The role of financial development and good governance in economic growth and environmental sustainability

Solaymani, Saeed; Montes, Oscar

doi:10.1016/j.nexus.2023.100268

Cited by 3 publications

(1 citation statement)

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“…Many climate-change studies support the positive links between GDP and trade with CO2 emissions (Zubari et al, 2023). While several studies have examined the effects of economic factors and governance on CO2 emissions (Sarkodie et al 2023;Ronaghi et al 2018Solaymani et al 2023;Adedeji et al 2023), none of these studies have focused on the impact of governance along with economic factors on Biocracy, as well as the crucial role of the governance in explaining environmental pollution in COP countries with the percentage of emissions reduction needed to meet the 1.5 degree Celsius target by 2030 , among current top emitters (chart 3). This research fills a gap by focusing on the impact of economic factors and governance on Biocracy.…”

Section: The First Question Raised Is What Is Biocracy?mentioning

confidence: 99%

The Impact of Governance and Economic Factors on Biocracy in the Committed Countries in COP28

Ronaghi

2024

Preprint

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Biocracy refers to a system of governance and decision-making that prioritizes the well-being and health of living systems, including ecosystems, species, and human communities. Biocracy promotes holistic, participatory, and adaptive management, integrating science, traditional knowledge, and collective decision-making. The goal is to cultivate a mutually enriching relationship between humans and the natural world. As a result, all human actions have an impact on Biocracy. This study covers annual data from 2010 to 2022 for a group of member countries of the COP28 with the percentage of emissions reduction needed to meet the 1.5 degree Celsius target by 2030 , among current top emitters and employs the Tobit Panel model with a limited dependent variable (LDV). The primary economic variables that substantially influence Biocracy are GDP growth, foreign investment, inflation rate, employment, and trade-related variables (exports and imports) and governance. The results indicate that the governance index and imports variable have the most significant positive effect on Biocracy and the elasticity of governance has the largest impact on Biocracy among all the variables studied. The study's objective is to identify strategies to enhance Biocracy without hindering economic growth, with an emphasis on the role of good governance. JEL Classification: C21 · F30 · F43 · G10

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Section: The First Question Raised Is What Is Biocracy?mentioning

confidence: 99%

The Impact of Governance and Economic Factors on Biocracy in the Committed Countries in COP28

Ronaghi

2024

Preprint

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Advancing water security in arid regions: A technological and bibliometric study on integrating hydro panels in buildings for sustainable development goals

Alsyouf,

Obaideen

2024

Energy Nexus

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Technological progress in achieving environmental sustainability in Central and Southern Africa: The role of fossil fuels and institutional quality

Okere,

Fasanya

2024

Energy Sources, Part B: Economics, Planning, and Policy

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The role of financial development and good governance in economic growth and environmental sustainability

Cited by 3 publications

References 80 publications

The Impact of Governance and Economic Factors on Biocracy in the Committed Countries in COP28

The Impact of Governance and Economic Factors on Biocracy in the Committed Countries in COP28

Advancing water security in arid regions: A technological and bibliometric study on integrating hydro panels in buildings for sustainable development goals

Technological progress in achieving environmental sustainability in Central and Southern Africa: The role of fossil fuels and institutional quality

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