Article
Environmental Sciences
Lan Khanh Chu, Ngoc Thi Minh Le
Summary: The study found that high energy intensity increases environmental pollution, while high economic policy uncertainty and renewable energy reduce environmental degradation. The environmental Kuznet curve exists for G7 countries, and economic policy uncertainty strongly moderates the environmental effects.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Wei Liu, Yedan Shen, Asim Razzaq
Summary: By evaluating the evidence from G7 countries from 2000 to 2020, this study identifies potential determinants of renewable energy transition, including renewable energy investment, financial development, and environmental regulations. The results show that green energy investment, financial development, and strict environmental policies stimulate sustainable energy transition in the long run. The interaction between financial development and ecological regulations has a stronger influence, indicating the importance of effective environmental regulations in directing financial resources towards renewable energy transition. Policymakers should implement integrated policies to strengthen ecological regulations and promote the development of the financial sector, reducing financial barriers and introducing new green financial products.
Article
Green & Sustainable Science & Technology
Anam Tariq, Arshad Hassan
Summary: This study extensively analyzes the impact of green finance, renewable energy, environmental regulations, and carbon finance on environmental sustainability. The results show a significant impact of green finance and renewable energy, while carbon finance has no significant effect. Environmental regulations play a moderating role in promoting a sustainable environment. The study confirms the presence of an inverted U-shaped Environmental Kuznets Curve and emphasizes the importance of green finance in fitting the curve. Long-term green finance projects and the implications of environmental regulations are recommended for ensuring environmental sustainability.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Studies
Xinlu Zhao, Tomiwa Sunday Adebayo, Xianli Kong, Mamdouh Abdulaziz Saleh Al-Faryan
Summary: The G7 nations have not yet had a significant impact on the achievement of Sustainable Development Goals 8, 7, and 13, potentially due to issues with fossil fuel utilization and implementation of renewable energy. This study analyzes data from 1990 to 2018 and finds that energy innovation and globalization have a negative effect on ecological footprint, while nonrenewable energy and GDP have a positive influence. A policy framework focused on SDGs is proposed to address these issues.
Article
Economics
Ugur Korkut Pata, Andrew Adewale Alola, Sinan Erdogan, Mustafa Tevfik Kartal
Summary: This study analyzes the impact of economic policy uncertainty and geopolitical risk on renewable energy investments in G7 countries and finds that economic growth has a positive effect on investments, while economic policy uncertainty, geopolitical risk, and urbanization have negative effects. The study also highlights the stronger impact of economic policy uncertainty compared to geopolitical risk.
Article
Geosciences, Multidisciplinary
Zahoor Ahmed, Mahmood Ahmad, Muntasir Murshed, Muhammad Ibrahim Shah, Haider Mahmood, Shujaat Abbas
Summary: Both the increase in share of green energy and public sector investments in renewable energy development and technological innovation are crucial for enhancing renewable energy supply shares and reducing carbon dioxide emissions. This study investigates the effect of these factors, along with trade globalization, on renewable energy supply shares and carbon dioxide emissions in the G7 countries. The results highlight the importance of higher public investments in renewable energy and technological innovation, as well as the role of trade globalization, in achieving sustainable development goals related to green energy transition and environmental sustainability.
Article
Economics
Muhammad Arsalan Aqeeq, Muhammad Arsalan Tahir, Waqas Ali Haider, Farheen Aqeeq, Fahad Bin Abdullah
Summary: This paper examines the impact of policy regime on the financial configuration and sustainable energy future in developing countries using the case of Utility-scale solar (USS) integration in Pakistan. It analyzes the national regulator's PPA model and validates its assumptions and parameters, dispelling misconceptions and information asymmetry. The paper also presents project-level modeling results for 130 districts in Pakistan, revealing the viability of low PPA prices and the potential for cost optimization through different financing mechanisms. Furthermore, it identifies policy imperatives and strategies for promoting sustainable economic development, including derisking policies and domestic financial development.
