Achieving carbon neutrality in post COP26 in BRICS, MINT, and G7 economies: The role of financial development and governance indicators

Journal of Cleaner Production, Год журнала: 2023, Номер 387, С. 135853 - 135853

Опубликована: Янв. 3, 2023

Pledges and commitments from governments of wealthy nations were made at the COP26 Glasgow summit, thereby rejuvenating hope among to confront climate change challenge. Thus, study examines complementarity financial development carbon emissions, while accounting for conditional influence good governance under three disaggregated indicators – economic, institutional, political BRICS, MINT, G7 economies. First, reveals that depending on adopted indicator has mixed effects environmental pollution levels. Specifically, triggers highest effect via domestic credit private sector compared foreign direct investments, index reduces pollution. Secondly, economic promotes quality by reducing through regulation. Third, institutional weaker rule laws induces pollution, control corruption antagonizes Furthermore, only voice accountability supports pollution-mitigating governance. On a bloc-to-bloc comparative analysis, effectiveness in all blocs albeit different magnitudes exerts significant desirable impact countries. Lastly, renewable energy trade liberalization negative positive degradation respectively.

Язык: Английский

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The role of green finance and energy innovation in neutralizing environmental pollution: Empirical evidence from the MINT economies

Journal of Environmental Management, Год журнала: 2022, Номер 317, С. 115500 - 115500

Опубликована: Июнь 14, 2022

Язык: Английский

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Linking institutional quality to environmental sustainability

Sustainable Development, Год журнала: 2022, Номер 30(6), С. 1749 - 1765

Опубликована: Июнь 14, 2022

Abstract This study investigates the influence of democracy, autocracy, and globalization on carbon dioxide (CO 2 ) emissions in 69 developing countries from 1990 to 2018. We used unit root approaches scrutinize level stationarity recognize that all concern variables were unified at first difference. Pedroni Kao cointegration methodologies employed for detection long‐run cointegration, conclusions discovered presence relationships among variables. Furthermore, this applied a fully modified ordinary least square (FMOLS) approach estimate elasticity/coefficients. The outcomes showed democracy renewable energy significantly overcome pressure environment. However, financial development increase environmental damage. Besides, findings an interaction term between reduce pollution level, dampening effect autocracy does similar Inverted U‐shaped Kuznets curve (EKC) hypothesis was verified across world. Additionally, Feedback is CO emissions. growth revealed democracy. Finally, also suggests some valuable policy suggestions governments/policymakers general/specific regarding world endorsing their sustainability.

Язык: Английский

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Investigating the implications of technological innovations, financial inclusion, and renewable energy in diminishing ecological footprints levels in emerging economies

Geoscience Frontiers, Год журнала: 2023, Номер 14(6), С. 101667 - 101667

Опубликована: Июль 7, 2023

The correlation between technological innovation, economic growth, renewable energy, and ecological footprint carries significant policy implications for environmental sustainability. Furthermore, financial inclusion can drastically affect the technology-climate nexus across different countries its moderating impacts have received sufficient attention. To do this, this study examined how inclusion, energy affected emerging economies' from 1990 to 2019. Additionally, also scrutinizes role of with other regressors on footprint. account structural shifts, disguised cointegration, numerous breaks in panel regression, applies advanced estimation methods empirical analysis. estimated outcomes exhibit that influence technical climate technologies, significantly reduces levels. Besides, growth increase levels economies. integration innovative technology mitigates adverse effects by making it easier creative technologies reducing footprints. These results show countries' sources should be integrated enable long-term mitigation damages sustainable growth. Based these findings, research recommends economies hasten innovations along stronger development curtail concerns without hindering pace

Язык: Английский

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International trade diversification, green innovation, and consumption-based carbon emissions: The role of renewable energy for sustainable development in BRICST countries

Renewable Energy, Год журнала: 2022, Номер 198, С. 1243 - 1253

Опубликована: Авг. 20, 2022

Язык: Английский

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New insights from the STIPART model on how environmental-related technologies, natural resources and the use of the renewable energy influence load capacity factor

Gondwana Research, Год журнала: 2023, Номер 129, С. 398 - 411

Опубликована: Июнь 7, 2023

Язык: Английский

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Heterogeneous effects of renewable energy and structural change on environmental pollution in Africa: Do natural resources and environmental technologies reduce pressure on the environment?

