The role of green financing and natural resources towards sustainable environment: A comparative study of US-China

Wei, Xuecheng; Bai, Yang

doi:10.1016/j.resourpol.2023.103922

Resources Policy

2023

DOI: 10.1016/j.resourpol.2023.103922

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The role of green financing and natural resources towards sustainable environment: A comparative study of US-China

Xuecheng Wei¹,

Yang Bai²

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2024

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Cited by 5 publications

References 47 publications

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Modelling the effects of green finance and renewable energy on environmental sustainability: Fresh insights for BICST economies

Han,

Shah,

Baloch

2024

Geological Journal

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Policymakers are increasingly recognizing the need to prioritize sustainability in their economic growth agendas due to escalating environmental deterioration. Green financing and the utilization of clean energy are advanced solutions to this problem. However, there is a significant need to investigate the green finance‐emission nexus in the presence of renewable energy. This study investigates the impact of green financing and renewable energy on environmental sustainability in BICST economies from 2000 to 2021. The analysis considers GDP, urbanization and access to electricity as controlling factors in the model. A Method of Moments Quantile Regression was executed and indicated that green financing and renewable energy play a crucial role in managing and reducing ongoing CO2 emissions in BICST countries. The scientific evidence indicates that increasing levels of CO2 emissions can be attributed to both urbanization and economic development. On the other hand, having access to power has a positive impact on the environment. Additionally, numerous other tests confirm the validity, strength and reliability of the major findings. In the BICST countries, major policy recommendations to enhance environmental sustainability include private sector investment, promoting incentive‐based policies and ensuring the financial sector's autonomy to stimulate the integration of renewable energy sources into economic operations.

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Modelling the effects of green finance and renewable energy on environmental sustainability: Fresh insights for BICST economies

Han,

Shah,

Baloch

2024

Geological Journal

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Comparative analysis of CO2 emissions and economic performance in the United States and China: Navigating sustainable development in the climate change era

Mehmood,

Tauseef Hassan,

Qiu

et al. 2024

Geoscience Frontiers

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Tele-connection of embodied carbon emissions from industries in China's trade: A complex network analysis

Yang,

Zhu,

et al. 2024

Journal of Environmental Management

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The role of green financing and natural resources towards sustainable environment: A comparative study of US-China

Cited by 5 publications

References 47 publications

Modelling the effects of green finance and renewable energy on environmental sustainability: Fresh insights for BICST economies

Modelling the effects of green finance and renewable energy on environmental sustainability: Fresh insights for BICST economies

Comparative analysis of CO2 emissions and economic performance in the United States and China: Navigating sustainable development in the climate change era

Tele-connection of embodied carbon emissions from industries in China's trade: A complex network analysis

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