Greening the globe: a multi-stage analysis of human capital, innovation-policy interactions, and renewable energy in driving environmental sustainability

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: March 21, 2025

Economic growth must be balanced with ecological sustainability as G20 nations face mounting environmental concerns and challenges. These countries account for the majority of global economic output emissions, making them pivotal in efforts to reduce footprints while fostering innovation progress. This study introduces a novel approach by integrating advanced econometric methods such Cross-Sectional Augmented ARDL (CS-ARDL), Mean Group (AMG), Common Correlated Effects (CCEMG), Granger causality tests comprehensively analyze dynamic relationships between footprint (EFP), policies (EP), renewable energy consumption (REC), capital formation (CF), (INN) from 1990 2023. The key novelty this lies its methodological rigor ability address cross-sectional dependence heterogeneity within economies. Unlike prior research, simultaneously examines linear, nonlinear, interaction effects, providing holistic understanding how factors interact over time. CS-ARDL results highlight that policies, innovation, drive sustainability, REC playing most significant role reducing EFP findings on further emphasize sustainable development hinges strategic investments human physical capital. By leveraging AMG CCEMG methodologies, research strengthens robustness findings, ensuring their validity across diverse contexts. analysis reveals bidirectional relationship unidirectional link EP, underscoring critical shaping policy. offers groundbreaking empirical insights into economic, environmental, dynamics nations, advocating prioritize energy, technological advancements, investments. Future should explore sector-specific socio-political dimensions pathways.

Language: Английский

Assessing the impacts of irrigation loads and capital subsidies on minigrids: A case study of Kenya

Renewable energy focus, Journal Year: 2024, Volume and Issue: unknown, P. 100675 - 100675

Published: Dec. 1, 2024

Language: Английский