Environmental strategies for a healthcare system with green technology investment and pandemic effects

Priyan, S.; Matahen, Reem; Priyanshu, Deepa; Mouqdadi, Mahera

doi:10.1016/j.igd.2023.100113

Cited by 8 publications

(1 citation statement)

References 45 publications

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“…Emmerling, et al 32 agreed that joint commitments are needed to increase scaling up financing for the SDGs by putting sustainability practices in financial decision-making and implementation and that the SDGs 33 , especially SDG7, need to be at the Centre-of-the-road in public financial decision-making 1 , 34 , 35 . Additionally, environmental innovation is very key in unleashing novel ideas for new technologies, especially in clean energy deployment that curtails environmental degradation 36 . This will bring diffusion of knowledge and skills across the region.…”

Section: Literature Reviewmentioning

confidence: 99%

Examining public private partnership investment in energy towards achieving sustainable development goal 7 for ASEAN region

Hossin,

Alemzero,

Abudu

et al. 2024

Sci Rep

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The gradual progress in aligning financial flows with the adoption of clean technologies reveals a persistent funding gap, signaling a global misallocation of capital. Addressing this challenge necessitates political leadership and robust policies to counteract the insecurities impeding the redirection of financial flows. This study investigates into the impact of energy-related public–private partnership investments (PPPIE) and macro-environmental variables on the attainment of Sustainable Development Goal 7 (SDG7) across Association of Southeast Asian Nations (ASEAN) member countries from 1999 to 2021. Employing the Dynamac command technique, we conduct autoregressive distribution lag analysis and the Bounds Cointegration Test to evaluate ASEAN’s efforts in achieving SDG7. Results indicate that a ten-year exogenous shock to the GDP growth rate initially causes a temporary decline in both GDP and PPPIE, albeit not statistically significant. However, in the long run, the shock becomes statistically significant, correlating with a negative decline in the GDP growth rate. This underscores the negative impact of external factors like the COVID-19 pandemic on the economic growth of ASEAN member countries. Specifically, a percentage increase in PPPIE leads to an 8.3% reduction in the GDP growth rate, revealing a detrimental and unsustainable impact on the economy. This signifies that energy investments in the ASEAN region, are predominantly unsustainable and adversely impact economic growth. Moreover, these energy investments contribute to a significant 52.6% increase in greenhouse gas emissions, indicating a substantial setback in the region’s progress towards meeting SDG7’s clean energy objectives by 2030. This suggests the present state of PPPIE does not align with sustainable clean energy goals of the region. Therefore, recommendations should include diversifying energy sources and investment strategies to enhance sustainable clean energy. Also, policymakers and researchers should reassess the terms and conditions of PPPIE, refining frameworks for private sector involvement to align with long-term economic sustainability goals.

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Section: Literature Reviewmentioning

confidence: 99%