Exploring the Influence of Economic Uncertainty, Financial Inclusion and Development on Green Investments in BRICS Economies Towards Achieving Sustainable Development Goals
Global Business Review,
Journal Year:
2025,
Volume and Issue:
unknown
Published: March 13, 2025
The
financial
system
plays
a
crucial
role
in
supporting
an
economy’s
ability
to
address
environmental
concerns
and
enhance
its
withstand
ecological
risks,
considering
requirements.
To
this
end,
the
present
study
attempts
explore
impact
of
development,
inclusion
economic
uncertainty
on
green
investments
BRICS
economies
towards
achieving
sustainable
development
goals
(SDGs),
particularly
SDG7
SDG13.
employs
robust
set
econometric
tools
achieve
aforementioned
objectives.
These
include
cross-sectional
dependency
test
estimate
dependency,
Westerlund
cointegration
check
heterogeneity,
cross-sectionally
augmented
panel
unit
root
(CIPS)
cross-section
Dickey–Fuller
(CADF)
second-generation
confirm
stationarity
properties,
mean
group
(AMG)
common
correlated
effects
(CCEMG)
determine
long-run
relationship,
Dumitrescu
Hurlin
causality.
confirms
presence
among
variables.
reveals
that
growth
have
positive
increasing
investments;
contrast,
policy
(EPU)
reduces
investment
economies.
causality
reports
bi-directional
between
investments,
growth,
whereas
unidirectional
exists
EPU.
offers
useful
findings.
Language: Английский
Quantile lens on carbon footprints: Renewable energy, tourism, financial development, and the pursuit of Sustainable Development Goals 2030
European Journal of Tourism Research,
Journal Year:
2024,
Volume and Issue:
38, P. 3812 - 3812
Published: Aug. 1, 2024
The
pursuit
of
sustainable
development
goals
(SDGs)
by
2030
has
become
a
global
imperative,
necessitating
comprehensive
examination
factors
influencing
carbon
footprints
across
various
sectors.
In
light
varying
levels
sensitivity
among
the
top
five
tourist
countries—France,
Spain,
United
States,
Turkey,
and
Italy—to
renewable
energy,
tourism,
financial
development,
(SDGs),
this
study
addresses
challenge
effectively
harnessing
these
to
achieve
emissions
reduction
objectives.
By
taking
data
from
1997
2021,
novel
panel
quantile
regression
analysis
is
performed
ascertain
long-run
impacts
in
lower,
middle,
upper
quantiles.
It
finds
that
energy
investments
eco-friendly
tourism
practices,
supported
initiatives,
can
substantially
reduce
dioxide
destinations.
These
measures
are
essential
for
maintaining
concerns
economy
environmental
preservation.
Renewable
unequivocally
lead
decreased
middle
higher
Tourism
leads
an
escalation
approximately
all
quantiles,
i.e.,
0.10
0.90.
findings
underscore
it
crucial
implement
specific
encourage
use
environmentally
friendly
practices
initiatives.
will
not
only
destinations,
but
also
make
progress
towards
achieving
2030.
Language: Английский
Sustainability at the crossroads: what roles do renewable energy and financial development play in environmental degradation through the EKC framework?
Environment Development and Sustainability,
Journal Year:
2025,
Volume and Issue:
unknown
Published: May 7, 2025
Language: Английский
Climate risk and resilience: evaluating their impact on sustainable development in South Asia
Theoretical and Applied Climatology,
Journal Year:
2025,
Volume and Issue:
156(6)
Published: May 17, 2025
Language: Английский
Unravelling triad: examining the role of natural resources abundance, technological innovation, and human capital on financial development in emerging economies
Macroeconomics and Finance in Emerging Market Economies,
Journal Year:
2024,
Volume and Issue:
unknown, P. 1 - 22
Published: June 5, 2024
Financialization
in
developing
and
developed
markets
dominates
progression
resource
policy,
which
is
investigated
the
framework
of
emerging
economies.
This
study
examines
resource-curse
hypothesis
by
recruiting
natural
abundance,
innovation,
human
capital
from
32
economies
2007
to
2021.
However,
a
dynamic
panel-data
estimation,
two-step
system-generalized
method-of-moment
(SGMM)
approach,
used,
whose
robustness
also
evaluated
via
various
tests.
Findings
indicate
that
resources
are
blessings,
technological
all
lead
financial
development
The
empirical
findings
robust
policy
recommendations.
Language: Английский
Quantifying carbon emissions through financial development in Ghana: empirical evidence from novel dynamic ARDL and KRLS techniques
Cogent Economics & Finance,
Journal Year:
2024,
Volume and Issue:
12(1)
Published: Nov. 4, 2024
The
critical
issue
of
environmental
degradation
emphasises
the
urgent
need
for
coordinated
actions
to
safeguard
and
restore
planet's
fragile
ecological
balance.
This
study
examines
relationship
between
financial
development
carbon
emissions
in
Ghana
from
1990
2020,
focusing
on
roles
natural
resource
rents
economic
sustainability.
Utilizing
time-series
data
World
Bank
applying
a
dynamic
autoregressive
distributed
lag
(ARDL)
model
kernel-based
regularized
least
squares
(KRLS)
machine
learning
technique,
findings
indicate
that
significantly
increases
both
short-
long-term.
At
same
time,
have
negligible
impact
short
term
but
contribute
increased
long
run.
Conversely,
sustainability
consistently
reduces
long-run.
Our
highlight
policymakers
prioritize
green
financing
initiatives,
promote
products
support
renewable
energy,
implement
stricter
regulations
exploitation.
Additionally,
incentives
institutions
invest
environmentally-sustainable
projects
are
vital
achieving
Ghana's
neutrality
goals.
Language: Английский