Renewable Energy, Год журнала: 2022, Номер 200, С. 244 - 256

Опубликована: Окт. 3, 2022

Язык: Английский

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The Sustainable Environment in Uruguay: The Roles of Financial Development, Natural Resources, and Trade Globalization

Frontiers in Environmental Science, Год журнала: 2022, Номер 10

Опубликована: Апрель 25, 2022

As the world continues to be a globalized society, there have been variations in environmental quality, but studies including trade globalization into policy framework remain inconclusive. Therefore, employing time series dataset of Uruguay over period between 1980 and 2018, main objective this current study is investigate effect globalization, natural resources rents, economic growth, financial development on carbon emissions. By bounds testing procedures combination with critical approximation p -values Kripfganz Schneider (2018), Autoregressive Distributed Lag estimator, spectral causality test achieve goal research. The outcomes confirm long-run connection emissions these determinants. Moreover, from outcome we observed that liberalization found exert CO 2 long short run. expansion imposes significant pressure quality environment abundance significantly increases deterioration Furthermore, uncover does not impact Uruguay. Finally, detected forecast exclusion development. Based outcome, suggests policies should tailored towards international must reassessed, restrictions placed exportation polluting-intensive commodities reinforced.

Язык: Английский

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A review of the global climate change impacts, adaptation strategies, and mitigation options in the socio-economic and environmental sectors

Journal of Environmental Science and Economics, Год журнала: 2023, Номер 2(3), С. 36 - 58

Опубликована: Сен. 17, 2023

Climate change causes long-term weather changes from the tropics to polls. It is a global threat that strains several sectors. The present study conducts review analysis theoretically explores how climatic variability degrading sector sustainability. Due irreversible variations, agricultural particularly vulnerable. In turn, it disrupting worldwide consumption patterns, especially in countries where agriculture central their economy and productivity. shifting optimum temperature ranges, climate also increasing biodiversity loss through modifying ecosystem architecture. increases risk of food, water, vector-borne diseases. Antimicrobial resistance, which developing due resistant pathogenic infections, accelerated by change. hurts forestry tourism business. This examines socio-economic environmental mitigation adaptation strategies economic consequences. According findings, knotted answerability resources laws created past generate progressive policy need government involvement for development. Thus, addressing change's dire consequences demands cooperation maintain world survival.

Язык: Английский

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Energy transition and environmental quality prospects in leading emerging economies: The role of environmental‐related technological innovation

Sustainable Development, Год журнала: 2022, Номер 30(6), С. 1766 - 1778

Опубликована: Май 29, 2022

Abstract The world has witnessed a significant rise in greenhouse gas emissions since the end of 20th century as several economies begin to emerge into industrial hubs and manufacturing giants across globe. Thus, wake global interest clean energy development campaign for sustainable climate ecosystem, role emerging countries debate is unarguably vital demanding. Importantly, this study seeks examine commitment leading (E7) Brazil, China, India, Indonesia, Mexico, Russia, Turkey transition carbon‐neutral 2050. We employ cross‐sectionally augmented autoregressive distributed lag approach that accounts potential country‐specific factors environmental‐related technological innovations (ERT) achieving neutrality E7 over period from 1992 2018. Notably, findings revealed 1 percent increase ERT yields ~0.33% (short‐run) ~ 0.17% (long‐run) reductions carbon emission, thus suggesting could be heading toward environmental sustainability with application ERT. Additionally, result utilization profile significantly reduced undesirable impact primary utilization. However, showed such an not enough trigger environmentally desirable cleaner mitigate emissions. This because larger share countries' conventional and/or non‐renewable sources. Kuznets curve hypothesis also validated.

Язык: Английский

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