In the era of globalization, can renewable energy and eco-innovation be viable for environmental sustainability in BRICS economies? DOI
Opeoluwa Seun Ojekemi, Mehmet Ağa

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(36), P. 85249 - 85262

Published: June 29, 2023

Language: Английский

Environmental Sustainability within Attaining Sustainable Development Goals: The Role of Digitalization and the Transport Sector DOI Open Access
Aleksy Кwilinski, Oleksii Lyulyov, Tetyana Pimonenko

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(14), P. 11282 - 11282

Published: July 20, 2023

Accepting sustainable development goals leads to the reorientation of all sectors at levels. The European Union (EU) actively accepts a vast range policies achieve environmental sustainability due declining carbon dioxide emissions. Within Green Deal Policy, and in particular Fit for 55 packages, EU declared ambitious reduce emissions by least 55% from transport industry 2030 100% 2035. These require introducing appropriate digital technologies into ecologically friendly functioning sector attain development. This paper aims analyzing impact digitalization on providing an effective that functions with minimum degradation. object research is countries period 2006–2020. study applies panel-corrected standard errors technique paper’s aims. findings allow us conclude conducive sustainability. Thus, inclusion, input IT GDP, e-commerce have direct negative statistically significant linear effects Growth enterprises web sales one point decreasing CO2 0.136, 2.289, 0.266, respectively. However, key enablers public services citizens nonlinear, could be basis upgrading incentive reducing

Language: Английский

Citations

69

Can green resource productivity, renewable energy, and economic globalization drive the pursuit of carbon neutrality in the top energy transition economies? DOI
Abraham Ayobamiji Awosusi, Hüseyin Özdeşer, Mehdi Seraj

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 30(7), P. 745 - 759

Published: April 2, 2023

ABSTRACTThis research explores the role of green resource productivity, renewable energy, economic globalization, and growth towards advancing pursuits decarbonization in top energy transition economies. This study achieves this objective by adopting both asymmetric symmetric econometric methods for period between 1990 2021. adopted Method Moments Quantile Regression (MMQR) to uncover effect regressors on carbon emissions. The MMQR results suggest that all quantiles, globalization mitigate CO2 emissions, while induces Additionally, robustness analysis, we disaggregated into trade financial investigated their roles achieving decarbonization. We uncovered mitigates emissions at but lower middle Moreover, estimation, following estimators: Fixed Ordinary Least Square, Fully Modified Dynamic Square estimators were employed study. Their outcome corroborated findings MMQR. For Granger causality inference, suggests there is a bi-directional Furthermore, find feedback association one-way causal interconnection detected from globalization. flowing Finally, an unidirectional interaction Consequently, research's provide applicable policy.KEYWORDS: Energy transitionDecarbonizationeconomic yresources productivitygreen resources productivityfinancial globalizationRenewable Disclosure statementNo potential conflict interest was reported authors.Availability dataData readily available request corresponding author.Authors ContributionAll authors contributed equally final manuscript.Ethical ApprovalAll ethical practices standards have been observed during writing study.Additional informationFundingThere no specific support provided

Language: Английский

Citations

68

Testing the asymmetric effect of financial stability towards carbon neutrality target: The case of Iceland and global comparison DOI
Chi‐Wei Su, Muhammad Umar, Derviş Kırıkkaleli

et al.

Gondwana Research, Journal Year: 2023, Volume and Issue: 116, P. 125 - 135

Published: Jan. 4, 2023

Language: Английский

Citations

67

Environmental benefits of nonrenewable energy efficiency and renewable energy intensity in the USA and EU: Examining the role of clean technologies DOI Creative Commons
Oktay Özkan, Andrew Adewale Alola, Tomiwa Sunday Adebayo

et al.

Sustainable Energy Technologies and Assessments, Journal Year: 2023, Volume and Issue: 58, P. 103315 - 103315

Published: June 19, 2023

Given that the United States of America and European Union are among world's top greenhouse gas emitting economies, it poses yet to be answered questions on whether efficient utilization nonrenewable energy sources or renewable intensification in these economies account for any environmental benefit. To answer inherent questions, this study examines compares performances response efficiency, intensity, environmental-related technologies while controlling natural resource rent urban population over period 1990–2019. By implementing advantage Kernel-Based Regularized Least Squares alongside robustness measures, findings posit significantly mitigates (GHG) emission economies. Importantly, three metrics show louder impact EU, efficiency plays a environmentally desirable role than other two metrics. Conversely, resources urbanization hampers sustainability by increasing GHG Unfortunately, terribly more damaging arising from increased is noticeable EU. These afford concrete policy measures further devised USA entire globe given foresight net zero target.

