Pub Date : 2023-06-01DOI: 10.21511/ee.14(1).2023.07
J. Mukarati, Leward Jeke, Abel Sanderson
Environmental pollution is one of the major problems that has become an increasing area of concern globally, leading to the emergence of green energy technology. Research has been conducted on green technology adoption mainly in developed countries. However, there is noticeably limited knowledge about technology adoption and energy consumption in developing countries, for example, Zimbabwe. Thus, this paper seeks to analyze the impact of green technology adoption on energy sector performance in Zimbabwe. The results established that green technology adoption, energy pricing, energy sector investment, and capital structure significantly influence energy consumption efficiency. These results showed a positive relationship between green technology adoption and energy consumption efficiency based on the argument of the substitution possibility effect between green technology and energy demand. The study recommends adopting and identifying the type of green technology to utilize and the timing of investment in green technology. In addition, alternative estimation methods can be adopted to test the robustness of the findings.
{"title":"Green technology and energy consumption efficiency in Zimbabwe","authors":"J. Mukarati, Leward Jeke, Abel Sanderson","doi":"10.21511/ee.14(1).2023.07","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.07","url":null,"abstract":"Environmental pollution is one of the major problems that has become an increasing area of concern globally, leading to the emergence of green energy technology. Research has been conducted on green technology adoption mainly in developed countries. However, there is noticeably limited knowledge about technology adoption and energy consumption in developing countries, for example, Zimbabwe. Thus, this paper seeks to analyze the impact of green technology adoption on energy sector performance in Zimbabwe. The results established that green technology adoption, energy pricing, energy sector investment, and capital structure significantly influence energy consumption efficiency. These results showed a positive relationship between green technology adoption and energy consumption efficiency based on the argument of the substitution possibility effect between green technology and energy demand. The study recommends adopting and identifying the type of green technology to utilize and the timing of investment in green technology. In addition, alternative estimation methods can be adopted to test the robustness of the findings.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49613914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-23DOI: 10.21511/ee.14(1).2023.06
Azhar Alam, Ririn Tri Ratnasari, Isnani Latifathul Jannah, Afief El Ashfahany
The threat of the global climate crisis demands improvement and adjustment from various sides, including the financial sector. Islamic finance responds to environmental responsibility by presenting environmentally friendly financing products in green sukuk. This study aims to show the development trend of the number of publications in green sukuk and systematize the results of studies that explain the development and evaluation of the emergence of green sukuk investments. This study analyzed 15 publications on green sukuk during the 2016-2022 years indexed by the Scopus database. As for methodology, the descriptive analysis was used to explain the green sukuk data quantitatively; the synthesis analysis was used to describe data based on four directions (the development of models (10 sources), opportunities (12 sources), challenges (12 sources), and evaluations of green sukuk (10 sources). Preferred Reporting Items for Systematic Review and Meta-Analyses standard were used to choose samples for this investigation. The green sukuk challenge is dealing with the sukuk market after the pandemic. Several evaluation findings regarding managing commitment from the government and investors for the renewable energy sector and efforts to provide low-cost sukuk financing and risk minimization are found. Green sukuk demands efficient management to be more viable, competitive, and attractive to investors if the operational area supports it. Green sukuk projects face expanding green funding, global climate financing, managing renewable energy, and validating greenhouse gas emissions. The green stock market reaction requires coordination amongst economic subsectors.
