Environmental concern in the era of digital fiscal inclusion: The evolving role of human capital and ICT in China

Abstract

To achieve environmental sustainability, the role of human capital and financial inclusion has been debated in limited empirical studies. Employing a reliable ARDL model approach, this study examines the dynamic link between human capital and ICT, financial inclusion, and CO2 emissions using the China economy dataset over the period 1998–2020. The vivacious side of human capital shows that literacy rate and average year of schooling curb CO2 emissions in long run. The results of human capital are also based on facts in magnitude as well as in direction. Also, empirics unfold that digital financial inclusion significantly increases CO2 emissions. Based on these novel findings, a wide set of economic policies are repaired for environmental quality. Environmental education should be considered at early levels of education. The authorities and policymakers should fix energy-related issues through education. The China government should stimulate the educational sector to conduct a clean and green revolution that acts as a mechanism for a green and clean economy. This study's finding is more effective than the previous unlike empirical studies for policy-making because of the advanced econometric method.

The role of ICT investment, digital financial inclusion, and environmental tax in promoting sustainable energy development in the MENA region: Evidences with Dynamic Common Correlated Effects (DCE) and instrumental variable-adjusted DCE

“…This, in turn, encourages the adoption of sustainable practices and the use of renewable energy sources. The concept of digital financial inclusion is examined from the perspective of financial inclusion theory, which highlights the significance of giving consumers and companies cheap and efficient access to financial services [ 81 ]. Digital Financial Inclusion [DFI], enabled by digital technology, is anticipated to improve financial accessibility, particularly in the realm of sustainable energy initiatives [ 82 – 84 ].…”

The Role of Education and Green Innovation in Green Transition: Advancing the United Nations Agenda on Sustainable Development

“…Being educated, skillful, and informed about environmental safety can guide human capital to develop brilliant, eco-friendly, sustainable ideas. Various studies have used education expenditure [62], literacy rate [63], and average years of schooling as a proxy for education. The most suitable proxy in our case is "the number of students enrolled in colleges each year".…”