2023
DOI: 10.1002/sd.2597
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Achieving green environment in Brazil, Russia, India, China, and South Africa economies: Do composite risk index, green innovation, and environmental policy stringency matter?

Abstract: The Paris Accord has brought the world's governments together to begin implementing plans for their individual economies to become carbon‐free. The goal of attaining low‐carbon growth is not, however, as simple as it would appear since the world economies, which are dependent on fossil fuels and are fast expanding, are concentrated on accelerating economic expansion at the price of worse environmental effects. In light of this, the study aims to investigate the combined effects of the composite risk index (CRI… Show more

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Cited by 20 publications
(2 citation statements)
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References 136 publications
(212 reference statements)
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“…Furthermore, international trade has a substantial impact on economic activities. As a result, numerous studies investigated the relationship between economic activities and the environment (Afghah et al, 2023;Aneja et al, 2024;Huang et al, 2020;Udeagha & Muchapondwa, 2023a). These studies demonstrate a correlation between economic development indicators, environmental pollution and GRL.…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, international trade has a substantial impact on economic activities. As a result, numerous studies investigated the relationship between economic activities and the environment (Afghah et al, 2023;Aneja et al, 2024;Huang et al, 2020;Udeagha & Muchapondwa, 2023a). These studies demonstrate a correlation between economic development indicators, environmental pollution and GRL.…”
Section: Introductionmentioning
confidence: 99%
“…However, decreasing the usage of fossil fuels could impede economic expansion (Vo & Vo, 2022). In the existing body of research, renewable energy sources benefit from mitigating CO 2 emissions, but non-renewable energy sources have a negative impact (Baloch & Danish., 2022b;Hasanov et al, 2021;Udeagha & Muchapondwa, 2023). However, countries are trying to shift energy demand from non-renewable to renewable energy sources.…”
mentioning
confidence: 99%