Striving towards carbon neutrality target in BRICS economies: Assessing the implications of composite risk index, green innovation, and environmental policy stringency

References

• Abid, N., Ceci, F., Ahmad, F., & Aftab, J. (2022). Financial development and green innovation, the ultimate solutions to an environmentally sustainable society: Evidence from leading economies. Journal of Cleaner Production, 369, 133223. https://doi.org/10.1016/j.jclepro.2022.133223
   Google Scholar
• Adebayo, T. S. (2022). Renewable energy consumption and environmental sustainability in Canada: Does political stability make a difference? Environmental Science and Pollution Research, 29(40), 61307–26. https://doi.org/10.1007/s11356-022-20008-4
   PubMed Web of Science ®Google Scholar
• Adebayo, T. S., Akadiri, S. S., Akanni, E. O., & Sadiq-Bamgbopa, Y. (2022). Does political risk drive environmental degradation in BRICS countries? Evidence from method of moments quantile regression. Environmental Science and Pollution Research, 29(21), 32287–32297. https://doi.org/10.1007/s11356-022-20002-w
   PubMed Web of Science ®Google Scholar
• Ahmad, M., Jiang, P., Murshed, M., Shehzad, K., Akram, R., Cui, L., & Khan, Z. (2021). Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter? Sustainable Cities and Society, 70, 102881. https://doi.org/10.1016/j.scs.2021.102881
   Web of Science ®Google Scholar
• Ahmad, M., Muslija, A., & Satrovic, E. (2021). Does economic prosperity lead to environmental sustainability in developing economies? Environmental Kuznets curve theory. Environmental Science and Pollution Research, 28(18), 22588–22601. https://doi.org/10.1007/s11356-020-12276-9
   PubMed Web of Science ®Google Scholar
• Ahmad, M., & Zheng, J. (2021). Do innovation in environmental-related technologies cyclically and asymmetrically affect environmental sustainability in BRICS nations? Technology in Society, 67, 101746. https://doi.org/10.1016/j.techsoc.2021.101746
   Web of Science ®Google Scholar
• Ahmed, Z., Caglar, A. E., & Murshed, M. (2022). A path towards environmental sustainability: The role of clean energy and democracy in ecological footprint of Pakistan. Journal of Cleaner Production, 358, 132007. https://doi.org/10.1016/j.jclepro.2022.132007
   Web of Science ®Google Scholar
• Alharthi, M., Dogan, E., & Taskin, D. (2021). Analysis of CO2 emissions and energy consumption by sources in MENA countries: Evidence from quantile regressions. Environmental Science and Pollution Research, 28(29), 38901–38908. https://doi.org/10.1007/s11356-021-13356-0
   PubMed Web of Science ®Google Scholar
• Ali, S., Dogan, E., Chen, F., & Khan, Z. (2021). International trade and environmental performance in top ten‐emitters countries: The role of eco‐innovation and renewable energy consumption. Sustainable Development, 29(2), 378–387. https://doi.org/10.1002/sd.2153
   Web of Science ®Google Scholar
• Amin, N., Shabbir, M. S., Song, H., Farrukh, M. U., Iqbal, S., & Abbass, K. (2023). A step towards environmental mitigation: Do green technological innovation and institutional quality make a difference? Technological Forecasting and Social Change, 190, 122413. https://doi.org/10.1016/j.techfore.2023.122413
   Web of Science ®Google Scholar
• Anser, M. K., Usman, M., Godil, D. I., Shabbir, M. S., Sharif, A., Tabash, M. I., & Lopez, L. B. (2021). Does globalization affect the green economy and environment? The relationship between energy consumption, carbon dioxide emissions, and economic growth. Environmental Science and Pollution Research, 28(37), 51105–51118. https://doi.org/10.1007/s11356-021-14243-4
   PubMed Web of Science ®Google Scholar
• Ashraf, J. (2022a). Do political risk and globalization undermine environmental quality? Empirical evidence from Belt and Road Initiative (BRI) countries. Managerial and Decision Economics, 43(8), 3647–3664. https://doi.org/10.1002/mde.3620
   Web of Science ®Google Scholar
• Ashraf, J. (2022b). The spillover effects of political risk, financial risk, and economic freedom on ecological footprint: Empirical evidence from belt and road initiative countries. Borsa Istanbul Review, 22(5), 873–885. https://doi.org/10.1016/j.bir.2022.06.004
   Web of Science ®Google Scholar
• Ashraf, J. (2023). Does political risk undermine environment and economic development in Pakistan? Empirical evidence from China–Pakistan economic corridor. Economic Change and Restructuring, 56(1), 581–608. https://doi.org/10.1007/s10644-022-09434-z
   Web of Science ®Google Scholar
• Bölük, G., & Mert, M. (2014). Fossil & renewable energy consumption, GHGs (greenhouse gases) and economic growth: Evidence from a panel of EU (European Union) countries. Energy, 74, 439–446.
