Does Renewable Energy Facilitsate the Achievement of COP‐28 Goals? Evidence From the World's Top Climate Laggard Economies

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: March 16, 2025

ABSTRACT The world's energy systems have been critical in the face of growing threat climate change. transition progress proved unsuccessful at COP27, while COP28 provided an opportunity to question whether need a revolution avoid disasters and attain carbon neutrality goals. In this regard, present study aims explore structural changes sector can help nations achieve neutrality. For purpose, we empirically analyze impact both non‐renewable renewable sources on CO 2 emissions intensity energy. Specifically, targeted top five climate‐laggard economies—that is, New Zealand, Australia, Philippines, Mexico, Indonesia—which are making efforts toward but lagging race due their high reliance fossil fuels total mix. We employed Cross‐Sectionally Augmented Auto‐Regressive Distributed Lag (CS‐ARDL) model data collected from 1990 2022 examine findings empirically. research showed that likely lead higher intensity. On other hand, negatively affects Thus, results obtained indicate adoption plays crucial role for countries intending goals set advance

Language: Английский

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Unveiling the drivers of environmental performance by investigating the Nexus of energy, economic complexity and institutional quality in G7 nations

Scientific Reports, Journal Year: 2025, Volume and Issue: 15(1)

Published: March 29, 2025

Human activities have significantly increased emissions due to the economic expansion of 21st century and prevalent production energy consumption patterns. Nevertheless, attaining a decrease in emission levels necessitates proactive stance towards ecological sustainability, encompassing inventive tactics deliberate adoption contemporary technologies. This study is motivated by urgent need address rising footprint unsustainable use activities, especially within G7 economies. The aims examine impact consumption, institutional quality, globalization, complexity, fossil fuel on footprint, emphasizing for sustainable practices using PMG-ARDL data 2000–2021. analysis indicates strong positive association between footprints utilization fuels, renewable sources. Conversely, complexity shows significant negative correlation with long-term footprints. findings suggest that economies should adopt innovative technologies prioritize optimize use, fostering sustainability reducing harm.

Language: Английский

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Green Technological Advances and Resource Rents as Levers for Carbon Reduction in BRICS: Implications for SDGs 7, 8, 9, 12, and 13

Sustainable Development, Journal Year: 2024, Volume and Issue: unknown

Published: Nov. 27, 2024

ABSTRACT In recent decades, rapid development in emerging economies has heightened climate challenges, threatening environmental sustainability and quality. response, green energy, technological innovation, carbon pricing strategies have emerged as key tools for mitigation promoting economic growth. These are integral to the goals of COP 27, 2030 SDGs, pledge reach neutrality by 2060. However, BRICS bloc faces significant obstacles balancing socio‐economic growth with sustainability. This study intentions inspect impact natural resource rents, research (R&D) expenditures, on emissions from 1995 2021. Using a cross‐sectional ARDL model, explores relationships between these variables, employing advanced panel methods account CSD heterogeneity. The empirical findings reveal that expenditure, innovation contribute CO 2 emission reductions 0.329%, 0.211%, 0.148%, respectively. contrast, 1% increase rents corresponds substantial 0.499% 0.840% upsurge emissions. Dumitrescu Hurlin causality test also highlights reciprocal causal among variables. Based findings, recommends policy actions achieve SDG targets: enforce stricter regulations SDG‐13, renewable energy investment SDG‐07, support SDG‐08, enhance R&D SDG‐09, promote circular economy practices SDG‐12.

Language: Английский

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The Role of Fiscal Decentralization in Limiting CO2 Emissions in South Africa

Biophysical Economics and Sustainability, Journal Year: 2023, Volume and Issue: 8(3)

Published: Aug. 29, 2023

Language: Английский

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Sand mining in BRICS economies: Tragedy of the commons or fortune in the making?

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 434, P. 140122 - 140122

Published: Dec. 12, 2023

Language: Английский

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