Article
Environmental Sciences
Khalid Khan, Chi Wei Su
Summary: This study evaluates the impact of economic policy uncertainty (EPU) on renewable energy (RE) in the G7 countries. The findings suggest that EPU negatively affects RE across all quantiles, with high EPU having a rapid influence on RE. The effects of EPU on RE vary across countries, with decreasing impact in Germany and increasing impact in Italy, Japan, the UK, and the USA in the long run. It is important to ensure greater economic stability for the sustainable development of RE, and this can be achieved through involving all stakeholders in policy-making and sharing complete information about economic policies.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
D. J. Borozan
Summary: This paper examines the impact of policy-induced uncertainty on renewable energy consumption and finds that uncertainty has a long-term asymmetric effect, with both negative and positive shocks reducing renewable energy consumption. The short-term effect of uncertainty is significant but not asymmetric, and the effects of other variables are insignificant in the short term.
Article
Green & Sustainable Science & Technology
Jintian Wang, Shouchang You, Ephraim Bonah Agyekum, Clement Matasane, Solomon Eghosa Uhunamure
Summary: This research examines the impacts of democracy, environmental regulations, renewable energy, globalization, and economic growth on ecological footprints in N-11 countries. The results indicate that environmental regulations can mitigate ecological footprints, while economic growth exacerbates them. Moreover, democratic quality, renewable energy consumption, and globalization contribute positively to environmental quality.
Article
Green & Sustainable Science & Technology
Ka Yin Chau, Massoud Moslehpour, Yu-Te Tu, Nguyen Tan Tai, Nguyen Hoang Tien, Pham Quang Huy
Summary: This article reports on an empirical investigation into the impact of green energy exploration and consumption on the sustainability of natural resources in G7 countries. The results show a positive relationship between green energy and the sustainability of natural resources. This study has both theoretical and practical significance for policy formulation and implementation regarding natural resource sustainability.
Article
Green & Sustainable Science & Technology
Denise Anselmi, Idiano D'Adamo, Massimo Gastaldi, Ginevra Virginia Lombardi
Summary: The Sustainable Development Goals (SDGs) demonstrate the concept of sustainability and highlight the changes necessary for future generations. This study compares the performance of 27 European countries based on 58 indicators, using a multi-criteria decision analysis approach. Sweden stands out in the SDG Index, while Europe's progress towards the goals is uneven, emphasizing the need for greater collaboration among countries.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2023)
Article
Environmental Sciences
Lan Khanh Chu
Summary: This paper examines the impact of energy security and economic complexity on renewable energy in G7 countries from 1980 to 2017. The results show that energy insecurity is a driving force for renewable energy development, while economic complexity hampers it. Income has a positive effect on renewable energy, and the role of trade openness varies. These findings have valuable policy implications for G7 countries.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Multidisciplinary Sciences
Jin Zhao, Ghulam Rasool Madni
Summary: The modern society is enjoying luxury and comfort, but future generations may face pollution and resource scarcity. Global warming and climate change are major policy concerns worldwide. Institutional reforms play a crucial role in environmental performance, especially in developing countries.
Article
Environmental Sciences
Rabia Akram, Ridwan Lanre Ibrahim, Zhen Wang, Tomiwa Sunday Adebayo, Muhammad Irfan
Summary: The study examines the factors that facilitate or hinder the achievement of carbon neutrality in G7 economies. Factors such as natural resource dependence, eco-innovation, green energy, carbon tax, environmental policy stringency, and financial development are considered. The empirical findings suggest that green energy, carbon tax, and environmental policy support the drive towards carbon neutrality, while natural resource dependence and financial development hinder it.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Green & Sustainable Science & Technology
Tomiwa Sunday Adebayo, Seun Damola Oladipupo, Husam Rjoub, Dervis Kirikkaleli, Ibrahim Adeshola
Summary: The study finds that structural change can improve environmental quality in Turkey and has a nonlinear impact on CO2 emissions. However, Turkey's current economic progress trajectory is unsustainable due to its reliance on fossil fuel-based energy consumption. The government should encourage investment in the service sector to maintain environmental sustainability.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2023)
Article
Environmental Studies
Tomiwa Sunday Adebayo, Seyi Saint Akadiri, Ilham Haouas, Husam Rjoub
Summary: This study examines the impact of financial development on carbon emissions in MINT countries and finds a one-way causal relationship from financial development to carbon emissions. The empirical results show a significant time-stamped correlation between financial development and carbon emissions, with important feedback causal associations observed in sub-sampled periods.
