Title | Gold mining, corporate business management, and green growth in Asia |
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ID_Doc | 30876 |
Authors | Zhao, ZH; Xing, ZJ |
Title | Gold mining, corporate business management, and green growth in Asia |
Year | 2024 |
Published | |
Abstract | This research delves into the impact of green growth and governance on gold mining in 17 major countries spanning the years 2000-2021. A 1% increase in the green growth index correlates with a 0.13% reduction in gold extraction, attributed to the adoption of sustainable practices and resource -efficient technologies. Similarly, a 1% uptick in the green governance index results in a significant 0.52% decrease in gold extraction. The study underscores that while increased investment in research and development (R&D) and patent applications contributes to higher extraction rates, relying solely on innovation may pose sustainability challenges. Policy recommendations advocate for prioritizing green growth, supporting eco-friendly startups, fostering innovation, establishing a green finance market, enhancing sustainable governance, and integrating green taxation into the gold mining sector. |