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Title Gold mining, corporate business management, and green growth in Asia
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.
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