气候变化领域集成服务门户(CCPortal): Can energy productivity gains harness the carbon dioxide-inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development

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DOI	10.1002/sd.2393
	Can energy productivity gains harness the carbon dioxide-inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development
	Murshed, Muntasir; Khan, Uzma; Khan, Aarif Mohammad; Ozturk, Ilhan
发表日期	2023
ISSN	0968-0802
EISSN	1099-1719
起始页码	307
结束页码	320
卷号	31 期号:1
英文摘要	The Next 11 countries are among the world's most rapidy emerging economies that are poised to becoming key drivers of the global economy. Nonetheless, despite progressing economically, these nations have experienced persistent deterioration in their environmental conditions. Hence, this study specifically investigates whether energy productivity gains, controlling for financial inclusion, renewable energy use, economic growth, international trade, and urbanization, can harness the carbon dioxide emissions (CO2E)-inhibiting objectives of the Next 11 countries. The empirical analysis, using annual data spanning from 2004 to 2020, involves the application of advanced econometric tools that are robust to handling the cross-sectional dependency and slope heterogeneity-related issues. The results from the econometric analysis indicate that although energy productivity gains and greater renewable energy consumption reduce emissions of carbon dioxide, making the financial system more inclusive tends to amplify the emission levels. More importantly, energy productivity gains and financial inclusion are observed to jointly reduce the CO2E figures of the Next 11 countries. Thus, it can be said that making more productive use of energy can, to some extent, neutralize the adverse environmenntal impacts of financial inclusion. Additionally, higher economic growth, greater international trade participation, and urbanization are evidenced to boost CO2E in these countries while higher renewable energy use is observed to curb the emission levels. Furthermore, heterogeneous country-specific outcomes are also witnessed. In particular, energy productivity improvement is seen to curb CO2E in eight of these nations while a simultaneous rise in the levels of energy productivity and financial inclusion is found to jointly mitigate and boost CO2E in 55% and 18% of the Next 11 nations, respectively. Hence, in line with these key findings, a set of critically important environmental development-related policies are suggested.
英文关键词	carbon dioxide emissions; energy productivity; environmental sustainability; financial inclusion; renewable energy; sustainable development
语种	英语
WOS研究方向	Development Studies ; Green & Sustainable Science & Technology ; Regional & Urban Planning
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000849670300001
来源期刊	SUSTAINABLE DEVELOPMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281093
作者单位	North South University (NSU); Daffodil International University; Prince Sattam Bin Abdulaziz University; Nisantasi University; University of Sharjah; China Medical University Taiwan; China Medical University Hospital - Taiwan
推荐引用方式 GB/T 7714	Murshed, Muntasir,Khan, Uzma,Khan, Aarif Mohammad,et al. Can energy productivity gains harness the carbon dioxide-inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development[J],2023,31(1).
APA	Murshed, Muntasir,Khan, Uzma,Khan, Aarif Mohammad,&Ozturk, Ilhan.(2023).Can energy productivity gains harness the carbon dioxide-inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development.SUSTAINABLE DEVELOPMENT,31(1).
MLA	Murshed, Muntasir,et al."Can energy productivity gains harness the carbon dioxide-inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development".SUSTAINABLE DEVELOPMENT 31.1(2023).