The impact of environmental entrepreneurship and anti-corruption on environmental degradation

Abstract

This research aims to determine and appreciate the role of control of corruption combined with environmental entrepreneurship on CO₂ emission quality. To attain this objective, the researchers developed a model to examine the relationship between environmental entrepreneurship and environmental degradation, taking into account the effects of corruption and financial market development in the long and short run. This study was performed for 15 countries in the Middle East and North African region between 2000 and 2019 by adopting a PMG-ARDL approach. Findings show that (i) real income significantly increases carbon dioxide emissions, while environmental entrepreneurship decreases pollution; (ii) control of corruption can improve environmental quality by influencing environmental entrepreneurship and carbon dioxide emission relationship; and (iii) financial development does not affect the environmental entrepreneurship and carbon dioxide relationship. The conclusion highlights the critical role of controlling corruption to achieve environmental sustainability in the Middle East and North Africa (MENA) region through the adoption of environmental entrepreneurship. The empirical investigation provides captivating findings concerning the environmental sustainability process, which has important policy implications.