Exploring how economic growth, renewable energy, internet usage, and mineral rents influence CO2 emissions: A panel quantile regression analysis for 27 OECD countries

Resources Policy, Journal Year: 2024, Volume and Issue: 92, P. 105025 - 105025

Published: April 22, 2024

Language: Английский

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Achieving net-zero emission target in Africa: Are sustainable energy innovations and financialization crucial for environmental sustainability of sub-Saharan African state?

Applied Energy, Journal Year: 2024, Volume and Issue: 364, P. 123120 - 123120

Published: April 6, 2024

Following the rising importance of energy transition in environmental sustainability discussion, it is imperative to understand roles sustainable innovations and financialization reach informed inferences for policy formulation. We examined quality performance Sub-Sahara Africa using case resource-rich Ghanaian state vis-à-vis possible moderating influence green financial development. The empirical analysis encompassed various estimation issues, including structural breaks, heteroscedasticity, normality data structure. simulated with dynamic autoregressive-distributed lag technique confirmed that financialization, resource rents, economic growth are significant positive determinants pollutant emissions. However, decrease rate pollution nation. Moreover, interaction between development improves ecological quality, while natural resources spurs ecosystem. Furthermore, causal connections series indicated unidirectional causalities from innovations, interactive terms rents bi-directionally related pollution. Hence, study essentially suggests net-zero emission agenda Paris Accord achievable higher investments harnessing benefits international flows boost capacity Sub-Saharan Ghanian economy.

Language: Английский

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Quantifying Environmental Degradation through Renewable Energy, Financial Development and Economic Sustainability: Insights from Panel Quantile Regression Analysis

Global Business Review, Journal Year: 2024, Volume and Issue: unknown

Published: May 8, 2024

The degradation of the environment is a global concern that needs serious attention, including environmental Kuznets curve (EKC) hypothesis. This article examines effects renewable energy, financial development and economic sustainability on quality newly industrialized countries (NICs) from 1998 to 2021 in light increasing severity problems associated with industrialization. study utilized different panel cointegration estimation techniques quantile regression (PQR) estimates obtain robust findings by examining variance each quantile. results tests confirm long-run relationship among variables. Nevertheless, outcomes PQR unveiled energy negatively significantly influences CO 2 emissions NICs, namely lower middle quantiles (20th–50th). Financial showed heterogeneity all quantiles. It an increase 70th 90th NICs. EKC hypothesis relevant these as this presents index, which postulates when NICs achieve sustainability, they give greater importance preservation sustainability. shift characterized reduced throughout quantiles, ranging 10th 90th. Economic corresponds falling part U-shaped EKC, wherein gets priority, resulting emissions. Analogous have been confirmed comparing heterogeneous estimators; nonetheless, there was significant variation intensity their parameters. Moreover, robustness analysis through slope equality symmetric proved legitimate results. study’s offer policymakers valuable policy recommendations. JEL Codes: C1, F36, F43, O44, Q56

Language: Английский

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Financial inclusion and environmental pollution in sub-Saharan Africa: moderating effects of economic growth and renewable energy

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(43), P. 55346 - 55360

Published: Sept. 4, 2024

Language: Английский

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On China’s Sustainable Future: How do Eco-Technological Innovations and Financial Development Moderate the Tourism-Environmental Pollution Nexus?

Journal of Cleaner Production, Journal Year: 2025, Volume and Issue: unknown, P. 144987 - 144987

Published: Feb. 1, 2025

Language: Английский

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Examining short-run and long-run nexus between economic growth, financial development, energy consumption and environmental degradation: empirical evidence for the Environmental Kuznets Curve Hypothesis in Egypt

Asia-Pacific Journal of Regional Science, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 17, 2025

Language: Английский

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Does circular economy mitigate environmental emissions among European Union (EU) countries?

Mitigation and Adaptation Strategies for Global Change, Journal Year: 2025, Volume and Issue: 30(3)

Published: March 1, 2025

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Green Finance or Carbon Trap? The Role of Financial Development in Ghana’s CO₂ Emissions

Research Square (Research Square), Journal Year: 2025, Volume and Issue: unknown

Published: April 15, 2025

Purpose – This study examines the symmetric and asymmetric effects of financial development on CO₂ emissions in Ghana, incorporating roles natural resource rents economic sustainability. Design/Methodology/Approach – Using annual data from 1990 to 2020, employs linear nonlinear autoregressive distributed lag (ARDL NARDL) models assess long- short-term relationships. Principal Component Analysis (PCA) is applied construct an sustainability index. Findings The results confirm a long-run relationship between emissions. Financial contribute increased emissions, whereas reduces NARDL model reveals effects: positive shocks significantly increase while negative have neutral impact. Short-term suggest that also drives growth. Research Implications findings underscore need for policies promote aligned with environmental Policymakers should incentivize green financing, strengthen regulations extraction, integrate into mitigate Originality/Value among first explore impact considering By highlighting effects, research provides new insights policymakers scholars examining consequences sector expansion.

Language: Английский

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Addressing Land Use Policy Gaps in The Gambia: The RECC-LUM Project on Sustainable Land Management

Published: Jan. 1, 2025

Language: Английский

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Exploring the impact of financial development on renewable energy consumption within the renewable energy-environmental Kuznets curve framework in Sub-Saharan Africa

International Journal of Renewable Energy Development, Journal Year: 2024, Volume and Issue: 13(5), P. 884 - 897

Published: July 30, 2024

Renewable energy usage is deemed a feasible panacea to environmental degradation and poverty. In pursuit of carbon neutrality, nations are obligated formulate strategies that bolster renewable initiatives following the Sustainable Development Goals United Nations. Given this, this article scrutinises impact financial development on advancement consumption within energy- Kuznets curve (REKC) framework while controlling for foreign direct investment (FDI), trade openness, governance urbanisation using panel 38 Sub-Saharan African (SSA) from 2002-2019. The empirical findings based corrected standard error (PCSE) Feasible Generalized Least Squares (FGLS) models validated REKC hypothesis in SSA region. Financial development, economic growth, governance, have substantial detrimental consumption, whereas FDI has neutral effect. Dumitrescu-Hurlin causality tests demonstrate bidirectional (feedback) between all its determinants except where unidirectional openness was established. these insights, our paper adds literature provides incisive suggestions policy formulation.

Language: Английский

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