气候变化领域集成服务门户(CCPortal): Toward a sustainable environment and economic growth in BRICS economies: do innovation and globalization matter?

CCPortal

DOI	10.1007/s11356-022-19742-6
	Toward a sustainable environment and economic growth in BRICS economies: do innovation and globalization matter?
	Ojekemi, Opeoluwa Seun; Rjoub, Husam; Awosusi, Abraham Ayobamiji; Agyekum, Ephraim Bonah
发表日期	2022
ISSN	0944-1344
EISSN	1614-7499
起始页码	57740
结束页码	57757
卷号	29 期号:38
英文摘要	Over the last few decades, environmental deterioration has accelerated significantly. Environmental degradation has been a subject of research across the world because of its impact on billions of people. However, there has been no international agreement on lowering the utilization of energy and CO2 emissions (CO2), while demand for fossil fuels grows in emerging economies. On the other hand, the recent COP26 summit brought all parties together to accelerate action toward reaching the goals of the Paris Agreement and the UN Framework Convention on Climate Change. Although previous research shows that international trade promotes positive socioeconomic outcomes, other experts argue that it contributes to natural resource shortages and ecological deterioration. Thus, the current research considers the effect of international trade, renewable energy use and technological innovation on consumption-based carbon emissions (CCO2), coupled with the role of financial development and economic growth in the BRICS economies between 1990 and 2018. Moreover, this research utilizes the common correlated effects mean group (CCEMG), augmented mean group (AMG) and Dumitrescu and Hurlin (2012) causality methods to assess these interrelationships. The study findings reveal that renewable energy use, exports and technological innovation mitigate CCO2, whereas economic growth and imports trigger CCO2 in the BRICS economies. The panel causality outcomes also reveal that all the variables except financial development can predict CCO2 emissions. Based on the study findings, we recommend the adoption of policies, regulations and the development of legislative frameworks that promote technological innovation and the shift toward sustainable energy.
英文关键词	Consumption-based carbon emissions; International trade; Eco-innovation; Renewable energy use
语种	英语
WOS研究方向	Environmental Sciences
WOS类目	Science Citation Index Expanded (SCI-EXPANDED)
WOS记录号	WOS:000774855500002
来源期刊	ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280710
作者单位	Cyprus International University; Cyprus International University; Near East University; Ural Federal University
推荐引用方式 GB/T 7714	Ojekemi, Opeoluwa Seun,Rjoub, Husam,Awosusi, Abraham Ayobamiji,et al. Toward a sustainable environment and economic growth in BRICS economies: do innovation and globalization matter?[J],2022,29(38).
APA	Ojekemi, Opeoluwa Seun,Rjoub, Husam,Awosusi, Abraham Ayobamiji,&Agyekum, Ephraim Bonah.(2022).Toward a sustainable environment and economic growth in BRICS economies: do innovation and globalization matter?.ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH,29(38).
MLA	Ojekemi, Opeoluwa Seun,et al."Toward a sustainable environment and economic growth in BRICS economies: do innovation and globalization matter?".ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH 29.38(2022).