{"title":"Development and evaluation of Islamic green financing: A systematic review of green sukuk","authors":"Azhar Alam, Ririn Tri Ratnasari, Isnani Latifathul Jannah, Afief El Ashfahany","doi":"10.21511/ee.14(1).2023.06","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.06","url":null,"abstract":"The threat of the global climate crisis demands improvement and adjustment from various sides, including the financial sector. Islamic finance responds to environmental responsibility by presenting environmentally friendly financing products in green sukuk. This study aims to show the development trend of the number of publications in green sukuk and systematize the results of studies that explain the development and evaluation of the emergence of green sukuk investments. This study analyzed 15 publications on green sukuk during the 2016-2022 years indexed by the Scopus database. As for methodology, the descriptive analysis was used to explain the green sukuk data quantitatively; the synthesis analysis was used to describe data based on four directions (the development of models (10 sources), opportunities (12 sources), challenges (12 sources), and evaluations of green sukuk (10 sources). Preferred Reporting Items for Systematic Review and Meta-Analyses standard were used to choose samples for this investigation. The green sukuk challenge is dealing with the sukuk market after the pandemic. Several evaluation findings regarding managing commitment from the government and investors for the renewable energy sector and efforts to provide low-cost sukuk financing and risk minimization are found. Green sukuk demands efficient management to be more viable, competitive, and attractive to investors if the operational area supports it. Green sukuk projects face expanding green funding, global climate financing, managing renewable energy, and validating greenhouse gas emissions. The green stock market reaction requires coordination amongst economic subsectors.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44656836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Previous studies indicate a lack of analysis of pro-environmental behavior adoption in enterprises of various sizes. Very small enterprises, especially in the informal sector, have always been overlooked in the literature, although they are in the majority in most countries. This paper aims to examine the effects of firm size on pro-environmental behavior adoption in Cameroon. The analysis focuses on a sample of 141,926 firms drawn from the Second General Census of Enterprises (RGE-2) in Cameroon (NIS, 2018). The study adopted a statistical and econometrical approach based on the logit model. The results showed that the adoption of pro-environmental behavior increases with firm size. The probability of having a health, safety, and environment system increases by 16.70 points in large enterprises compared to 8.40 points in small enterprises. The probability of having a wastewater management system increases by 5.30 points in large enterprises compared to 2.30 points in small enterprises. The probability of having an air pollution management system increases by 2.20 points in large enterprises compared to 1.50 points in small enterprises. However, company size does not significantly influence the adoption of a solid waste management system. It is recommended to (i) raise awareness among large companies of the challenges of environmental protection and to strengthen controls on compliance with environmental standards, and (ii) to implement actions aimed at the migration of companies from the informal to the formal sector.
{"title":"Firm size and pro-environmental behavior in Cameroon","authors":"Mathieu Juliot Mpabe Bodjongo, M. Fofana, Fanny Kabwe Omoyi epse Essomme","doi":"10.21511/ee.14(1).2023.05","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.05","url":null,"abstract":"Previous studies indicate a lack of analysis of pro-environmental behavior adoption in enterprises of various sizes. Very small enterprises, especially in the informal sector, have always been overlooked in the literature, although they are in the majority in most countries. This paper aims to examine the effects of firm size on pro-environmental behavior adoption in Cameroon. The analysis focuses on a sample of 141,926 firms drawn from the Second General Census of Enterprises (RGE-2) in Cameroon (NIS, 2018). The study adopted a statistical and econometrical approach based on the logit model. The results showed that the adoption of pro-environmental behavior increases with firm size. The probability of having a health, safety, and environment system increases by 16.70 points in large enterprises compared to 8.40 points in small enterprises. The probability of having a wastewater management system increases by 5.30 points in large enterprises compared to 2.30 points in small enterprises. The probability of having an air pollution management system increases by 2.20 points in large enterprises compared to 1.50 points in small enterprises. However, company size does not significantly influence the adoption of a solid waste management system. It is recommended to (i) raise awareness among large companies of the challenges of environmental protection and to strengthen controls on compliance with environmental standards, and (ii) to implement actions aimed at the migration of companies from the informal to the formal sector.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42871780","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sustainability reporting reflects business contribution to sustainable development. Indonesia seeks to engage in sustainable development by assessing the companies using the PROPER scale. The study aims to determine whether environmental performance (assessed by the PROPER scale) affect sustainability reporting of companies in Indonesia. The research population includes companies listed on the Indonesia Stock Exchange that have published annual and sustainability reports within five consecutive years. This study employs WarpPLS to analyze data from 85 observations. The results show an increase in the disclosure of sustainability reports when the audit committee and the board of directors hold regular meetings. Companies without governance committees focus more on improving governance rather than disclosing sustainability reports. Environmental performance, when associated with the type of industry and governance committee, will increase sustainability reporting. However, a company with good environmental performance will make the audit committee and directors focus on other responsibilities because the community already understands that a company with a good PROPER rating properly manages its environmental impact and is aware of the importance of sustainable development. This study concludes that environmental performance measured by the PROPER scale positively affects sustainability reporting considering the type of industry, governance committee, audit committee, and board of directors of companies in Indonesia. The Indonesian government must support, facilitate, and encourage companies to achieve the gold category in the PROPER scale and promote higher disclosure of sustainability reports to contribute to sustainable development.