   Web of Science ®Google Scholar
• Campello, M., Galvao, A. F., & Juhl, T. (2019). Testing for slope heterogeneity bias in panel data models. Journal of Business & Economic Statistics, 37(4), 749–760. https://doi.org/10.1080/07350015.2017.1421545
   Web of Science ®Google Scholar
• Cheng, S., Fan, W., Meng, F., Chen, J., Liang, S., Song, M., Liu, G., & Casazza, M. (2020). Potential role of fiscal decentralization on interprovincial differences in CO2 emissions in China. Environmental Science & Technology, 55(2), 813–822. https://doi.org/10.1021/acs.est.0c04026
   PubMed Web of Science ®Google Scholar
• Chen, J., Wang, P., Cui, L., Huang, S., & Song, M. (2018). Decomposition and decoupling analysis of CO2 emissions in OECD. Applied Energy, 231, 937–950.
   Web of Science ®Google Scholar
• Chudik, A., & Pesaran, M. H. (2015). Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors. Journal of Econometrics, 188(2), 393–420. https://doi.org/10.1016/j.jeconom.2015.03.007
   Web of Science ®Google Scholar
• Chu, L. K., & Tran, T. H. (2022). The nexus between environmental regulation and ecological footprint in OECD countries: Empirical evidence using panel quantile regression. Environmental Science and Pollution Research, 29(33), 1–24. https://doi.org/10.1007/s11356-022-19221-y
   PubMedGoogle Scholar
• Çoban, S., & Topcu, M. (2013). The nexus between financial development and energy consumption in the EU: A dynamic panel data analysis. Energy Economics, 39, 81–88.
   Web of Science ®Google Scholar
• Danish. (2020). Moving toward sustainable development: The relationship between water productivity, natural resource rent, international trade, and carbon dioxide emissions. Sustainable Development, 28(4), 540–549. https://doi.org/10.1002/sd.2007
   Web of Science ®Google Scholar
• Dauda, L., Long, X., Mensah, C. N., Salman, M., Boamah, K. B., Ampon-Wireko, S., & Dogbe, C. S. K. (2021). Innovation, trade openness and CO2 emissions in selected countries in Africa. Journal of Cleaner Production, 281, 125143. https://doi.org/10.1016/j.jclepro.2020.125143
   Web of Science ®Google Scholar
• Deng, H., Zhang, W., & Liu, D. (2023). Does carbon emission trading system induce enterprises’ green innovation? Journal of Asian Economics, 86, 101597. https://doi.org/10.1016/j.asieco.2023.101597
   Web of Science ®Google Scholar
• Dietz, T., & Rosa, E. A. (1994). Rethinking the environmental impacts of population, affluence and technology. Human Ecology Review, 1(2), 277–300.
