Climate Change Data Portal
| DOI | 10.1016/j.jenvman.2024.120906 |
| The role of green finance and governance effectiveness in the impact of renewable energy investment on CO 2 emissions in BRICS economies | |
| 发表日期 | 2024 |
| ISSN | 0301-4797 |
| EISSN | 1095-8630 |
| 起始页码 | 358 |
| 卷号 | 358 |
| 英文摘要 | In the context of sustainable development, this study investigates the intricate dynamics among good governance, renewable energy investment, and green finance in BRICS nations. The aim of the study is to assess how green finance and governance effectiveness moderate the impact of renewable energy investment on CO 2 emissions. Utilizing the Cross-Sectional Autoregressive Distributed Lag (CS-ARDL) model, a meticulous analysis spanning two decades was conducted to unravel the relationships among key variables and CO 2 emissions. The findings underscore a nuanced interplay where renewable energy investments, synergized with robust governance and strategic green finance, significantly mitigate CO 2 emissions, contributing to sustainable economic development. However, the study reveals non-linear relationships, highlighting the necessity for optimal allocation and strategic planning to maximize environmental benefits. In the short-run, a government effectiveness policy threshold that should be attained in order for renewable energy investment to reduce CO 2 emissions is provided. In the long-run, the negative responsiveness of CO 2 emissions to renewable energy investment is further consolidated by green finance. Moreover, enhancing renewable energy investment in the long run is positive for environmental sustainability. It follows that policy makers should tailor policies aimed at enhancing renewable energy investment in the long-run as well as complementing renewable energy investment with green finance in the long-run in order to ensure environmental sustainability by means of reducing CO 2 emissions. Policymakers in BRICS nations are urged to strengthen governance structures, promote renewable energy investments, leverage green finance, foster public-private partnerships, adopt a holistic approach, and address nonlinear effects to accelerate the transition to a low-carbon economy. |
| 英文关键词 | Sustainable development; Governance; Renewable energy investment; BRICS and CS-ARDL |
| 语种 | 英语 |
| WOS研究方向 | Environmental Sciences & Ecology |
| WOS类目 | Environmental Sciences |
| WOS记录号 | WOS:001232048700001 |
| 来源期刊 | JOURNAL OF ENVIRONMENTAL MANAGEMENT
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/301325 |
| 作者单位 | National Institute of Technology (NIT System); National Institute of Technology Patna; Sir Padampat Singhania University; University of Johannesburg |
| 推荐引用方式 GB/T 7714 | . The role of green finance and governance effectiveness in the impact of renewable energy investment on CO 2 emissions in BRICS economies[J],2024,358. |
| APA | (2024).The role of green finance and governance effectiveness in the impact of renewable energy investment on CO 2 emissions in BRICS economies.JOURNAL OF ENVIRONMENTAL MANAGEMENT,358. |
| MLA | "The role of green finance and governance effectiveness in the impact of renewable energy investment on CO 2 emissions in BRICS economies".JOURNAL OF ENVIRONMENTAL MANAGEMENT 358(2024). |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
