Greening wallets or worsening landscapes: Exploring carbon footprints of renewable energy, tourism, and financial development indices

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

Published: Jan. 16, 2024

Abstract Sustainable development goals (SDGs) 7 and 13 of the United Nation's 2030 Agenda for Development emphasize cheap clean energy climate action, respectively. The relentless pursuit sustainable has spurred a growing interest in understanding intricate relationships between carbon footprints, renewable practices, tourism, financial indices. This research embarks on comprehensive exploration interplay among these critical factors, aiming to unravel nuanced dynamics that shape our environmental economic landscape top 10 tourist countries from 1991 2021. investigation was conducted through quantile‐based modeling, where long‐run estimates are achieved lower, middle, higher quantiles. Nevertheless, findings suggest 1% increase tourism will approximately result 0.109% 0.298% footprint lower quantile quantiles, is, 10th 30th quantile. In middle quantiles (40th 60th 70th 90th), 0.313% 0.565% 0.721% 1.369%, However, index significant sources reducing footprints 90th Still, intensity their impacts is heterogeneous different Empirical demonstrate stimulates demand environmentally sources. Utilizing decreases presence greenhouse gases environment contrast use fossil fuels. energy, indices concluded be cornerstones concerning distinct impacts. study's slope equality symmetric tests further corroborated findings. Upon conclusion current study, this offered policy implications regulatory bodies deliberated potential avenues future investigation.

Language: Английский

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Can green finance policy promote ecosystem product value realization? Evidence from a quasi-natural experiment in China

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: March 8, 2024

Abstract This study takes the Green Finance Pilot Zones (GFPZ) policy in China as a quasi-natural experiment and employs synthetic control method to test effect of GFPZ on ecosystem product value realization, using province-level gross (GEP) panel data from 2011 2020. The results reveal that significantly promotes realization products, this positive impact remains robust after spatial placebo studies, leave-one-out estimation, difference-in-differences (DID) method, controlling effects other impacts. Meanwhile, ecological transformation industries industry development serves critical mechanism pathways for realize products. In addition, we identify significant spillover resulting implementation. Heterogeneity analysis reveals is more central, western regions, areas with high financial levels. Moreover, heterogeneous goals, has greater impacts ecologically vulnerable followed by industrial upgrading while resource region not significant. These findings provide empirical evidence attributions green finance sustainable underscore pressing need enhancing effective adaptation local circumstances, making full use tools promote advance development.

Language: Английский

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Pathways to ecological resilience: exploring green energy and finance for sustainable development

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

Published: March 18, 2024

Language: Английский

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Green investment products, consumer behavior, and regional carbon emissions levels

Finance research letters, Journal Year: 2024, Volume and Issue: 66, P. 105647 - 105647

Published: May 28, 2024

Language: Английский

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The role of natural resources rents and e-government in achieving sustainable development in the European Union

Resources Policy, Journal Year: 2024, Volume and Issue: 97, P. 105278 - 105278

Published: Aug. 31, 2024

Language: Английский

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