   Google Scholar
• Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29(4), 1450–1460. https://doi.org/10.1016/j.econmod.2012.02.014
   Web of Science ®Google Scholar
• Erdogan, S. (2021). Dynamic nexus between technological innovation and building sector carbon emissions in the BRICS countries. Journal of Environmental Management, 293, 112780. https://doi.org/10.1016/j.jenvman.2021.112780
   PubMed Web of Science ®Google Scholar
• Fang, Z. (2023). Assessing the impact of renewable energy investment, green technology innovation, and industrialization on sustainable development: A case study of China. Renewable Energy, 205, 772–782. https://doi.org/10.1016/j.renene.2023.01.014
   Web of Science ®Google Scholar
• Feng, Y., Wang, X., Du, W., Wu, H., & Wang, J. (2019). Effects of environmental regulation and FDI on urban innovation in China: A spatial Durbin econometric analysis. Journal of Cleaner Production, 235, 210–224. https://doi.org/10.1016/j.jclepro.2019.06.184
   Web of Science ®Google Scholar
• Fu, G., & Zhu, S. (2023). Innovation, financial risk and natural resources for sustainable development: Fresh evidence from BRICS economies. Resources Policy, 80, 103252. https://doi.org/10.1016/j.resourpol.2022.103252
   Web of Science ®Google Scholar
• Galeotti, M., Salini, S., & Verdolini, E. (2020). Measuring environmental policy stringency: Approaches, validity, and impact on environmental innovation and energy efficiency. Energy Policy, 136, 111052. https://doi.org/10.1016/j.enpol.2019.111052
   Web of Science ®Google Scholar
• Guo, J., Zhou, Y., Ali, S., Shahzad, U., & Cui, L. (2021). Exploring the role of green innovation and investment in energy for environmental quality: An empirical appraisal from provincial data of China. Journal of Environmental Management, 292, 112779. https://doi.org/10.1016/j.jenvman.2021.112779
   PubMed Web of Science ®Google Scholar
• Hao, Y., & Chen, P. (2023). Do renewable energy consumption and green innovation help to curb CO2 emissions? Evidence from E7 countries. Environmental Science and Pollution Research, 30(8), 21115–21131. https://doi.org/10.1007/s11356-022-23723-0
   PubMed Web of Science ®Google Scholar
• Huang, Y., Ahmad, M., Ali, S., & Kirikkaleli, D. (2022). Does eco-innovation promote cleaner energy? Analyzing the role of energy price and human capital. Energy, 239, 122268. https://doi.org/10.1016/j.energy.2021.122268
   Web of Science ®Google Scholar
• Ibrahim, R. L. (2022a). Beyond COP26: Can income level moderate fossil fuels, carbon emissions, and human capital for healthy life expectancy in Africa? Environmental Science and Pollution Research, 29(58), 87568–87582. https://doi.org/10.1007/s11356-022-21872-w
   PubMed Web of Science ®Google Scholar
• Ibrahim, R. L. (2022b). Post-COP26: Can energy consumption, resource dependence, and trade openness promote carbon neutrality? Homogeneous and heterogeneous analyses for G20 countries. Environmental Science and Pollution Research, 29(57), 86759–86770. https://doi.org/10.1007/s11356-022-21855-x
   PubMed Web of Science ®Google Scholar
• Ibrahim, R. L., Ajide, K. B., Usman, M., & Kousar, R. (2022). Heterogeneous effects of renewable energy and structural change on environmental pollution in Africa: Do natural resources and environmental technologies reduce pressure on the environment? Renewable Energy, 200, 244–256. https://doi.org/10.1016/j.renene.2022.09.134
   Web of Science ®Google Scholar
• Ibrahim, R. L., Al-Mulali, U., Ozturk, I., Bello, A. K., & Raimi, L. (2022). On the criticality of renewable energy to sustainable development: Do green financial development, technological innovation, and economic complexity matter for China? Renewable Energy, 199, 262–277. https://doi.org/10.1016/j.renene.2022.08.101
   Web of Science ®Google Scholar
• Ibrahim, R. L., Huang, Y., Mohammed, A., & Adebayo, T. S. (2022). Natural resources-sustainable environment conflicts amidst COP26 resolutions: Investigating the role of renewable energy, technology innovations, green finance, and structural change. International Journal of Sustainable Development & World Ecology, 30(4), 1–13. https://doi.org/10.1080/13504509.2022.2162147
   Web of Science ®Google Scholar
• Ibrahim, R. L., & Mohammed, A. (2023). On energy transition-led sustainable environment in COP26 era: Policy implications from tourism, transportation services, and technological innovations for Gulf countries. Environmental Science and Pollution Research, 30(6), 14663–14679. https://doi.org/10.1007/s11356-022-23165-8
