In terms of attaining the objectives of Sustainable Development Goals (SDGs), the Asian economies are considered as laggards, and one of the major problems faced by these economies is the issue of environmental degradation. For addressing this pertaining issue, a policy-level reorientation might be necessary. In this view, this study aims to explore the impact of urbanization, renewable energy consumption, financial development, agriculture, and economic growth on CO2 emissions in 15 Asian economies over 1990-2014. The empirical evidence demonstrates that urbanization, financial development, and economic growth increase CO2 emissions, renewable energy consumption reduces CO2 emissions, and the impact of agriculture is insignificant. Impulse response function and variance decomposition techniques are used to test the causality among the variables. Based on the study outcomes, a comprehensive SDGoriented policy framework has been recommended, so that these economies can make progression towards attaining the objectives of SDG 13 and SDG 7. This study contributed to the literature by recommending this SDG-oriented policy framework, which encapsulates economic growth and its drivers.
The group of seven (G-7) countries are seven of the most advanced global nations. Yet, these nations have not been able to achieve environmentally sustainable economic growth (EG) in the past. Consequently, despite growing economically, the environmental quality in the G-7 countries has persistently deteriorated. Hence, the present study examined the environmental impacts associated with EG, technological innovation, institutional quality (IQ), renewable energy consumption (RENE) and population using the carbon dioxide emission figures to measure environmental quality in the G-7 economies for the period 1996–2018. The econometric analyses involved the application of different estimation techniques that control the cross-sectional dependency and slope heterogeneity issues in the data. Overall, the results indicated that greater EG and higher population size increase environmental pollution by boosting the carbon dioxide emission levels. In contrast, technological innovation, IQ improvement, and greater RENE were found to impede the carbon dioxide emission levels. In line with these key findings, several environmental development-related policies are recommended.
Located in one of the famous natural and cultural tourist destinations of northern Malaysia, Penang Hill serves as an ideal destination for both local and international tourists. The objective of this study was to understand and explore key stakeholders perspectives to enhance management for the aim of
conservation, economic development, and recreation
in Penang Hill. Data was collected from three key stakeholders of Penang Hill using semi-structured in-depth interviews. Stakeholders showed robust interests in
environmental protection
,
cultural conservation, economic activities, awareness, and empowerment
. This paper concludes by stating that Penang Hill is under strong management, and stakeholders are continuously engaged in the destination. The management authority collaborates with the key stakeholders of Penang Hill and incorporates their interests and viewpoint to ensure the ecotourism process goes smoothly and Penang Hill becomes one of the top ecotourism destinations.
Environmental degradation poses a severe threat to life on earth. Similarly to other countries, emerging seven (E‐7) countries have been struggling to decrease their dependence on non‐renewable energy sources by adopting environment friendly technologies for reducing environmental deterioration and to achieve sustainable development goals (SDGs) of the United Nations. In present study, we reassessed the technological policies of E‐7 countries, and addressed the issues of affordable and clean energy, institutional quality (IQU), and sustained economic growth (EGR) to address the problem of environmental deterioration. For this purpose, we have investigated the role of renewable energy consumption (REC), technological innovations (TINs), IQU, and EGR on CO2 emissions (CE) by using the panel quantile regression (PQR) for the period from 1996 to 2020. The empirical outcomes of FGLS reveal that a 1% increase in REC, TIN, and IQU reduces the CE by 0.145%, 0.233%, and 0.249%, while a 1% rise in EGR and population (POPU) raises the CE by 0.993% and 1.546% respectively. Similarly, the results of PQR demonstrate that REC, TIN, and IQU reduce CE, whereas EGR and POPU increase environmental degradation. The impact of TIN on CE is high at lower quantiles and low at higher quantiles. The impact of IQU on CE is low at lower quantiles and high at higher quantiles Based on these findings, we have recommended a comprehensive SDG‐oriented policy framework, so that E‐7 countries can make progress towards achieving the objectives of SDG 16, SDG 13, SDG 7, SDG 8, and SDG 9.
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