Sustainable development goals and environmental performance: Exploring the contribution of governance, energy, and growth

IF 6.3 2区 经济学 Q1 BUSINESS, FINANCE Research in International Business and Finance Pub Date : 2024-10-29 DOI:10.1016/j.ribaf.2024.102646
Mirza Muhammad Naseer , Ahmed Imran Hunjra , Alessia Palma , Tanveer Bagh
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Abstract

This study investigates the impact of renewable and non-renewable energy consumption, governance quality, and economic growth on environmental sustainability across frontier, emerging, and developed economies from 2001 to 2021. The Environmental Performance Index (EPI) and Sustainable Development Goals (SDGs) are environmental sustainability measures. The study addresses potential endogeneity issues through advanced econometric techniques and explores the differential impacts of energy sources, governance structures, and economic factors on environmental performance. The findings reveal significant variations in how these factors influence environmental sustainability across frontier, emerging, and developed economies. The results demonstrate a positive relationship between renewable energy consumption and governance quality with environmental sustainability, while non-renewable energy consumption exhibits a negative association. Economic growth emerges as a crucial factor influencing both environmental performance and the advancement of SDGs. This research contributes to the expanding literature on environmental sustainability by presenting a comprehensive analysis of its determinants across different economic contexts. The findings provide valuable insights for policymakers, underscoring the importance of tailored approaches to energy policy, governance reforms, and economic development strategies in the pursuit of environmental sustainability goals.
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可持续发展目标与环境绩效:探索治理、能源和增长的贡献
本研究探讨了 2001 年至 2021 年期间,可再生能源和不可再生能源的消耗、治理质量以及经济增长对前沿经济体、新兴经济体和发达经济体环境可持续性的影响。环境绩效指数(EPI)和可持续发展目标(SDGs)是衡量环境可持续性的指标。研究通过先进的计量经济学技术解决了潜在的内生性问题,并探讨了能源、治理结构和经济因素对环境绩效的不同影响。研究结果表明,这些因素对前沿经济体、新兴经济体和发达经济体环境可持续性的影响存在显著差异。结果表明,可再生能源消费和治理质量与环境可持续性之间存在正相关关系,而不可再生能源消费则呈现负相关关系。经济增长成为影响环境绩效和可持续发展目标进展的关键因素。本研究对不同经济背景下环境可持续性的决定因素进行了全面分析,为不断扩展的环境可持续性文献做出了贡献。研究结果为政策制定者提供了宝贵的见解,强调了在追求环境可持续性目标的过程中,能源政策、治理改革和经济发展战略的针对性方法的重要性。
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来源期刊
CiteScore
11.20
自引率
9.20%
发文量
240
期刊介绍: Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance
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