Renewable energy development and carbon productivity in OECD countries: A new perspective on the internal mix of renewable energy DOI

Liang Xie,

Xianzhong Mu

International Journal of Green Energy, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 18

Published: Feb. 14, 2025

Achieving environmental sustainability and economic growth demands higher carbon productivity. While much literature discusses the impact of renewable energy scale penetration on productivity, specific effects internal structure sources are not well understood. This study explores influence productivity in 35 selected OECD countries. The main results as follows: (1) gradual diversification mix has a U-shaped relationship with Almost half countries have passed turning point. "U-shape" relation exists across all quantiles little variation inflection points. (2) impacts through non-linear structural effects, linear technology effects. (3) growing differentiation among negative this adverse effect is more significant levels. These findings provide valuable insights for to optimize promoting They emphasize importance considering formulating development policies. Specifically, due between at different levels can adopt distinct strategies.

Language: Английский

Moving towards sustainable environment development in emerging economies: The role of green finance, green tech‐innovation, natural resource depletion, and forested area in assessing the load capacity factor DOI
Muhammad Anas, Wei Zhang, Satar Bakhsh

et al.

Sustainable Development, Journal Year: 2023, Volume and Issue: 32(4), P. 3004 - 3020

Published: Nov. 16, 2023

Abstract Environmental sustainability is increasingly being prioritized by governments around the world, particularly in emerging economies. This study examined role of green finance and technological innovation environmental using “load capacity factor”, also takes into account natural resource depletion forest cover. used annual data from 2000 to 2018 for economies: Brazil, China, India, Indonesia, Turkey Mexico. Methods analysis included cross‐section augmented autoregressive distributed lags (CS‐ARDL) model, along with validation common correlated mean group (CCEMG) (AMG). The results show that finance, forested areas consistently have a positive impact on sustainability, while has negative impact. findings CS‐ARDL are consistent those CCEMG AMG. makes recommendations economies need prioritize REDD+ (Reducing Emissions Deforestation Forest Degradation) initiatives implement decoupling policies, addition technology achieve sustainability.

Language: Английский

Citations

43

Strategy towards sustainable energy transition: The effect of environmental governance, economic complexity and geopolitics DOI Creative Commons
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 52, P. 101330 - 101330

Published: Feb. 28, 2024

The Paris Agreement and COP27 have been actively working towards a transition to clean energy (SDG-7) the restoration of green environment (SDG-13). Therefore, this study was situated within comprehensive policy framework. This aims investigate effects environmental governance economic complexity on in 20 OECD countries selected for analysis from 1990 2021. employs novel MMQR model account slope heterogeneity cross-sectional dependency. Additionally, an asymmetric conducted examine mediating moderating roles geopolitical risk relationship between governance, complexity, transition. primary findings indicate that (1) stimulating effect at different levels quantiles. Strict policies played critical role energy. Furthermore, interaction factors negatively impacts various quantiles; (2) demonstrates positive association with transition, as high possess necessary resources, capabilities, resilience effectively address challenges seize opportunities associated transitioning cleaner more sustainable sources. However, geopolitics transforms influence into negative nonparametric panel Granger causality test establishes significant causal relationship, revealing can support by creating favorable adoption, fostering innovation, facilitating effective planning implementation, enhancing resilience, promoting international collaboration.

Language: Английский

Citations

43

Accelerating renewables: Unveiling the role of green energy markets DOI

Amar Rao,

Satish Kumar, Sitara Karim

et al.