   PubMed Web of Science ®Google Scholar
• Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53–74. https://doi.org/10.1016/S0304-4076(03)00092-7
   Web of Science ®Google Scholar
• Işık, C., Ongan, S., & Özdemir, D. (2019). Testing the EKC hypothesis for ten US states: An application of heterogeneous panel estimation method. Environmental Science and Pollution Research, 26(11), 10846–10853. https://doi.org/10.1007/s11356-019-04514-6
   PubMed Web of Science ®Google Scholar
• Kampas, A., Czech, K., & Rozakis, S. (2021) Do globalisation and environmental policy stringency affect the environmental terms of trade? Evidence from the V4 countries (No. 2021-1)
   Google Scholar
• Kao, C., Chiang, M. H., & Chen, B. (1999). International R&D spillovers: An application of estimation and inference in panel cointegration. Oxford Bulletin of Economics and Statistics, 61(S1), 691–709. https://doi.org/10.1111/1468-0084.61.s1.16
   Google Scholar
• Karhunmaa, K. (2019). Attaining carbon neutrality in Finnish parliamentary and city council debates. Futures, 109, 170–180. https://doi.org/10.1016/j.futures.2018.10.009
   Web of Science ®Google Scholar
• Kartal, M. T., Kılıç Depren, S., & Kirikkaleli, D. (2023). Asymmetric effect of political stability on production-based CO2 emissions in the UK: Long-run evidence from nonlinear ARDL and frequency domain causality. Environmental Science and Pollution Research, 30(12), 33886–33897. https://doi.org/10.1007/s11356-022-24550-z
   PubMed Web of Science ®Google Scholar
• Khan, Z., Murshed, M., Dong, K., & Yang, S. (2021). The roles of export diversification and composite country risks in carbon emissions abatement: Evidence from the signatories of the regional comprehensive economic partnership agreement. Applied Economics, 53(41), 4769–4787. https://doi.org/10.1080/00036846.2021.1907289
   Web of Science ®Google Scholar
• Khan, H., Weili, L., & Khan, I. (2022). Environmental innovation, trade openness and quality institutions: An integrated investigation about environmental sustainability. Environment, Development and Sustainability, 24(3), 3832–3862. https://doi.org/10.1007/s10668-021-01590-y
   Web of Science ®Google Scholar
• Khan, S. A. R., Yu, Z., Belhadi, A., & Mardani, A. (2020). Investigating the effects of renewable energy on international trade and environmental quality. Journal of Environmental Management, 272, 111089. https://doi.org/10.1016/j.jenvman.2020.111089
   PubMed Web of Science ®Google Scholar
• Khattak, S. I., Ahmad, M., Ul Haq, Z., Shaofu, G., & Hang, J. (2022). On the goals of sustainable production and the conditions of environmental sustainability: Does cyclical innovation in green and sustainable technologies determine carbon dioxide emissions in G-7 economies. Sustainable Production and Consumption, 29, 406–420. https://doi.org/10.1016/j.spc.2021.10.022
   Web of Science ®Google Scholar
• Kirikkaleli, D., Shah, M. I., Adebayo, T. S., & Altuntaş, M. (2022). Does political risk spur environmental issues in China? Environmental Science and Pollution Research, 29(41), 62637–62647. https://doi.org/10.1007/s11356-022-19951-z
   PubMed Web of Science ®Google Scholar
• Kongbuamai, N., Bui, Q., & Nimsai, S. (2021). The effects of renewable and non-renewable energy consumption on the ecological footprint: The role of environmental policy in BRICS countries. Environmental Science and Pollution Research, 28(22), 27885–27899. https://doi.org/10.1007/s11356-021-12551-3
   PubMed Web of Science ®Google Scholar
• Lin, B., & Ma, R. (2022). Green technology innovations, urban innovation environment and CO2 emission reduction in China: Fresh evidence from a partially linear functional-coefficient panel model. Technological Forecasting and Social Change, 176, 121434. https://doi.org/10.1016/j.techfore.2021.121434
   Web of Science ®Google Scholar
• Li, S., Samour, A., Irfan, M., & Ali, M. (2023). Role of renewable energy and fiscal policy on trade adjusted carbon emissions: Evaluating the role of environmental policy stringency. Renewable Energy, 205, 156–165. https://doi.org/10.1016/j.renene.2023.01.047
   Web of Science ®Google Scholar
• Li, J., Zhang, X., Ali, S., & Khan, Z. (2020). Eco-innovation and energy productivity: New determinants of renewable energy consumption. Journal of Environmental Management, 271, 111028.