Language: Английский

Citations

60

Formulating sustainable development policy for a developed nation: exploring the role of renewable energy, natural gas efficiency and oil efficiency towards decarbonization DOI
Muhammad Khalid Anser, Khatib Ahmad Khan, Muhammad Umar

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 31(3), P. 247 - 263

Published: Oct. 25, 2023

Limiting CO2 emissions is crucial for sustainable development, environmental protection, and climate change mitigation, ensuring a more resilient cleaner future. Prioritizing urbanization renewable energy, energy efficiency vital achieving this prosperous As result, we adopt the Fourier testing approach stationary, cointegration, estimator, causality, to scrutinize role of efficiency, on in Finland over period between 1990 2020, controlling economic growth trade openness. The empirical analysis ARDL estimator establishes that measures such as gas oil exhibit an adverse effect emissions, so mitigates emissions. Similarly, study also found reduce Conversely, openness induce Additionally, Fourier-Toda-Yamamoto method provides robust evidence regarding long-term implications examined factors. Based emphasizes implementing regulatory framework enhance promote adoption, support urban development will be essential strategy global effort attain net-zero target, which offers valuable insights other countries seeking transition towards sources.

Language: Английский

Citations

52

Technology transfer for green investments: exploring how technology transfer through foreign direct investments can contribute to sustainable practices and reduced environmental impact in OIC economies DOI

Meijing Song,

Alvena Anees,

Saif Ur Rahman

et al.

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(6), P. 8812 - 8827

Published: Jan. 5, 2024

Language: Английский

Citations

32

Unveiling energy efficiency and renewable electricity’s role in achieving sustainable development goals 7 and 13 policies DOI
Yuan Yan, Khatib Ahmad Khan, Tomiwa Sunday Adebayo

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2024, Volume and Issue: 31(5), P. 497 - 522

Published: Jan. 2, 2024

Germany has not yet made significant progress toward achieving SDGs 7 and 13. This challenge can be attributed to the underlying financialization problem in Germany, as well implementation issues related energy efficiency, particularly coal gas, renewable consumption. Given these circumstances, is facing challenges reducing greenhouse gas emissions. Addressing this issue may necessitate a policy realignment, which primary focus of study. In context, our study employs various wavelet-based tools, including wavelet coherence, multivariate causality, delve into co-movements, direction causality between load capacity factor (LF) key factors such efficiency (gas coal), technological innovation, electricity, financial development, focusing on during period from 1990Q1 2020Q4. The results corroborated by cohesion, indicate that short medium term, improvements are associated with an increase LF, thereby contributing ecological quality. Furthermore, coherence underscore impact considering or effect third variable interrelationship LF its determinants, being more pronounced when taken account. Although framework primarily targets objectives SDG 13 7, applicability extends other EU nations. significance proposal SDG-focused framework.

Language: Английский

Citations

19

Transition towards sustainable energy: The role of economic complexity, financial liberalization and natural resources management in China DOI
Xiaoyi Wang, Guanqun Chen, Sahar Afshan

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 83, P. 103631 - 103631

Published: May 9, 2023

Language: Английский

Citations

41

Enhancing environmental quality in Portugal: can CO2 intensity of GDP and renewable energy consumption be the solution? DOI
Derviş Kırıkkaleli, Abraham Ayobamiji Awosusi, Tomiwa Sunday Adebayo

et al.

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(18), P. 53796 - 53806

Published: March 3, 2023

Language: Английский

Citations

37

Determinants of Load capacity factor in BRICS countries: A panel data analysis DOI Open Access

Min-jing Yang,

Cosimo Magazzino, Abraham Ayobamiji Awosusi

et al.

Natural Resources Forum, Journal Year: 2023, Volume and Issue: 48(2), P. 525 - 548

Published: Sept. 3, 2023

Abstract Several developing markets, such as Brazil, Russia, India, China, and South Africa (BRICS), are facing challenges in attaining the targets set with regard to Sustainable Development Goals (SDGs). While previous studies have extensively examined Environmental Kuznets Curve BRICS nations, focusing on other proxy of environmental degradation like CO 2 emissions ecological footprint, little attention has been given Load Capacity (LCC) hypothesis specifically relation emerging economies. Consequently, there exists a gap literature regarding validation LCC for these To bridge this gap, our research intends assess validity context countries. Specifically, we investigate impact biomass energy social globalization load capacity factor (a quality) countries from 1990 2018, while considering roles economic growth natural resources. Additionally, explore development an SDG framework tailored which can serve blueprint analyze data, employ Method Moments‐Quantile‐Regression (MMQR) approach along long‐run estimators. The findings MMQR analysis reveal that resources, globalization, gross domestic product adverse effects quality, exhibits positive influence quality. Furthermore, validates We also observe evidence causality between its determinants. Based investigation, recommend transition policies hydrocarbon sustainable options by implementing innovative approaches technology enhance conversion efficiency. Implementing policy changes will not only quality but align targets.

Language: Английский

Citations

37