Achieving the targets of sustainable development goals 7 and 12 in Norway: An application of wavelet tools DOI
Tomiwa Sunday Adebayo

Environmental Progress & Sustainable Energy, Journal Year: 2025, Volume and Issue: unknown

Published: May 15, 2025

Abstract This research fills a critical gap in previous studies by examining Norway from new and innovative perspectives. First, it provides comprehensive analysis of the impact technological innovations (TI) political globalization (PG) on renewable energy intensity (REI) using updated data spanning 1980Q1 to 2022Q4. Second, uniquely incorporates financial institutions (FIS) markets (FM) as key variables, which have been largely overlooked earlier studies. Third, study utilizes advanced wavelet tools, offering methodological improvements that ensure robust empirical estimates policy relevance across different time periods. Finally, introduces novel application Granger causality this context, providing fresh insights into dynamic relationships shaping REI. The results coherence show FM REI exhibited positive late 1990s early 2010s, while PG showed negative 2000s. In addition, TI consistently displayed coherence, with partial multiple highlighting combined influence FIS, FM, over time. These findings provide valuable for policymakers Norway, enabling them implement informed adjustments aimed at increasing intensity.

Language: Английский

Global evidence on the energy–environment dilemma: the role of energy-related uncertainty across diverse environmental indicators DOI

Oktay Özkan,

Ojonugwa Usman, Babatunde Sunday Eweade

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2024, Volume and Issue: 31(8), P. 1128 - 1144

Published: Aug. 22, 2024

Several existing studies show that macroeconomic uncertainties intensify global environmental and climate challenges, putting the globe at risk of not being able to achieve United Nations' Sustainable Development Goals by 2030. In this study, we provide evidence on role energy-related uncertainty in energy – environment dilemma between 1996 2021. We employ three distinct indicators load capacity factor (LCF), carbon dioxide emissions (CO2), ecological footprint (EFP) alongside a comprehensive index time-frequency-quantile methods based Wavelet Quantile Correlation, Cross-Quantilogram, Local Multiple Correlation with Dominance. The empirical results suggest negative strong nonlinear dependencies LCF across periods quantiles. further has positive dependences only CO2 but also EFP various vary quantiles, stronger dependency structures long run. These findings underscore substantial influence contemporary challenges. governments policymakers need reshape policy directives toward mitigating effects uncertainties.

Language: Английский

Citations

8

Pathways to Environmental Sustainability: Do Fintech, Natural Resources, and Environmental Patents Matter in E-7 Nations? DOI
Yu Bai, Babatunde Sunday Eweade, Sahar Aghazadeh

et al.

Renewable Energy, Journal Year: 2025, Volume and Issue: unknown, P. 122987 - 122987

Published: March 1, 2025

Language: Английский

Citations

0

Dissecting the relationship between fin-tech indicators, natural resources and green productivity in ASEAN: regarding human development and globalization perspectives DOI Creative Commons
Chao He, Wangzhi Dai, Jin He

et al.

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

Published: April 30, 2025

In the pursuit of sustainable development, green productivity has emerged as a crucial concept, bridging gap between ecological conservation and economic prosperity to foster both environmental protection human welfare. This research undertakes an in-depth exploration intricate associations among natural resource utilization, forces globalization, advancements in financial technology (fintech), within ASEAN region during period from 2000 2021. Employing advanced econometric techniques such Augmented Mean Group (AMG), Common Correlated Effects (CCEMG), Fixed modeling, Moments Quantile Regression (MMQR) dissect panel data, study aims decipher multifaceted impacts these variables on sustainability. The results reveal that overreliance resources process globalization pose challenges production, while expansion development initiatives act catalysts for symbiotic relationship business practices further accentuates importance holistic policy formulation. Notably, findings highlight implementation stringent regulations adoption management strategies not only enhance production but also stimulate growth without compromising integrity. enriches theoretical framework economics uncovers critical interdependencies sustainability components context. By spotlighting necessity integrated policies harmonize objectives, this offers valuable insights policymakers striving achieve region. Moreover, it emphasizes urgency comprehensive approach address conundrums faced by nations, paving way future investigations into complex web multiple issues prevalent developing economies.

Language: Английский

Citations

0

Achieving the targets of sustainable development goals 7 and 12 in Norway: An application of wavelet tools DOI
Tomiwa Sunday Adebayo

Environmental Progress & Sustainable Energy, Journal Year: 2025, Volume and Issue: unknown

Published: May 15, 2025

Abstract This research fills a critical gap in previous studies by examining Norway from new and innovative perspectives. First, it provides comprehensive analysis of the impact technological innovations (TI) political globalization (PG) on renewable energy intensity (REI) using updated data spanning 1980Q1 to 2022Q4. Second, uniquely incorporates financial institutions (FIS) markets (FM) as key variables, which have been largely overlooked earlier studies. Third, study utilizes advanced wavelet tools, offering methodological improvements that ensure robust empirical estimates policy relevance across different time periods. Finally, introduces novel application Granger causality this context, providing fresh insights into dynamic relationships shaping REI. The results coherence show FM REI exhibited positive late 1990s early 2010s, while PG showed negative 2000s. In addition, TI consistently displayed coherence, with partial multiple highlighting combined influence FIS, FM, over time. These findings provide valuable for policymakers Norway, enabling them implement informed adjustments aimed at increasing intensity.

Language: Английский

Citations

0