ENERGY & ENVIRONMENT
(2023)
Article
Environmental Sciences
Noman Mustafa, Muhammad MansoorAsghar, Rozeia Mustafa, Zahoor Ahmed, Husam Rjoub, Rafael Alvarado
Summary: The study reveals that a proactive corporate environmental strategy predicts corporate environmental performance through green product innovation. Moreover, the moderating effect of organizational structure on the relationship between proactive corporate environmental strategy and green product innovation is significant in small firms.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Development Studies
Muhlis Can, Zahoor Ahmed
Summary: Energy insecurity and unsustainable development are major challenges for nations. The author examines the impact of economic complexity on energy consumption and finds that higher economic complexity leads to increased renewable energy usage and decreased non-renewable energy usage.
SUSTAINABLE DEVELOPMENT
(2023)
Article
Green & Sustainable Science & Technology
Hongjian Yu, Yao Zhao, Guitao Qiao, Mahmood Ahmad
Summary: Green finance is seen as an effective way to promote sustainable economic development and improve enterprise development. The implementation of the green financial reform policy in China, aimed at promoting sustainability and enterprise development, is evaluated using the difference in difference (DID) method and data from 33,539 Chinese enterprises from 2007 to 2021. The empirical findings show that the green finance pilot policy has a significant impact on enterprise development, reducing financing constraints, increasing government subsidies, and enhancing corporate social responsibility. However, the effects vary for different types of enterprises.
Article
Green & Sustainable Science & Technology
Yao Zhao, Xuena Kong, Mahmood Ahmad, Zahoor Ahmed
Summary: This study constructs a digital economy (DE) index and explores its impact on environmental quality, mainly focusing on China's 287 prefecture-level cities from 2013 to 2019. The research examines the indirect effect of DE on environmental pollution through industrial structure and educational investment channels. The results indicate that DE significantly improves environmental quality by mitigating environmental pollution, and the effect is moderated by economic globalization and green technology innovation.
Article
Green & Sustainable Science & Technology
Solomon Prince Nathaniel, Chikaodili Josephine Solomon, Kazeem Bello Ajide, Zahoor Ahmed, Hossein Ali Fakher
Summary: The tourism and hotel industry has experienced rapid growth in the past few decades and has made significant contributions to economic progress. However, in emerging markets, the carbon footprint of tourism accounts for a large share of CO2 emissions, posing environmental challenges. This study examines the impact of international tourism, renewable energy consumption, and eco-friendly technology on CO2 emissions in emerging markets.
INTERNATIONAL JOURNAL OF SUSTAINABLE DEVELOPMENT AND WORLD ECOLOGY
(2023)
Article
Business
Samuel Adomako, Michael Asiedu Gyensare, Joseph Amankwah-Amoah, Pervaiz Akhtar, Nazim Hussain
Summary: This study investigates the influence of reverse engineering on frugal product-innovation performance, highlighting the role of for-profit organizations in addressing grand challenges. It finds that cost innovation and affordable value innovation mediate this relationship, while industry environment and institutional context moderate it. The results offer important implications for the indirect impact of reverse engineering on frugal product-innovation performance in resource-constrained emerging markets, contributing to the literature on grand challenges, strategy, and innovation.
