Impact of urbanization, industrialization, electrification and renewable energy on the environment in BRICS: fresh evidence from novel CS-ARDL model

Heliyon, Год журнала: 2022, Номер 8(11), С. e11457 - e11457

Опубликована: Ноя. 1, 2022

Increased demand for water, energy, infrastructure, and other natural resources has resulted from an increase in anthropocentric activities recently, which led to climate change, land erosion, pollution growth, a decline biodiversity. During the period 1972–2021, aim of this study is how industrialization, urbanization, renewable energy affect environment five industrialized economies—Brazil, Russia, India, China, South Africa (BRICS)—implemented. Concerning slope heterogeneity, cross-sectional dependence (CSD), mixture I (0) (1) variables, paper used fresh panel technique known as cross-sectionally augmented autoregressive distributive lag (CS-ARDL). When it comes protecting land, forest while also lowering carbon emissions, estimate electrification, industrialization favorably substantial. The findings show that rising income, electrification can stimulate environmental degradation. On hand, economies may significantly lessen degradation BRICS region. In region urbanization booming, all countries are expanding industrial zones, consumption electricity skyrocketing. So, research very important context. applied mean group (AMG) get impact variables on countries. Because their different economic sizes, public policy, population immigration, trade magnitude impacts signs different. There some evidence suggest renewables be panacea security deterioration; consequently, boosting alternative sources, green environmentally-friendly should part governments' plans worldwide. Hence, these countries' decision-makers re-review population, policies adopt sustainable environment.

Язык: Английский

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Achieving Carbon-Neutrality in MENA Countries: Does Financial Inclusion Matter?

The Journal of Environment & Development, Год журнала: 2024, Номер 33(2), С. 312 - 336

Опубликована: Янв. 7, 2024

This study examines the relationship between financial inclusion, renewable energy, and CO 2 emissions using data from 11 Middle East North Africa (MENA) countries 2004 to 2019. Evidence fixed effects-ordinary least squares (FE-OLS), dynamic ordinary (DOLS), fully modified (FMOLS), canonical correlation regression (CRR) showed that inclusion contributes significantly decarbonization. Country-specific analysis indicated is associated with mitigating in Egypt, Israel, Qatar, Tunisia while spurring Algeria, Lebanon, Saudi Arabia. In addition, energy decarbonization MENA, especially Tunisia, Turkey. We recommend policies promoting usage would contribute attainment of carbon-neutrality goal by MENA countries.

Язык: Английский

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The effects of natural resources, education, and financial inclusion in achieving environmental sustainability in resources-abundance nations

Discover Sustainability, Год журнала: 2025, Номер 6(1)

Опубликована: Фев. 25, 2025

Язык: Английский

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An empirical investigation of the impact of energy consumption, globalization and natural resources on ecological footprint and economic growth, evidence from China, Japan, South Korea and China Taiwan

Energy & Environment, Год журнала: 2024, Номер unknown

Опубликована: Май 21, 2024

Natural resources are regarded as important indicators that make great contributions to reducing environmental pollution and promoting growth in today's era of globalization. Thus, a more rigorous assessment the complexity determining ecological footprint is critical. This study examines dynamic linkages between globalization, natural resources, renewable non-renewable energy use, Taiwan, Japan, China, South Korea from 1975 2020. In terms certainty cross-sectional dependence panel variable data, this uses second-generation unit root, cointegration, long-term elasticity, two-way causality estimation tests obtain reliable valid results. The findings explore fact degradation substantially mitigated by using sources, while other underlying factors, such resource rent (NRR), economic growth, exacerbate pollution. addition, use energy, NRRs globalization drive progress. Globalization have bilateral causal association. research analysis supports feedback hypothesis based on bidirectional relationship footprint. Based empirical current study, various policy endorsements proposed scare control damage without hampering specific East Asian economies.

Язык: Английский

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Natural resources extraction and financial inclusion: Linear and non-linear effect of natural resources on financial sector

Resources Policy, Год журнала: 2023, Номер 85, С. 103826 - 103826

Опубликована: Июнь 27, 2023

Язык: Английский

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Financial inclusion, economic growth, and environmental quality in the MENA region: What role does institution quality play?

Natural Resources Forum, Год журнала: 2024, Номер unknown

Опубликована: Янв. 20, 2024

Abstract This paper aims to check whether growth and the environment benefit from a more inclusive financial system. It also checks moderating role of institutional quality (IQ) in growth‐environment relationship. uses sample 12 Middle East North Africa (MENA) countries 2004 2021 performs seemingly unrelated regression (SUR) model. The findings indicate that inclusion (FI) significantly increases level CO 2 emissions. Hence, system deteriorates MENA region. However, FI does not exert any significant effect on growth. Furthermore, we found interaction between IQ improves environment. interactional is apparent when dependent variable rather than results this have substantial implications. Policymakers region should improve their mitigate negative effects spur preserve When aligned with environmentally conscious policies practices, it can promote economic development while contributing healthier planet equitable society.

Язык: Английский

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Financial inclusion and the global net-zero emissions agenda: Does governance quality matter?

Energy Economics, Год журнала: 2024, Номер 137, С. 107785 - 107785

Опубликована: Июль 24, 2024

Язык: Английский

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How does financial inclusion influence environmental sustainability in Saudi Arabia?

Energy Strategy Reviews, Год журнала: 2025, Номер 57, С. 101643 - 101643

Опубликована: Янв. 1, 2025

Язык: Английский

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Examining substitution and income effects of oil prices through the Environmental Kuznets Curve framework

Journal of Environmental Management, Год журнала: 2025, Номер 379, С. 124781 - 124781

Опубликована: Март 9, 2025

Язык: Английский

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Nexus Between Digital Economy and Environmental Sustainability in BRICS: Does Green Innovation Matter?

Business Strategy and the Environment, Год журнала: 2025, Номер unknown

Опубликована: Март 19, 2025

ABSTRACT The digital economy has emerged as a significant driver of development in many countries, yet its impact on environmental sustainability remains subject debate among experts. Unlike previous studies, this research examines the influence while investigating mediating role green innovation relationship. Using panel dataset from BRICS countries covering period 2004–2020, study explores by employing finance and infrastructure proxies. Advanced econometric techniques, including Cup‐FM, Cup‐ BC , AMG, CS‐ARDL methods, are applied to ensure robust data analysis. findings reveal that, long run, finance, infrastructure, exhibit negative relationship with degradation, thereby contributing positively economies. Furthermore, mediation analysis using Sobel, Aroian, Goodman tests confirms that effectively mediates sustainability. However, results also indicate economic growth population have positive highlighting their adverse effects Based these findings, it is crucial for implement policies programs foster tools promoting Policymakers should prioritize investment drive support eco‐friendly manufacturing. Additionally, addressing access disparities inclusive participation sustainable initiatives.

Язык: Английский

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