The role of financial development and globalization in the environment: Accounting ecological footprint indicators for selected one-belt-one-road initiative countries

Saud, Shah; Chen, Songsheng; Haseeb, Abdul; Sumayya,

doi:10.1016/j.jclepro.2019.119518

Cited by 402 publications

(201 citation statements)

References 55 publications

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“…Several studies have begun to use different analytical tools to assess the GHG emissions associated with the BRI. Panel data on Belt and Road countries have allowed researchers to explore the relationship between globalization and CO 2 emissions (Rauf et al 2020;Saud et al 2020;Zhang, Jin, and Shen 2018), generally finding an environmental Kuznets curve-type relationship between increased investment and trade and environmental impacts (Muhammad et al 2020;Rauf et al 2018). Although energy consumption and emissions in BRI countries are rising over time, both in absolute terms and in terms of intensity, China is on a path to achieving its emissions intensity targets (Fan et al 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries

Hou

Deng

Springer

et al. 2020

Ecosyst Health Sustain

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Introduction: The Belt and Road Initiative (BRI) is an important cooperative framework that increasingly affects the global economy, trade, and emission patterns. However, most existing studies pay insufficient attention to consumption-based emissions, embodied emissions, and non-CO2 greenhouse gases (GHGs). This study constructs a GHG emissions database to study the trends and variations in production-based, consumption-based, and embodied emissions associated with BRI countries. Outcome: We find that the per capita GHG emissions of BRI countries are lower than the global average but show significant variation within this group. We also find that trade-embodied emissions between BRI countries and China are growing. As a group, BRI countries are anet exporter of GHGs, with a global share of net export emissions of about 20%. In 2011, nearly 80% of GHG export emissions from BRI countries flowed to non-BRI countries, and nearly 15% flowed to China; about 57% of GHG import emissions were from non-BRI countries, and about 38% were from China. Conclusion: Therefore, this study concludes that the BRI should be used to coordinate climate governance to accelerate and strengthen the dissemination and deployment of low-emissions technologies, strategies, and policies within the BRI so as to avoid a carbon-intensive lock-in effect.

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Section: Literature Reviewmentioning

confidence: 99%

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries

Hou

Deng

Springer

et al. 2020

Ecosyst Health Sustain

View full text Add to dashboard Cite

show abstract

“…The main goal of the BRI is to achieve a harmonious state of the world, mutual solution of global problems, and mutual development of countries (Saud, Chen, & Haseeb, 2020;Swaine, 2015). In addition to the unambiguous advantages of the project, there are also significant disadvantages, but it is still quite difficult to talk about any exact consequences, because the topic is still relevant and is in the process of its implementation.…”

Section: Russia and Chinamentioning

confidence: 99%

China's Belt And Road Initiative As Eurasian Integration Project: Pros And Cons

Lebedintseva¹

2020

European Proceedings of Social and Behavioural Sciences

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“…In a wider viewpoint, the EP has been explored together with other economic indicators such as financial development, renewable energy, and economic growth (Kirikaleli et al 2020;Saud et al 2020;Ahmed et al 2021;Ahmed et al 2019;Kassouri and Altıntaş, 2020;Langnel & Amegavi, 2020;Ansari et al 2020). For instance, Saud et al (2020), andAnsari et al (2020) found a negative association between EP and GDP, while Rudolph and Figge (2017), Ahmed et al (2019), Kirikkaleli et al (2020), and found positive interconnection between EP and GDP. Regarding the link between EP and renewable energy, Danish & Khan (2019), Charfeddine (2017), and established a negative relationship between renewable energy and EP.…”

Section: Introductionmentioning

confidence: 99%

Ecological Footprint, Public-Private Partnership Investment in Energy and Financial Development in Brazil: A Gradual Shift Causality Approach

Akinsola

Awosusi

Kırıkkaleli

et al. 2021

Preprint

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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 role of financial development and globalization in the environment: Accounting ecological footprint indicators for selected one-belt-one-road initiative countries

Cited by 402 publications

References 55 publications

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries

China's Belt And Road Initiative As Eurasian Integration Project: Pros And Cons

Ecological Footprint, Public-Private Partnership Investment in Energy and Financial Development in Brazil: A Gradual Shift Causality Approach

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The role of financial development and globalization in the environment: Accounting ecological footprint indicators for selected one-belt-one-road initiative countries

Cited by 402 publications

References 55 publications

A global analysis of CO 2 and non-CO 2 GHG emissions embodied in trade with Belt and Road Initiative countries

A global analysis of CO 2 and non-CO 2 GHG emissions embodied in trade with Belt and Road Initiative countries

China's Belt And Road Initiative As Eurasian Integration Project: Pros And Cons

Ecological Footprint, Public-Private Partnership Investment in Energy and Financial Development in Brazil: A Gradual Shift Causality Approach

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Product

Resources

About

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries

A global analysis of CO ₂ and non-CO ₂ GHG emissions embodied in trade with Belt and Road Initiative countries