Pub Date : 2023-03-16DOI: 10.21511/ee.14(1).2023.03
Alexandra Barro-Chale, Patricia Rivera-Castañeda, Maria Jeanett Ramos-Cavero, Franklin Cordova-Buiza
Fair trade initiatives represent an essential support for the scarce opportunities that have arisen in the agricultural sector, as they cover various areas that contribute to increasing good trade practices. It is essential to highlight the contribution of fair trade in urban and rural areas, as it becomes a valuable incentive for differentiation. The main objective of this study was to determine how Fair Trade is applied in the socioeconomic and ecological sphere in an association of sustainable agricultural producers in the Peruvian jungle. This is quantitative research with a non-experimental cross-sectional design. The survey technique was used, and a questionnaire was applied to 99 agricultural producers in the Amazon region of northern Peru, because it would help to analyze the new challenges of fair trade. In addition, data analysis and processing was carried out with Microsoft Office Excel and SPSS. The results show that 51% of the producers surveyed have been sensitized to adopt socially responsible actions aimed at strengthening sustainable development, social responsibility and good practices for fair trade in favor of the preservation of the resources of the Peruvian Amazon, as well as the socioeconomic development of farmers and the region itself. Forty-seven percent carry out social responsibility activities under the guidance of the Fairtrade organization, which has accompanied farmers to obtain Fairtrade certification. In addition, 59% of respondents say that they engage in healthy competition that generates trust among farmers. Fairtrade enables associated farmers to improve their ethical behavior and respect for their rights as well as those of the entire community.
{"title":"Agricultural associations and fair trade in the Peruvian rainforest: a socioeconomic and ecological analysis","authors":"Alexandra Barro-Chale, Patricia Rivera-Castañeda, Maria Jeanett Ramos-Cavero, Franklin Cordova-Buiza","doi":"10.21511/ee.14(1).2023.03","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.03","url":null,"abstract":"Fair trade initiatives represent an essential support for the scarce opportunities that have arisen in the agricultural sector, as they cover various areas that contribute to increasing good trade practices. It is essential to highlight the contribution of fair trade in urban and rural areas, as it becomes a valuable incentive for differentiation. The main objective of this study was to determine how Fair Trade is applied in the socioeconomic and ecological sphere in an association of sustainable agricultural producers in the Peruvian jungle. This is quantitative research with a non-experimental cross-sectional design. The survey technique was used, and a questionnaire was applied to 99 agricultural producers in the Amazon region of northern Peru, because it would help to analyze the new challenges of fair trade. In addition, data analysis and processing was carried out with Microsoft Office Excel and SPSS. The results show that 51% of the producers surveyed have been sensitized to adopt socially responsible actions aimed at strengthening sustainable development, social responsibility and good practices for fair trade in favor of the preservation of the resources of the Peruvian Amazon, as well as the socioeconomic development of farmers and the region itself. Forty-seven percent carry out social responsibility activities under the guidance of the Fairtrade organization, which has accompanied farmers to obtain Fairtrade certification. In addition, 59% of respondents say that they engage in healthy competition that generates trust among farmers. Fairtrade enables associated farmers to improve their ethical behavior and respect for their rights as well as those of the entire community.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47268744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
There is little research on the impact of environmental costs on plastic manufacturing companies’ financial performance and sustainability. This paper aims to explore the relationship between environmental costs and financial performance of two large national plastic manufacturing companies, namely Bowler Metcalf Limited (BML) and Nampak Ltd, between 2018 and 2019 since research allows for five year old information. Further, the study used pre-Covid-19 data to conceptualize. It adopted a qualitative method of inquiry using content analysis to analyze the financial statements and reports of the two companies (secondary data analysis) available in the public domain. The interpretative analysis further supported the analysis and interpretation of the two variables of environmental costs and financial performance. The results showed a positive relationship between environmental costs and profits in the financial statements of these two companies during 2018 and 2019. BML had a decrease in plastic penalties from R 23.171 million in 2018 to R 14.596 million in 2019, which supported a reduction in spending on legal and constructive obligation items. Nampak also decreased stakeholders’ equity from R 10,140.3 million in 2018 to R 8,932.33 million in 2019, which meant that the stakeholders’ equity funds were reduced, possibly due to reduced spending on environmental costs during that period. It can be concluded and established that when these two plastic companies spend more on environmental costs, this positively affects overall financial performance and improves financial sustainability. It is recommended to allocate more resources/funding to support environmental costs to increase the profitability of the two plastic manufacturing companies.
