Sustainability in High-Income Countries: Urbanization, Renewables, and Ecological Footprints

Energies, Journal Year: 2025, Volume and Issue: 18(7), P. 1599 - 1599

Published: March 23, 2025

Environmental sustainability remains a critical challenge in the face of global economic development. This study explored complex interactions among renewable energy consumption, urbanization, trade openness, and development, focusing on their effects environmental quality 34 high-income European Asian economies from 1970 to 2022. Using linear Bayesian regression Vector Error Correction Model (VECM), analysis examined short- long-term impacts uncover nuanced relationships. Results demonstrated that development contributed degradation over long term while mitigating it short term. Renewable consumption supported growth but showed limited efficacy reducing ecological footprints across different time frames. Urbanization openness emerged as significant drivers degradation, emphasizing need for targeted policy interventions. link progress sustainability, identified key areas improvement urban planning, energy, policies. The findings provide framework policymakers balance with preservation.

Language: Английский

Sustainable energy revolution: green finance as the key to the Arab Gulf States’ future

International Journal of Energy Sector Management, Journal Year: 2025, Volume and Issue: unknown

Published: April 22, 2025

Purpose This study aims to examine green finance’s role in expanding renewable energy and diversifying Gulf economies, focusing on regulations, private sector participation innovative tools like sukuk blockchain. Design/methodology/approach Mixed-methods analysis employs Dynamic Panel Data (DPD) Difference-in-Differences (DiD) estimates assess the effectiveness of finance terms scalability, investors’ confidence transformation six Cooperation Council (GCC) economies. Qualitative information about trends investments policies comes through stakeholder interviews. Findings Established governance uniform laws build investors stimulate development. Saudi Arabia UAE use effectively bonds sukuk, Kuwait Oman face investment disincentives fragmentation regulations. Transparency efficiency are boosted blockchain technology. Public–private partnerships (PPPs) risk-sharing, lessons drawn sub-Saharan Africa Southeast Asia, pay dividends maximizing finance. Practical implications The findings suggest that aligning regional with global sustainability standards fostering greater engagement crucial optimizing impact region’s long-term economic environmental goals. Originality/value Integrating best practice globally, Islamic blockchain, this paper proposes a region-sensitive model for region. It offers comparative financial models sees new technology delivering transparency transition low-carbon economy.

Language: Английский