Green innovation, globalization, financial development, and CO2 emissions: the role of governance as a moderator in South Asian countries
The current study is designed to analyze the relationship between, environmental innovations, globalization, financial development, and CO 2 emissions in the South Asian region over the period of 1996 to 2019. In this regard, the role of governance is also incorporated as a moderator along with Envi...
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| Veröffentlicht in: | Environmental science and pollution research international 2023-04, Vol.30 (20), p.57358-57377 |
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| creator | Naz, Ayesha Aslam, Misbah |
| description | The current study is designed to analyze the relationship between, environmental innovations, globalization, financial development, and CO
2
emissions in the South Asian region over the period of 1996 to 2019. In this regard, the role of governance is also incorporated as a moderator along with Environmental Kuznets Curve (EKC) hypothesis. The sample size includes Bangladesh, India, Pakistan, Nepal, and Sri Lanka. The results of the robust least square show the validity of EKC in the sample countries. Environmental innovations show desirable results on CO
2
emissions, while globalization, financial development, and governance are increasing environmental degradation. The role of governance as a moderator is only effective and favorable with environmental innovation. However, in the case of globalization and financial development, governance appeared to be ineffective in lessening the rate of emissions; rather, it contributes to emissions. It clearly shows the missing link in formulating coherent policy to achieve sustainability targets. Therefore, it is desirable to improve the role of governance with respect to environmental policies not only to handle directly environmental issues but also indirectly while promoting the process of globalization and financial development. |
| doi_str_mv | 10.1007/s11356-023-26527-y |
| format | Article |
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2
emissions in the South Asian region over the period of 1996 to 2019. In this regard, the role of governance is also incorporated as a moderator along with Environmental Kuznets Curve (EKC) hypothesis. The sample size includes Bangladesh, India, Pakistan, Nepal, and Sri Lanka. The results of the robust least square show the validity of EKC in the sample countries. Environmental innovations show desirable results on CO
2
emissions, while globalization, financial development, and governance are increasing environmental degradation. The role of governance as a moderator is only effective and favorable with environmental innovation. However, in the case of globalization and financial development, governance appeared to be ineffective in lessening the rate of emissions; rather, it contributes to emissions. It clearly shows the missing link in formulating coherent policy to achieve sustainability targets. Therefore, it is desirable to improve the role of governance with respect to environmental policies not only to handle directly environmental issues but also indirectly while promoting the process of globalization and financial development.</description><identifier>ISSN: 1614-7499</identifier><identifier>ISSN: 0944-1344</identifier><identifier>EISSN: 1614-7499</identifier><identifier>DOI: 10.1007/s11356-023-26527-y</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Aquatic Pollution ; Atmospheric Protection/Air Quality Control/Air Pollution ; Carbon dioxide ; Carbon dioxide emissions ; Earth and Environmental Science ; Ecotoxicology ; Emissions ; Environment ; Environmental Chemistry ; Environmental degradation ; Environmental Health ; Environmental Kuznets curve ; Environmental policy ; Environmental science ; Globalization ; Green development ; Innovations ; Research Article ; Waste Water Technology ; Water Management ; Water Pollution Control</subject><ispartof>Environmental science and pollution research international, 2023-04, Vol.30 (20), p.57358-57377</ispartof><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2023. Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c352t-37a51d15adf53b2a746ea4513c857d0131719012f7caa2e37a20724f03acce223</citedby><cites>FETCH-LOGICAL-c352t-37a51d15adf53b2a746ea4513c857d0131719012f7caa2e37a20724f03acce223</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11356-023-26527-y$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11356-023-26527-y$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,780,784,27924,27925,41488,42557,51319</link.rule.ids></links><search><creatorcontrib>Naz, Ayesha</creatorcontrib><creatorcontrib>Aslam, Misbah</creatorcontrib><title>Green innovation, globalization, financial development, and CO2 emissions: the role of governance as a moderator in South Asian countries</title><title>Environmental science and pollution research international</title><addtitle>Environ Sci Pollut Res</addtitle><description>The current study is designed to analyze the relationship between, environmental innovations, globalization, financial development, and CO
2
emissions in the South Asian region over the period of 1996 to 2019. In this regard, the role of governance is also incorporated as a moderator along with Environmental Kuznets Curve (EKC) hypothesis. The sample size includes Bangladesh, India, Pakistan, Nepal, and Sri Lanka. The results of the robust least square show the validity of EKC in the sample countries. Environmental innovations show desirable results on CO
2
emissions, while globalization, financial development, and governance are increasing environmental degradation. The role of governance as a moderator is only effective and favorable with environmental innovation. However, in the case of globalization and financial development, governance appeared to be ineffective in lessening the rate of emissions; rather, it contributes to emissions. It clearly shows the missing link in formulating coherent policy to achieve sustainability targets. 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emissions in the South Asian region over the period of 1996 to 2019. In this regard, the role of governance is also incorporated as a moderator along with Environmental Kuznets Curve (EKC) hypothesis. The sample size includes Bangladesh, India, Pakistan, Nepal, and Sri Lanka. The results of the robust least square show the validity of EKC in the sample countries. Environmental innovations show desirable results on CO
2
emissions, while globalization, financial development, and governance are increasing environmental degradation. The role of governance as a moderator is only effective and favorable with environmental innovation. However, in the case of globalization and financial development, governance appeared to be ineffective in lessening the rate of emissions; rather, it contributes to emissions. It clearly shows the missing link in formulating coherent policy to achieve sustainability targets. Therefore, it is desirable to improve the role of governance with respect to environmental policies not only to handle directly environmental issues but also indirectly while promoting the process of globalization and financial development.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><doi>10.1007/s11356-023-26527-y</doi><tpages>20</tpages></addata></record> |
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| ispartof | Environmental science and pollution research international, 2023-04, Vol.30 (20), p.57358-57377 |
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| subjects | Aquatic Pollution Atmospheric Protection/Air Quality Control/Air Pollution Carbon dioxide Carbon dioxide emissions Earth and Environmental Science Ecotoxicology Emissions Environment Environmental Chemistry Environmental degradation Environmental Health Environmental Kuznets curve Environmental policy Environmental science Globalization Green development Innovations Research Article Waste Water Technology Water Management Water Pollution Control |
| title | Green innovation, globalization, financial development, and CO2 emissions: the role of governance as a moderator in South Asian countries |
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