{"title":"The impact of environmental costs on financial performance: An explorative analysis of two plastic companies","authors":"Kansilembo Freddy Aliamutu, Anrusha Bhana, Sachin Suknunan","doi":"10.21511/ee.14(1).2023.02","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.02","url":null,"abstract":"There is little research on the impact of environmental costs on plastic manufacturing companies’ financial performance and sustainability. This paper aims to explore the relationship between environmental costs and financial performance of two large national plastic manufacturing companies, namely Bowler Metcalf Limited (BML) and Nampak Ltd, between 2018 and 2019 since research allows for five year old information. Further, the study used pre-Covid-19 data to conceptualize. It adopted a qualitative method of inquiry using content analysis to analyze the financial statements and reports of the two companies (secondary data analysis) available in the public domain. The interpretative analysis further supported the analysis and interpretation of the two variables of environmental costs and financial performance. The results showed a positive relationship between environmental costs and profits in the financial statements of these two companies during 2018 and 2019. BML had a decrease in plastic penalties from R 23.171 million in 2018 to R 14.596 million in 2019, which supported a reduction in spending on legal and constructive obligation items. Nampak also decreased stakeholders’ equity from R 10,140.3 million in 2018 to R 8,932.33 million in 2019, which meant that the stakeholders’ equity funds were reduced, possibly due to reduced spending on environmental costs during that period. It can be concluded and established that when these two plastic companies spend more on environmental costs, this positively affects overall financial performance and improves financial sustainability. It is recommended to allocate more resources/funding to support environmental costs to increase the profitability of the two plastic manufacturing companies.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42849049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-02-21DOI: 10.21511/ee.14(1).2023.01
Lelo Tshivhase, C. Bisschoff
South African universities experience increased pressure to comply with and implement environmentally friendly practices. Specifically, state-funded universities need to enhance environmental management efficiency and environmental awareness. However, measuring the implementation of green initiatives in higher education takes time and effort. South African models for state-funded universities are absent, and international models are inapplicable. Therefore, this study aims to develop and empirically test the model by investigating existing theories and models and identifying potential factors for higher education. The paper determined ten initial factors from 31 environmental studies, limiting their number to five. The finally selected factors are cost of green products, awareness, training and education, top management attitude and commitment, committee for sustainable accountability, and digital transformation. This qualitative study uses a five-point Likert-scale questionnaire sampling 149 university managers. Structural equation modeling retained three of the original five factors in the model: cost of green products, top management attitude and commitment, and digital transformation. However, knowledge of the environment (SRW = 0.76) is also crucial. Ten theoretical measuring criteria are retained as valid measures of implementing green initiatives. The model has good fit indices (CMin/Df = 4.07, CFI = 0.944, GFI = 0.909), despite RMSEA exceeding 0.10. The developed conceptual model can be used to measure the implementation of green initiatives by South African state-funded universities.
