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The present study aims to close this gap in the literature by exploring the effect of public-private partnerships in energy and financial development on Brazil's ecological footprint by considering the impact of renewable energy and economic growth using data spanning from 1983 to 2017. The study utilized several techniques such as ARDL, FMOLS, DOLS, and CCR to examine the relationship between ecological footprint and the determinants, while the Gradual shift causality test was utilized to capture the causal linkage between the series in the presence of structural break. The outcome of the Maki Cointegration test revealed evidence of a long-run association among the variables of interest. Furthermore, the results of the ARDL, FMOLS, DOLS, and CCR tests revealed that economic growth and public and private investment in energy increase environmental degradation while both renewable energy and financial development mitigates it. Moreover, the Gradual shift causality test revealed a bidirectional causal linkage between ecological footprint and economic growth. The present study recommends establishing a forum that will foster public and private partnerships to enhance communication, which will create collaboration for new initiatives for green technological innovations. Additionally, the financial market can be assisted by the government by formulating a framework that would promote low carbon technology development.

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The research assesses the impact of CO2 emissions and energy use on economic performance and considers trade openness, urbanization, and agriculture in Indonesia utilizing data covering the period from 1965–2019. The current research employed the Dynamic Ordinary Least Square (DOLS), Autoregressive distributed lag (ARDL), and Fully Modified Ordinary Least Squares (FMOLS) methods. Furthermore, the Gradual shift and Wavelet coherence tests are utilized to capture the direction of causality. The ARDL bounds test discloses a long run interaction among the parameters of interest. The empirical evidence depicts that emissions, agriculture, energy use, and urbanization triggers economic growth. Besides, the growth-induced energy hypothesis is confirmed. This result is resonated by the causality analysis where GDP drives energy one-way in Indonesia. This proposes that Indonesia can embark on conservative energy policies, as such actions will not hurt its growth. Furthermore, there is one-way causality from agriculture to GDP. These outcomes have far-reaching significance for GDP growth and the selected variables in Indonesia.

The present study aims to close this gap in the literature by exploring the effect of public-private partnerships in energy and financial development on Brazil’s ecological footprint by considering the impact of renewable energy and economic growth using data spanning from 1983 to 2017. The study utilized several techniques such as ARDL, FMOLS, DOLS, and CCR to examine the relationship between ecological footprint and the determinants, while the Gradual shift causality test was utilized to capture the causal linkage between the series in the presence of structural break. The outcome of the Maki Cointegration test revealed evidence of a long-run association among the variables of interest. Furthermore, the results of the ARDL, FMOLS, DOLS, and CCR tests revealed that economic growth and public and private investment in energy increase environmental degradation while both renewable energy and financial development mitigates it. Moreover, the Gradual shift causality test revealed a bidirectional causal linkage between ecological footprint and economic growth. The present study recommends establishing a forum that will foster public and private partnerships to enhance communication, which will create collaboration for new initiatives for green technological innovations. Additionally, the financial market can be assisted by the government by formulating a framework that would promote low carbon technology development.