| Title | Racing towards zero carbon: Unraveling the interplay between natural resource rents, green innovation, geopolitical risk and environmental pollution in BRICS countries |
|---|---|
| ID_Doc | 35409 |
| Authors | Zhao, YY; Wang, WJ; Liang, ZT; Luo, P |
| Title | Racing towards zero carbon: Unraveling the interplay between natural resource rents, green innovation, geopolitical risk and environmental pollution in BRICS countries |
| Year | 2024 |
| Published | |
| Abstract | This study explores the intricate interplay between natural resource rents, green innovation, geopolitical risk, and environmental pollution, with a specific focus on the BRICS economies. Utilizing annual data spanning from 1990 to 2018 and employing the System GMM estimate method, the research uncovers both direct and indirect relationships among these variables in the context of rapid globalization, climatic challenges, and global conflicts. The empirical results underscore the pivotal role of green technology innovation in moderating the impact of geopolitical risks on CO2 emissions. While geopolitical risk directly augments emissions, the combined influence of green technology innovation and geopolitical risk on CO2 emissions is found to be negative. Furthermore, the study reveals that green innovation can counterbalance the environmental repercussions of natural resource rents, emphasizing the importance of transitioning towards cleaner and renewable energy sources. The research also suggests that economic growth, when coupled with green technological advancements, can pave the way for environmental sustainability in the BRICS nations. The findings advocate for pro-growth policies, bolstered research and development in ecofriendly technologies, and diplomatic endeavors to mitigate geopolitical risks, all aimed at achieving carbon neutrality by 2050. |
Similar Articles
| ID | Score | Article |
|---|---|---|
31295
|
Huang, JJ Resources, innovation, globalization, and green growth: The BRICS financial development strategy(2024)Geoscience Frontiers, 15, 2 | |
| 30664
|
Behera, B; Behera, P; Sucharita, S; Sethi, N Mitigating ecological footprint in BRICS countries: unveiling the role of disaggregated clean energy, green technology innovation and political stability(2024)Discover Sustainability, 5, 1 | |
| 32142
|
Udeagha, MC; Muchapondwa, E Striving for the United Nations (UN) sustainable development goals (SDGs) in BRICS economies: The role of green finance, fintech, and natural resource rent(2023)Sustainable Development, 31, 5 | |
| 30547
|
Khattak, SI; Khan, A; Hussain, K Green technology innovations, natural gas and resource extraction strategies in BRICS: Modeling impacts on CO2 emission intensity(2024) | |
| 31997
|
Zhang, X; Hasan, MM; Waris, U Assessing the nexus between natural resources and government effectiveness: Role of green innovation in shaping environmental sustainability of BRICS nations(2024) | |
| 32260
|
Udeagha, MC; Muchapondwa, E Green finance, fintech, and environmental sustainability: fresh policy insights from the BRICS nations(2023)International Journal Of Sustainable Development And World Ecology, 30, 6 | |
| 32480
|
Santra, S The effect of technological innovation on production-based energy and CO2 emission productivity: Evidence from BRICS countries(2017)African Journal Of Science Technology Innovation & Development, 9, 5 | |
| 35823
|
Zhang, JM; Yasin, I Greening the BRICS: How Green Innovation Mitigates Ecological Footprints in Energy-Hungry Economies(2024)Sustainability, 16, 10 | |
| 35702
|
Chen, R; Ramzan, M; Hafeez, M; Ullah, S Green innovation-green growth nexus in BRICS: Does financial globalization matter?(2023)Journal Of Innovation & Knowledge, 8, 1 | |
| 33666
|
Udeagha, MC; Ngepah, N Striving towards carbon neutrality target in BRICS economies: Assessing the implications of composite risk index, green innovation, and environmental policy stringency(2023)Sustainable Environment, 9.0, 1 |