气候变化领域集成服务门户(CCPortal): Shaping a greener future: The role of geopolitical risk, renewable energy and financial development on environmental sustainability using the LCC hypothesis

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DOI	10.1016/j.jenvman.2024.120708
	Shaping a greener future: The role of geopolitical risk, renewable energy and financial development on environmental sustainability using the LCC hypothesis
	Wang, Wenjun; Balsalobre-Lorente, Daniel; Anwar, Ahsan; Adebayo, Tomiwa Sunday; Cong, Phan The; Quynh, Nguyen Ngoc; Nguyen, Minh-Quang
发表日期	2024
ISSN	0301-4797
EISSN	1095-8630
起始页码	357
卷号	357
英文摘要	The recent progress report of Sustainable Development Goals (SDG) 2023 highlighted the extreme reactions of environmental degradation. This report also shows that the current efforts for achieving environmental sustainability (SDG 13) are inadequate and a comprehensive policy agenda is needed. However, the present literature has highlighted several determinants of environmental degradation but the influence of geopolitical risk on environmental quality (EQ) is relatively ignored. To fill this research gap and propose a inclusive policy structure for achieving the sustainable development goals. This study is the earliest attempt that delve into the effects o of geopolitical risk (GPR), financial development (FD), and renewable energy consumption (REC) on load capacity factor (LCF) under the framework of load capacity curve (LCC) hypothesis for selected Asian countries during 1990 - 2020. In this regard, we use several preliminary sensitivity tests to check the features and reliability of the dataset. Similarly, we use panel quantile regression for investigating long -run relationships. The factual results affirm the existence of the LCC hypothesis in selected Asian countries. Our findings also show that geopolitical risk reduces environmental quality whereas financial development and REC increase environmental quality. Drawing from the empirical findings, this study suggests a holistic policy approach for achieving the targets of SDG 13 (climate change).
英文关键词	Geopolitical risk; Financial development; LCC hypothesis; Panel quantile regression
语种	英语
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Sciences
WOS记录号	WOS:001218440600001
来源期刊	JOURNAL OF ENVIRONMENTAL MANAGEMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/295290
作者单位	Shaanxi Normal University; Universidad de Castilla-La Mancha; Czech University of Life Sciences Prague; Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC); UCSI University; Lefke Avrupa University; Cyprus International University; Thuongmai University; Lebanese American University
推荐引用方式 GB/T 7714	Wang, Wenjun,Balsalobre-Lorente, Daniel,Anwar, Ahsan,et al. Shaping a greener future: The role of geopolitical risk, renewable energy and financial development on environmental sustainability using the LCC hypothesis[J],2024,357.
APA	Wang, Wenjun.,Balsalobre-Lorente, Daniel.,Anwar, Ahsan.,Adebayo, Tomiwa Sunday.,Cong, Phan The.,...&Nguyen, Minh-Quang.(2024).Shaping a greener future: The role of geopolitical risk, renewable energy and financial development on environmental sustainability using the LCC hypothesis.JOURNAL OF ENVIRONMENTAL MANAGEMENT,357.
MLA	Wang, Wenjun,et al."Shaping a greener future: The role of geopolitical risk, renewable energy and financial development on environmental sustainability using the LCC hypothesis".JOURNAL OF ENVIRONMENTAL MANAGEMENT 357(2024).