Applied Energy, Journal Year: 2024, Volume and Issue: 366, P. 123286 - 123286

Published: April 29, 2024

Language: Английский

Citations

22

Energy transition and environmental stability prospects for OECD economies: The prominence role of environmental governance, and economic complexity: Does the geopolitical risk matter? DOI
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 354, P. 120358 - 120358

Published: Feb. 26, 2024

Language: Английский

Citations

20

How can green finance effectively promote low-carbon cities? Evidence from 237 cities in China DOI
Bin Xu, Boqiang Lin

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 365, P. 121641 - 121641

Published: July 2, 2024

Language: Английский

Citations

16

Enriching the green economy through sustainable investments: An ESG-based credit rating model for green financing DOI
Pranith Kumar Roy

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 420, P. 138315 - 138315

Published: Aug. 2, 2023

Language: Английский

Citations

33

Is green finance fostering high-quality energy development in China? A spatial spillover perspective DOI Creative Commons
Jiajun Xu, Jinchao Wang, Rui Li

et al.

Energy Strategy Reviews, Journal Year: 2023, Volume and Issue: 50, P. 101201 - 101201

Published: Sept. 20, 2023

As the world's largest energy consumer, it is worth exploring how China can achieve high-quality development. This paper aims to assess role of green finance development in China's (HED). We develop two indicator systems measure level provincial and HED find a significant contribution both local neighboring based on spatial model. These findings still hold after considering endogeneity performing series robustness tests. In addition, we that effect more pronounced exceeding threshold value, spillover boundary 1750 km. provide reference for government further policies

Language: Английский

Citations

29

The coupling and coordinated development of digital finance and green finance under the vision of “dual carbon” and the examination of carbon emission reduction effect DOI Creative Commons
Yarong Shi, Bo Yang

Sustainable Futures, Journal Year: 2024, Volume and Issue: 7, P. 100217 - 100217

Published: May 29, 2024

This paper measures the coupling coordination development level between digital finance and green in Chinese provinces investigates their carbon emission reduction effects. The study reveals that has a significant effect, displaying an inverted "U" shape with marginal effect first increases then decreases. There are substantial differences moderating effects of formal environmental regulation informal regulation. Furthermore, central western regions, areas higher financial regulatory intensity, non-resource-based provinces, is more pronounced.

Language: Английский

Citations

12

Examining public private partnership investment in energy towards achieving sustainable development goal 7 for ASEAN region DOI Creative Commons
Md Altab Hossin, David Alemzero, Hermas Abudu

et al.

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

Published: July 16, 2024

Abstract The gradual progress in aligning financial flows with the adoption of clean technologies reveals a persistent funding gap, signaling global misallocation capital. Addressing this challenge necessitates political leadership and robust policies to counteract insecurities impeding redirection flows. This study investigates into impact energy-related public–private partnership investments (PPPIE) macro-environmental variables on attainment Sustainable Development Goal 7 (SDG7) across Association Southeast Asian Nations (ASEAN) member countries from 1999 2021. Employing Dynamac command technique, we conduct autoregressive distribution lag analysis Bounds Cointegration Test evaluate ASEAN’s efforts achieving SDG7. Results indicate that ten-year exogenous shock GDP growth rate initially causes temporary decline both PPPIE, albeit not statistically significant. However, long run, becomes significant, correlating negative rate. underscores external factors like COVID-19 pandemic economic ASEAN countries. Specifically, percentage increase PPPIE leads an 8.3% reduction rate, revealing detrimental unsustainable economy. signifies energy region, are predominantly adversely growth. Moreover, these contribute significant 52.6% greenhouse gas emissions, indicating substantial setback region’s towards meeting SDG7’s objectives by 2030. suggests present state does align sustainable goals region. Therefore, recommendations should include diversifying sources investment strategies enhance energy. Also, policymakers researchers reassess terms conditions refining frameworks for private sector involvement long-term sustainability goals.

Language: Английский

Citations

10

Nonnegligible transition risks towards net-zero economy: Lessons from green finance initiatives in China DOI
Hongyun Huang, William Mbanyele, Linbo Zhang

et al.

Journal of Environmental Management, Journal Year: 2025, Volume and Issue: 375, P. 124132 - 124132

Published: Jan. 24, 2025

Language: Английский

Citations

1