Green technologies and environmental policies for sustainable development: Testing direct and indirect impacts

D’Amato, Alessio; Mazzanti, Massimiliano; Nicolli, Francesco

doi:10.1016/j.jclepro.2021.127060

Cited by 33 publications

(21 citation statements)

References 36 publications

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“…It has also been shown that various insurers’ introduction of green investment strategies has positively impacted green finance investment. According to D’Amato et al (2021) , a study of green finance in developing economies, renewable energy schemes are being monetarily supported by insurers committed to environmental security. The outcomes are also in line with ( Shah et al, 2022 )’s literary works, which attempt to intricate the role of green investment in finance in enabling the formation of renewable energy companies and enhancing their environmental performance.…”

Section: Resultsmentioning

confidence: 99%

Does Green Financing Develop a Cleaner Environment for Environmental Sustainability: Empirical Insights From Association of Southeast Asian Nations Economies

Irfan²

2022

Front. Psychol.

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One of the most frequently used terms in climate change discussions is environmental sustainability. With economic growth and foreign direct investment as moderator factors, this study investigates the influence of green finance and financial development on environmental sustainability and growth in ASEAN economies from 2012 to 2019. ADF and Phillip-Peron (PP) unit root tests, fully modified least square (FMOLS), were employed for long-run empirical estimates. A substantial body of evidence supports the study’s findings using VECM technology. Green financing was negatively associated with CO2 emissions. However, environmental sustainability in ASEAN is favorably associated with green financing. It is also worth noting that green financing promotes environmental sustainability at the expenditure of economic growth. Financial development, foreign direct investment, R&D investment, and green technology foster economic expansion at the price of environmental sustainability. There are still many fences to green finance that need to be addressed, including pricing CO2 emissions and reforming inefficient nonrenewable fossil fuel subsidies. Local governments play a vital role in eliminating these barriers and addressing disincentives. It is recommended that policymakers push the financial sector to adopt a green finance strategy to further the goals of long-term sustainable development. Industry must integrate multiple objectives, such as inclusive growth and environmental protection and productivity, through an even broader range of legislative frameworks ideal for decoupling growth from social and ecological unsustainability, at the heart of the green manufacturing process.

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Section: Resultsmentioning

confidence: 99%

Does Green Financing Develop a Cleaner Environment for Environmental Sustainability: Empirical Insights From Association of Southeast Asian Nations Economies

Irfan²

2022

Front. Psychol.

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“…In addition, the government's investment in environmental governance and enterprises' commitment to environmental responsibility have promoted regional GD [19]. In terms of technology, clean energy technology, green material technology, resource-recycling technology, and pollutant-treatment technology reflect the technological effect of green innovation [20][21][22][23]. Technological innovation is essential for promoting the green transformation of enterprises.…”

Section: Introductionmentioning

confidence: 99%

Regional Differences and Spatial Convergence of Green Development in China

Song

2022

Sustainability

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Green development is an important path to achieving economic, environmental, and social sustainability. Based on the comprehensive evaluation system of economy, environment, and society, this study used the entropy method, Theil index decomposition method, and spatial β-convergence model to study the differences and spatial convergence of China’s green development from 2010 to 2020. The research conclusions are as follows: First, China’s green development has an upward trend, and the eastern region is higher. Second, the regional differences in green development have the characteristic of rising first and then falling, and the differences within regions are the main source of imbalances in China’s green development. Third, China’s green development has obvious characteristics of spatial absolute β-convergence and spatial conditional β-convergence. Green innovation is conducive to narrowing the gaps in the convergence speed of regional green development. The research results comprehensively explain the characteristics of China’s green development and provide realistic evidence for China’s green development in the future.

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“…The ultimate goal of achieving economic prosperity without sidelining the environment requires green policies for sustainable production and consumption patterns (Söderholm, 2020). Government policies significantly contribute to sustainable technological innovations that address climatic challenges with economic challenges (D'Amato et al, 2021). Sustainable technological innovations face many challenges like high costs, lack of funds, skilled labor, etc.…”

Section: Green Economy Policies-green Technological Innovationmentioning

confidence: 99%

Interplay among institutional actors for sustainable economic development—Role of green policies, ecoprenuership, and green technological innovation

Wang

Javaid

Bano

et al. 2022

Front. Environ. Sci.

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This study conceptualizes the impact of Green Economy Policies, namely, green fiscal policy, green investment, and green jobs, on sustainable economic development through direct and serially mediated paths. Ecopreneurship and Green Technological Innovation have been perceived/recognized as potential mediators linking green economy policies to sustainable economic development. The conceptual model sheds light on the integrated role of two main actors—the government of the state and its market forces in moving toward the goal of sustainability and gains for all. It represents that incorporating “green” into public policy creates a suitable environment for green entrepreneurs to propose innovative green technologies and sustainability-led business models. Theoretically supported by Institutional theory, this article aims to contribute to sustainability transition research by focusing on the collective role of different institutional forces in achieving economic gains through a sustainability lens.

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Green technologies and environmental policies for sustainable development: Testing direct and indirect impacts

Cited by 33 publications

References 36 publications

Does Green Financing Develop a Cleaner Environment for Environmental Sustainability: Empirical Insights From Association of Southeast Asian Nations Economies

Does Green Financing Develop a Cleaner Environment for Environmental Sustainability: Empirical Insights From Association of Southeast Asian Nations Economies

Regional Differences and Spatial Convergence of Green Development in China

Interplay among institutional actors for sustainable economic development—Role of green policies, ecoprenuership, and green technological innovation

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