Do renewable energy consumption and financial globalisation contribute to ecological sustainability in newly industrialized countries?

Renewable Energy, Journal Year: 2022, Volume and Issue: 187, P. 688 - 697

Published: Jan. 22, 2022

Language: Английский

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The dynamic impact of biomass and natural resources on ecological footprint in BRICS economies: A quantile regression evidence

Energy Reports, Journal Year: 2022, Volume and Issue: 8, P. 1979 - 1994

Published: Jan. 25, 2022

Many emerging economies, including the BRICS are having difficulty meeting Sustainable Development Goals' (SDGs) objectives. Consequently, this research discusses creation of an SDG framework for which can be utilized as a model other blocs. To achieve purpose, probes into effect biomass energy usage on ecological footprint in economies between 1992 and 2018, considering roles gross capital formation, natural resources, globalization. The novel Methods Moments-Quantile-Regression (MMQR) approach with fixed effects is used, outcomes reveal that all quantiles (10th to 90th), globalization use mitigate environmental degradation, whereas economic growth, formation contribute degradation. present applied series techniques such panel FMOLS, DOLS, FE-OLS, disclosed utilization help while improve On basis study's findings, we suggest shift policies away from fossil fuels toward renewable alternatives by taking measures regarding innovation conversion efficiency.

Language: Английский

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Examining the interconnectedness of green finance: an analysis of dynamic spillover effects among green bonds, renewable energy, and carbon markets

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(31), P. 77605 - 77621

Published: June 1, 2023

Language: Английский

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Wavelet analysis of impact of renewable energy consumption and technological innovation on CO2 emissions: evidence from Portugal

Environmental Science and Pollution Research, Journal Year: 2021, Volume and Issue: 29(16), P. 23887 - 23904

Published: Nov. 24, 2021

Language: Английский

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DO REMITTANCES MITIGATE POVERTY? AN EMPIRICAL EVIDENCE FROM 15 SELECTED ASIAN ECONOMIES

The Singapore Economic Review, Journal Year: 2023, Volume and Issue: 68(04), P. 1447 - 1468

Published: April 20, 2023

This paper examines the impact of remittances on poverty alleviation in 15 selected Asian economies. Remittances have been identified as a potential source income for households developing countries and means reducing poverty. Using panel data from 2000 to 2020, we estimate effect levels these economies, controlling other relevant factors such GDP per capita, inflation rate population growth. Our results suggest that significant negative indicating play crucial role reduction. The findings also reveal reduction varies across with some economies experiencing stronger poverty-reducing than others. highlight benefits policies aimed at facilitating flow ensuring their effective use countries.

Language: Английский

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Load Capacity Factor and Financial Globalization in Brazil: The Role of Renewable Energy and Urbanization

Frontiers in Environmental Science, Journal Year: 2022, Volume and Issue: 9

Published: Feb. 2, 2022

To mitigate environmental challenges and fulfill the Sustainable Development Goals, a broader holistic ecological assessment is required. As result, this research utilizes load capacity factor, which distinct proxy of deterioration that offers detailed evaluation measurement by comparing biocapacity footprint simultaneously. Moreover, factor provides combined attributes demand supply-side quality. Therefore, scrutinized effect financial globalization, urbanization, economic growth, renewable nonrenewable energy usage on for period stretching between 1970 2017 in Brazil. The bounds testing procedure cointegration combination with critical approximation p -values Kripfganz Schneider (2018) disclosed cointegrating association its regressors. outcome ARDL method uncovered non-renewable reduce whereas urbanization has no impact However, globalization positive Finally, study uses spectral causality test to assess interaction observed parameters. policymakers should take advantage opportunity developing policies encourage openness economy foreign investors.

