contributes to discourse by evaluating impact of economic on footprints in seven emerging economies (E7) while accounting other drivers environmental degradation outlined bloc period 1990–2021. The present leverages panel data econometric techniques achieve objectives. findings shows that increase activities drive a higher footprint thus reduce quality economies. This concludes progress increasing wave their integration is detrimental environmentally development. recommends, among insightful inferences, global agenda should be prioritized, environment‐friendly pursued. Environmental regulations strictly observed countries bid integration.

Language: Английский

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Spatio-temporal evolution of provincial ecological footprint and its determinants in China: A spatial econometric approach

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 434, P. 140331 - 140331

Published: Dec. 20, 2023

Language: Английский

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Military spending: An obstacle to environmental sustainability in Africa

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Jan. 25, 2024

Abstract The economic impact of defence spending is one the most hotly debated issues today. Due to instability and security deficits in many countries around world, are devoting a greater proportion their budgets spending, with adverse consequences for environment. On this basis, aim study examine correlation between military environmental degradation, test whether progress serves as transferable channel. To do fixed‐effects estimates, Driscoll–Kraay, Lewbel (2SLS), Oster, structural VARs quantiles were used. analysis showed significant positive effect on designated markers such nitrous oxide, methane carbon dioxide. This implies that although they not manufacture weapons, African affected by which contributes degradation. It therefore essential regulated Africa, influx weapons exacerbates conflicts continent. Moreover, growth an important factor transmitting spending. other hand, governments need improve systems governance address long‐standing inequalities income, education, gender, access basic services aspects. In doing so, have experienced conflict past will be able redirect towards sectors bring prosperity prioritise protection.

Language: Английский

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Exploring the link between economic growth, energy consumption, and environmental pollution in G20

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: March 8, 2024

Abstract This study examined the interplay between economic growth and environmental pollution in G20 countries, employing panel data analysis techniques. The primary aim was to assess validity of Environmental Kuznets Curve (EKC) hypothesis using contemporary econometric methods, while considering pertinent literature. Preliminary findings affirm EKC hypothesis, which posits that initially escalates with but diminishes after surpassing a specific income threshold. Nevertheless, upon integrating per capita energy consumption into analysis, descending trajectory postulated inverted U‐shaped emerged as statistically non‐significant. undermines hypothesis's assertion industrialized nations elevated incomes predominantly contribute reduced pollution. Consequently, context developed nations, this research bolsters prevailing consensus scholarly discourse augments resource consumption, thereby adversely impacting quality.

Language: Английский

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Do fintech, natural resources and globalization matter during ecological crises? A step towards ecological sustainability

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2024, Volume and Issue: 10(3), P. 100371 - 100371

Published: Aug. 31, 2024

Language: Английский

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Driving sustainability: The nexus of financial development, economic globalization, and renewable energy in fostering a greener future

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

Published: Jan. 21, 2025

Financial development serves as a key indicator to achieve rapid economic growth and environmental sustainability globally. Therefore, this study explores how financial development, globalization, green energy influence carbon emissions, along with GDP, technological innovation, trade openness, in the Next-11 emerging economies from 1990 2022. The cointegration causality associations are analyzed by using Panel Common Correlated Effect Mean Group (CCEMG) Augmented (AMG) techniques our objective. empirical results AMG analysis indicate that contribute diminishing CO 2 emissions 1.25%, 2.23%, 2.90%, respectively. Conversely, liberalization, have negative impacts on environment, increasing 1.04%, 0.13%, 0.18%, Similarly, findings CCEMG outcomes expose inverse link between expansion degradation. Our highlight policymakers should prioritize sustainable practices for of markets, particularly businesses invest cleaner technologies renewable energy. This integrated strategy is necessary countries accomplish their SD goals effectively confront climate change.

Language: Английский

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