Green Growth and Carbon Neutrality Targets in BRICS: Do ICT-Trade and Bank Credit Matter?

Li, Bo; Xu, Yunbao; Dai, Chengbo; Chao, Tan; Guangde, Zhao; Yameen, Tahira

doi:10.21203/rs.3.rs-1412326/v1

Cited by 4 publications

(1 citation statement)

References 11 publications

(13 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Furthermore, Antal and Van Den Bergh [49] find that to achieve both environmental and economic goals, it is necessary to minimize climate change effects and environmental risks in long-term sustainability. In this respect, our results are in line with the findings of several studies (see, for instance, [90][91][92]). In contrast, He et al [93] conclude that environmental performance has an adverse effect on green growth in developing economies.…”

Section: Discussionsupporting

confidence: 93%

Unraveling the Green Growth Matrix: Exploring the Impact of Green Technology, Climate Change Adaptation, and Macroeconomic Factors on Sustainable Development

Ağan

Balcılar

2023

Sustainability

View full text Add to dashboard Cite

The primary objective of this paper is to investigate the extent to which climate change adaptation and green technology diffusion serve as key drivers for green growth. Additionally, the study examines the influence of various economic, environmental, and social factors on green growth. Utilizing an annual panel dataset comprising 38 OECD member countries from 1990 to 2020, a series of dynamic panel data models are estimated using the system generalized method of moments (GMM) approach. The empirical results provide novel and robust evidence that the diffusion of green technology and climate change adaptation exert a significant positive influence on green growth. Furthermore, the findings highlight the significant role played by macroeconomic, institutional, social, and government policy-related factors in promoting green growth. These insights have substantial policy implications for the development and implementation of strategies that encourage climate change adaptation and green innovation. As a result, policymakers should prioritize the integration of green technology and climate change adaptation measures in their sustainable development agendas to foster a greener, more resilient future.

show abstract

Section: Discussionsupporting

confidence: 93%

Unraveling the Green Growth Matrix: Exploring the Impact of Green Technology, Climate Change Adaptation, and Macroeconomic Factors on Sustainable Development

Ağan

Balcılar

2023

Sustainability

View full text Add to dashboard Cite

show abstract

Navigating sustainable horizons: exploring the dynamics of financial stability, green growth, renewable energy, technological innovation, financial inclusion, and soft infrastructure in shaping sustainable development

Nauman,

Naheed,

Khan

2024

Environ Sci Pollut Res

View full text Add to dashboard Cite

Sustainable development has gained signi cant attention recently as societies face mounting environmental, social, and economic challenges. This paper undertakes a comprehensive examination of sustainable development, aiming to understand its multifaceted dimensions and propose a roadmap for its achievement. The study begins by providing a theoretical foundation for sustainable development, exploring its origins, principles, and frameworks. It investigates the interconnectedness of environmental conservation, social equity, and economic prosperity, emphasizing the need for an integrated approach to address complex issues. The study follows a research model, dependent variable (greenhouse gas emissions). However, the independent variables include nancial risk, green growth, technology innovation, renewable energy, nancial inclusion, and soft infrastructure. The methodology followed for this study is a quantitative approach with secondary data ranging from 2004 to 2019. The data is collected from the World Development Indicators and the Organization for Economic Cooperation and Development database. For the green growth, the index is made with the entropy-weighted method to represent the variable indicators better. The diagnostic tests were used to solve the issue of the panel data set, which includes correlation, VIF, cross-sectional dependency, stationarity tests, and cointegration. The diagnostic test results suggested that the appropriate method to follow for this panel is a Fully Modi ed ordinary least square. The results suggest greenhouse gases, nancial inclusion, and soft infrastructure have signi cant positive and green growth; renewable energy and technology innovation have a signi cant negative relationship with nancial risk; long run variance is 55%. The results suggest that the government to give incentives to the institutions in the eld of alternative energy to institutions should shift toward renewable energy and contribute to improving environmental quality. Government can develop policies and regulate the fund toward sustainable development, which can be helpful in environmental sustainability. The results suggest that the government to give incentives to the institutions in the eld of alternative energy to institutions should shift toward renewable energy and contribute to improving environmental quality. Government can develop policies and regulate the fund toward sustainable development, which can be helpful in environmental sustainability. INTRODUCTIONGlobal climate change is human beings' most signi cant problem in the twentieth century. United Nations framework on environmental degradation describes the "climate system" as "the entirety of the atmosphere, hydrosphere, biosphere, and geosphere and their interactions." Numerous studies identi ed the effect of E.D. are an increase in the sea level, the rise of temperature, Extreme weather, low level of agriculture, production, and environmental degradation, which are severe threats to human health as well as social stability and suitability (

show abstract

Is trade relevant to the macro drivers of carbon dioxide emissions? A study of high‐ and low‐trade openness economies

Suleman,

Thas Thaker,

Cheong Wing Hoh

2024

Natural Resources Forum

View full text Add to dashboard Cite

The objective of this research is to systematically compare the impact of macro determinants on CO2 emissions, using the theoretical frameworks of trade, the Environmental Kuznets Curve, and the Pollution Haven Hypothesis. The study specifically focuses on high‐ and low‐trade‐openness economies from 1995 to 2020. Methodologies employed include stepwise regression, fully modified least squares, pooled ordinary least squares, and fixed effects models. Long‐run dynamics were assessed using Granger causality tests and Pedroni and Johansen cointegration tests. The results indicate both long‐term and short‐term relationships between CO2 emissions and the following variables: (i) gross capital formation (GCF), (ii) per capita income (PCI), (iii) population (POP), and (iv) trade openness. Trade openness has a positive and significant effect on CO2 emissions in highly trade openness economies, whereas it has a negative effect in low trade‐open economies. Highly open economies are more significantly impacted by GCF and POP on CO2 emissions compared with low‐ trade openness economies. Additionally, PCI positively and significantly influences CO2 emissions in low‐ trade openness countries, and this effect is greater than in high‐ trade openness economies. The study also identifies a bidirectional causal relationship between PCI, GCF, and CO2 emissions in both groups of economies, as well as a unidirectional relationship between trade openness, POP, and CO2 emissions in both high‐ and low‐ trade openness countries.

show abstract

Green Growth and Carbon Neutrality Targets in BRICS: Do ICT-Trade and Bank Credit Matter?

Cited by 4 publications

References 11 publications

Unraveling the Green Growth Matrix: Exploring the Impact of Green Technology, Climate Change Adaptation, and Macroeconomic Factors on Sustainable Development

Unraveling the Green Growth Matrix: Exploring the Impact of Green Technology, Climate Change Adaptation, and Macroeconomic Factors on Sustainable Development

Navigating sustainable horizons: exploring the dynamics of financial stability, green growth, renewable energy, technological innovation, financial inclusion, and soft infrastructure in shaping sustainable development

Is trade relevant to the macro drivers of carbon dioxide emissions? A study of high‐ and low‐trade openness economies

Contact Info

Product

Resources

About