Language: Английский

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The role of renewable energy consumption and financial development in environmental sustainability: implications for the Nordic Countries

International Journal of Sustainable Development & World Ecology, Journal Year: 2022, Volume and Issue: 30(1), P. 21 - 36

Published: Sept. 1, 2022

The Nordic nations have yet to significantly contribute achieving Sustainable Development Goals (SDG) 7 and 13. This predicament might be attributed fundamental financialization concerns in these renewable energy generation implementation issues. are fighting reduce CO2 emissions as a result of two situations. Dealing with this problem may necessitate policy shift, which represents the focus research. Utilizing data from 1980 2020, we analyze heterogeneous impacts financial development on using advanced panel time-series methodologies. advantage wavelet tools (wavelet coherence, partial multiple techniques) is that they help capture initiatives at different frequencies, i.e., short, medium long-term. Our empirical outcomes CS-ARDL show both decrease short long term. Furthermore, coherence negative co-movement between each nation except for Iceland driving all frequencies. Additionally, enhances ‘CO2 emissions-renewable consumption’ association, but term, it has no stimulating effect. These findings lead recommendation an SDG-oriented framework. While agenda designed achieve SDGs 13, also applied other nations. study recommends countries implement measures boost supply through enhanced technologies.Abbreviations: ASEAN: Association Southeast Asian Nations; BRICS: Brazil, Russia, India, China South Africa; CO2: Carbon Emissions; CS-ARDL: Cross Sectional Autoregressive Distributed Lag Model; FD: Financial Development; PMG-ARDL: Pool Mean Group VAR: Vector Autoregressive; VECM: Error Corrected MINT: Mexico, Indonesia, Nigeria Turkey; REC: Renewable Energy; SDG: Goal; SD:

Language: Английский

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Achieving carbon neutrality in post COP26 in BRICS, MINT, and G7 economies: The role of financial development and governance indicators

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 387, P. 135853 - 135853

Published: Jan. 3, 2023

Pledges and commitments from governments of wealthy nations were made at the COP26 Glasgow summit, thereby rejuvenating hope among to confront climate change challenge. Thus, study examines complementarity financial development carbon emissions, while accounting for conditional influence good governance under three disaggregated indicators – economic, institutional, political BRICS, MINT, G7 economies. First, reveals that depending on adopted indicator has mixed effects environmental pollution levels. Specifically, triggers highest effect via domestic credit private sector compared foreign direct investments, index reduces pollution. Secondly, economic promotes quality by reducing through regulation. Third, institutional weaker rule laws induces pollution, control corruption antagonizes Furthermore, only voice accountability supports pollution-mitigating governance. On a bloc-to-bloc comparative analysis, effectiveness in all blocs albeit different magnitudes exerts significant desirable impact countries. Lastly, renewable energy trade liberalization negative positive degradation respectively.

Language: Английский

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Does interaction between technological innovation and natural resource rent impact environmental degradation in newly industrialized countries? New evidence from method of moments quantile regression

Environmental Science and Pollution Research, Journal Year: 2021, Volume and Issue: 29(2), P. 3162 - 3169

Published: Nov. 29, 2021

Language: Английский

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Does Globalization Moderate the Effect of Economic Complexity on CO2 Emissions? Evidence From the Top 10 Energy Transition Economies

Frontiers in Environmental Science, Journal Year: 2021, Volume and Issue: 9

Published: Nov. 26, 2021

The association between economic complexity (sophisticated structure) and carbon emissions has major implications for environmental sustainability. In addition, globalization can be an important tool attaining sustainability it may also moderate the emissions. Thus, this research examines effects of complexity, growth, renewable energy, on CO 2 in top 10 energy transition economies where have greatly increased over last 3 decades. Furthermore, study evaluates joint effect Keeping view presence slope heterogeneity cross-sectional dependence data, utilized second-generation unit root tests (CIPS CADF), Westerlund cointegration approach, CS-ARDL CCEMG long-run estimators period 1990–2018. results affirmed among considered variable. Long-run findings revealed that globalization, decrease Conversely, growth increases Moreover, impact stimulates Based these findings, government groups should continue to expand usage energy. They promote interaction with rest world by adopting policy opening up.

Language: Английский

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