JOURNAL OF PRODUCT INNOVATION MANAGEMENT
(2023)
Article
Green & Sustainable Science & Technology
Muhlis Can, Zahoor Ahmed, Mahmood Ahmad, Ihsan Oluc
Summary: Scholars have researched the roles of energy use and trade in economic growth strategies. Recent international trade literature suggests that the diversification of goods may also have an impact on economic growth. This paper examines the influence of export and import product diversification, as well as energy consumption, on economic development. The results reveal that both export and import diversifications positively affect economic growth, providing emerging nations with an opportunity for expansion. Furthermore, energy use, labor, and capital contribute to increasing economic growth. The findings suggest policy suggestions for promoting economic progress.
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
(2023)
Article
Economics
Avik Sinha, Stelios Bekiros, Nazim Hussain, Duc Khuong Nguyen, Sana Akbar Khan
Summary: This paper proposes a new energy transition index based on the energy ladder hypothesis and develops a policy framework to achieve energy transition considering social imbalances and regulatory effectiveness. The results show that social imbalance dampens the positive impacts of energy transition drivers, while governance quality helps in augmenting those impacts. The findings have important practical implications for the development of SDG-oriented policy framework, particularly in achieving SDG 7 and 13.
Article
Economics
Waris Ali, Stelios Bekiros, Nazim Hussain, Sana Akbar Khan, Duc Khuong Nguyen
Summary: This paper provides a systematic analysis and synthesis of literature on the determinants and consequences of corporate social responsibility (CSR) disclosure. The uniqueness of this study lies in its synthesis based on the geographical setting of the original research. The analysis of 135 empirical studies published in Chartered Association of Business Schools (ABS) ranked journals from 1982 to 2020 reveals the importance of various global, country-specific, market-specific, and firm-specific factors in determining a firm's CSR disclosure policies, which are consistently relevant in both developed and developing economies. The synthesis also highlights the benefits companies derive from CSR disclosure, including a better reputation, enhanced financial performance, improved access to external finances, effective stakeholder management, and enhanced corporate accountability. Additionally, the study observes a high heterogeneity in theories among studies examining the same empirical phenomenon, suggesting avenues for future research.
JOURNAL OF ECONOMIC SURVEYS
(2023)
Article
Social Sciences, Interdisciplinary
Jiapeng Dai, Zahoor Ahmed, Ugur Korkut Pata, Mahmood Ahmad
Summary: Establishing effective climate control and reducing ecological footprint are necessary for pursuing Sustainable Development Goals, and this study explores the impacts of external conflicts and government stability on ecological footprint in the context of Goal 13. The results show that external conflicts and government stability both have harmful impacts on environmental quality, implying the importance of reducing conflicts and evaluating the effectiveness of government environmental policies in achieving SDG-13.
Article
Environmental Sciences
Ugur Korkut Pata, Emrah Sofuoglu, Zahoor Ahmed, Oktay Kizilkaya
Summary: Germany aims to achieve COP-26 recommendations and reduce carbon intensity to zero by 2045. Being a leader in environmental patents, Germany's leadership in eco-innovation provides important insights for achieving net zero goals. The study investigates the impact of environmental patents on CO2 emissions in Germany and suggests that they play an active role in reducing emissions.
NATURAL RESOURCES FORUM
(2023)
Article
Business, Finance
Faisal Mahmood, Zahoor Ahmed, Nazim Hussain, Younes Ben-Zaied
Summary: This study investigates the relationship between short-term borrowings and profitability in six sectors of Chinese firms, considering the moderating role of ownership status, company size, and leverage level. The study creates master proxies for analysis using principal component analysis. The findings suggest an inverted U-shaped relationship between working capital finance and profitability in six sectors, except for the textile industry, significantly influenced by ownership structure, company size, and leverage level. Various policy implications are provided for company managers and lending organizations.
REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING
(2023)
Article
Business, Finance
Hossein Ali Fakher, Zahoor Ahmed
Summary: This study analyzes the role of financial development on the impact of technological innovation on environmental quality indicators. The results show that financial development enhances the positive effects of technological innovation on certain indicators, but not on others. Overall, technological innovation appears to improve environmental quality.
FINANCIAL INNOVATION
(2023)