{"title":"Designing a model to measure and manage the implementation of green initiatives at South African universities","authors":"Lelo Tshivhase, C. Bisschoff","doi":"10.21511/ee.14(1).2023.01","DOIUrl":"https://doi.org/10.21511/ee.14(1).2023.01","url":null,"abstract":"South African universities experience increased pressure to comply with and implement environmentally friendly practices. Specifically, state-funded universities need to enhance environmental management efficiency and environmental awareness. However, measuring the implementation of green initiatives in higher education takes time and effort. South African models for state-funded universities are absent, and international models are inapplicable. Therefore, this study aims to develop and empirically test the model by investigating existing theories and models and identifying potential factors for higher education. The paper determined ten initial factors from 31 environmental studies, limiting their number to five. The finally selected factors are cost of green products, awareness, training and education, top management attitude and commitment, committee for sustainable accountability, and digital transformation. This qualitative study uses a five-point Likert-scale questionnaire sampling 149 university managers. Structural equation modeling retained three of the original five factors in the model: cost of green products, top management attitude and commitment, and digital transformation. However, knowledge of the environment (SRW = 0.76) is also crucial. Ten theoretical measuring criteria are retained as valid measures of implementing green initiatives. The model has good fit indices (CMin/Df = 4.07, CFI = 0.944, GFI = 0.909), despite RMSEA exceeding 0.10. The developed conceptual model can be used to measure the implementation of green initiatives by South African state-funded universities.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48406509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economic variables are dynamic in nature. This paper uses a simultaneous equation model to assess the complexity of the link between economic expansion and environmental deterioration in ASEAN. The study examines how CO2 emissions, economic growth, public health initiatives, and control factors interact using dynamic panel data from 2011 to 2020. The population, the amount of forested land, the use of renewable energy, foreign investment, the inflation rate, the total amount of foreign exchange reserves, and government health policies are just a few examples. In order to provide a reliable and accurate assessment of the long-term relationship, this study employs the generalized approach of the Arellano-Bond moment method. The econometric technique deals with the issues of nonstationary, endogeneity, cross-error correlation, and heteroscedasticity.Additionally, the two stage least square (2SLS) method was used to assess the results’ robustness. According to the statistical results, there is a causal link between CO2 emissions and economic growth, and between CO2 emissions and energy consumption. Furthermore, according to the data, ASEAN CO2 emissions showed a monotonically growing relationship during the sample period. Policymakers may use these findings since they can aid in implementing economic measures to promote sustainable and ecologically friendly development.
Pub Date : 2022-12-01DOI: 10.21511/ee.13(1).2022.13
K. Bliumska-Danko, S. Charreire-Petit, Dongxu Qu, T. Shevchenko
The adoption of biopolymer packaging materials to replace petroleum-based plastic packaging has become a global trend, which could reduce environmental impact and potential health threats. Therefore, the paper analyzes trends in organic packaging research and the prospects of its application. This study employs bibliometric methods to select relevant studies using a preset search string. The dynamics of publications, the most influential authors and articles, as well as the most productive institutions and countries on the topic for 2017–2022 were determined. To collect the data, Elsevier’s database Scopus was selected. The analysis revealed five salient research themes through text mining analysis: packaging and public health; packaging and children’s health safety; eco-friendly packaging and consumer behavior; food packaging and labeling; and packaging with a focus on marketing and advertising. 864 terms from 40 articles were analyzed. As a result, most selected publications focused on the impact of packaging on the environment. In addition, some publications consider it from the perspective of consumer safety. Moreover, consumers unconsciously associate organic packaging with products’ safety and quality. However, the marketing and advertising of organic packaging are insufficient, as well as the application of organic packaging in children’s food products. Acknowledgment The study was conducted within the framework of the ERASMUS+ Jean Monnet Project “Production and dissemination of circular economy ideas in accordance with the EU Action Plan.” Furthermore, Kseniia Bliumska-Danko gratefully acknowledges financial support from the Government of France within the framework of the PAUSE program (National Program of Urgent Assistance and Reception of Scientists).
{"title":"Mapping organic packaging research: Environmental concern and health safety","authors":"K. Bliumska-Danko, S. Charreire-Petit, Dongxu Qu, T. Shevchenko","doi":"10.21511/ee.13(1).2022.13","DOIUrl":"https://doi.org/10.21511/ee.13(1).2022.13","url":null,"abstract":"The adoption of biopolymer packaging materials to replace petroleum-based plastic packaging has become a global trend, which could reduce environmental impact and potential health threats. Therefore, the paper analyzes trends in organic packaging research and the prospects of its application. This study employs bibliometric methods to select relevant studies using a preset search string. The dynamics of publications, the most influential authors and articles, as well as the most productive institutions and countries on the topic for 2017–2022 were determined. To collect the data, Elsevier’s database Scopus was selected. The analysis revealed five salient research themes through text mining analysis: packaging and public health; packaging and children’s health safety; eco-friendly packaging and consumer behavior; food packaging and labeling; and packaging with a focus on marketing and advertising. 864 terms from 40 articles were analyzed. As a result, most selected publications focused on the impact of packaging on the environment. In addition, some publications consider it from the perspective of consumer safety. Moreover, consumers unconsciously associate organic packaging with products’ safety and quality. However, the marketing and advertising of organic packaging are insufficient, as well as the application of organic packaging in children’s food products.\u0000Acknowledgment The study was conducted within the framework of the ERASMUS+ Jean Monnet Project “Production and dissemination of circular economy ideas in accordance with the EU Action Plan.” Furthermore, Kseniia Bliumska-Danko gratefully acknowledges financial support from the Government of France within the framework of the PAUSE program (National Program of Urgent Assistance and Reception of Scientists).","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47280138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-30DOI: 10.21511/ee.13(1).2022.12
A. Vorontsova, Oleksandra Rieznyk, Alla Treus, Z. Oleksich, N. Ovcharova
The most vital problems of humanity mentioned in SDGs are the consequences of climate change and biodiversity loss and problems with access to water and forest resources. Although there is a deep understanding of the problems, there are reasons that do not allow finding swift solutions, and the increasing funding gap for the relevant SDGs is one of them. This study aims to establish the connection between environmental protection investments and the achievement of environmentally oriented sustainable development goals across 31 European countries (26 EU Member States, 3 EFTA Countries, and Ukraine as a Candidate to EU). The paper employed the PLS-SEM approach. The obtained results proved that the accumulated amount of environmental protection investments does not have a statistically significant relationship with the integral indicators of SDG 6 “Clear water and sanitation,” SDG 13 “Climate action,” and SDG 15 “Life on land” (the coefficient of determination, the path coefficient, and the reliability coefficients were insignificant). The study of a similar relationship between the level and the directions of SDGs 6, 13, and 15 achievements also did not reveal any significant results. As the last step of the analysis, the hypothesis about a relationship between environmental protection investments and Environmental Performance Index components was also rejected. Therefore, the statistical significance and relevance of the analyzed indicators were not confirmed. Based on this, a conclusion was made about the insufficiency of investment resources for environmental protection to overcome the gap in achieving environmentally-oriented SDGs.
{"title":"Do environmental protection investments contribute to environmentally-oriented SDGS?","authors":"A. Vorontsova, Oleksandra Rieznyk, Alla Treus, Z. Oleksich, N. Ovcharova","doi":"10.21511/ee.13(1).2022.12","DOIUrl":"https://doi.org/10.21511/ee.13(1).2022.12","url":null,"abstract":"The most vital problems of humanity mentioned in SDGs are the consequences of climate change and biodiversity loss and problems with access to water and forest resources. Although there is a deep understanding of the problems, there are reasons that do not allow finding swift solutions, and the increasing funding gap for the relevant SDGs is one of them. This study aims to establish the connection between environmental protection investments and the achievement of environmentally oriented sustainable development goals across 31 European countries (26 EU Member States, 3 EFTA Countries, and Ukraine as a Candidate to EU). The paper employed the PLS-SEM approach. The obtained results proved that the accumulated amount of environmental protection investments does not have a statistically significant relationship with the integral indicators of SDG 6 “Clear water and sanitation,” SDG 13 “Climate action,” and SDG 15 “Life on land” (the coefficient of determination, the path coefficient, and the reliability coefficients were insignificant). The study of a similar relationship between the level and the directions of SDGs 6, 13, and 15 achievements also did not reveal any significant results. As the last step of the analysis, the hypothesis about a relationship between environmental protection investments and Environmental Performance Index components was also rejected. Therefore, the statistical significance and relevance of the analyzed indicators were not confirmed. Based on this, a conclusion was made about the insufficiency of investment resources for environmental protection to overcome the gap in achieving environmentally-oriented SDGs.","PeriodicalId":52974,"journal":{"name":"Environmental Economics","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48380261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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