   PubMed Web of Science ®Google Scholar
• Mehmood, U. (2023). Analyzing the role of political risk, GDP, and Eco-Innovations Towards CO2 Emissions in South Asian Countries. Journal of the Knowledge Economy, 1–15. https://doi.org/10.1007/s13132-023-01292-y
   Web of Science ®Google Scholar
• Mensah, C. N., Long, X., Boamah, K. B., Bediako, I. A., Dauda, L., & Salman, M. (2018). The effect of innovation on CO2 emissions of OCED countries from 1990 to 2014. Environmental Science and Pollution Research, 25(29), 29678–29698. https://doi.org/10.1007/s11356-018-2968-0
   PubMed Web of Science ®Google Scholar
• Minlah, M. K., & Zhang, X. (2021). Testing for the existence of the Environmental Kuznets Curve (EKC) for CO 2 emissions in Ghana: Evidence from the bootstrap rolling window Granger causality test. Environmental Science and Pollution Research, 28(2), 2119–2131. https://doi.org/10.1007/s11356-020-10600-x
   PubMed Web of Science ®Google Scholar
• Murshed, M. (2021). LPG the LPG consumption and environmental Kuznets curve hypothesis in South Asia is time-series ARDL analysis with multiple structural breaks. Environmental Science and Pollution Research, 28(7), 8337–8372. https://doi.org/10.1007/s11356-020-10701-7
   PubMed Web of Science ®Google Scholar
• Nasir, M. A., Canh, N. P., & Le, T. N. L. (2021). Environmental degradation & role of financialisation, economic development, industrialisation and trade liberalisation. Journal of environmental management, 277, 111471.
   PubMed Web of Science ®Google Scholar
• Nathaniel, S. P., Murshed, M., & Bassim, M. (2021). The nexus between economic growth, energy use, international trade and ecological footprints: The role of environmental regulations in N11 countries. Energy, Ecology and Environment, 6(6), 496–512. https://doi.org/10.1007/s40974-020-00205-y
   Google Scholar
• Neves, S. A., Marques, A. C., & Patrício, M. (2020). Determinants of CO2 emissions in European Union countries: Does environmental regulation reduce environmental pollution? Econ. Economic Analysis and Policy, 68, 114–125. https://doi.org/10.1016/j.eap.2020.09.005
   Web of Science ®Google Scholar
• Ngepah, N., & Udeagha, M. C. (2018). African regional trade agreements and intra-African trade. Journal of Economic Integration, 33(1), 1176–1199. https://doi.org/10.11130/jei.2018.33.1.1176
   Web of Science ®Google Scholar
• Ngepah, N., & Udeagha, M. C. (2019). Supplementary trade benefits of multi-memberships in African regional trade agreements. Journal of African Business, 20(4), 505–524. https://doi.org/10.1080/15228916.2019.1584719
   Web of Science ®Google Scholar
• Omokanmi, O. J., Ibrahim, R. L., Ajide, K. B., & Al-Faryan, M. A. S. (2022). Exploring the dynamic impacts of natural resources and environmental pollution on longevity in resource-dependent African countries: Does income level matter? Resources Policy, 79, 102959. https://doi.org/10.1016/j.resourpol.2022.102959
   Web of Science ®Google Scholar
• Onifade, S. T., Bekun, F. V., Phillips, A., & Altuntaş, M. (2022). How do technological innovation and renewables shape environmental quality advancement in emerging economies: An exploration of the E7 bloc? Sustainable Development, 30(6), 2002–2014. https://doi.org/10.1002/sd.2366
   Web of Science ®Google Scholar
• Ozturk, I., & Al-Mulali, U. (2015). Investigating the validity of the environmental Kuznets curve hypothesis in Cambodia. Ecological indicators, 57, 324–330.
   Web of Science ®Google Scholar
• Pao, H. T., & Tsai, C. M. (2011). Multivariate Granger causality between CO2 emissions, energy consumption, FDI and GDP: Evidence from a panel of BRIC countries. Energy, 36(1), 685–693.
   Web of Science ®Google Scholar
• Paramati, S. R., Mo, D., & Huang, R. (2021). The role of financial deepening and green technology on carbon emissions: Evidence from major OECD economies. Finance Research Letters, 41, 101794. https://doi.org/10.1016/j.frl.2020.101794
   Web of Science ®Google Scholar
• Pata, U. K., & Caglar, A. E. (2021). Investigating the EKC hypothesis with renewable energy consumption, human capital, globalization and trade openness for China: Evidence from augmented ARDL approach with a structural break. Energy, 216, 119220. https://doi.org/10.1016/j.energy.2020.119220
   Web of Science ®Google Scholar
• Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross‐section dependence. Journal of Applied Econometrics, 22(2), 265–312. https://doi.org/10.1002/jae.951
   Web of Science ®Google Scholar
• Pesaran, M., & Smith, R. (2004). General diagnostic test for cross sectional independence in panel. Journal of Econometrics, 68(1), 79–113. https://doi.org/10.1016/0304-4076(94)01644-F
   Google Scholar
• Pesaran, M. H., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50–93. https://doi.org/10.1016/j.jeconom.2007.05.010
   Web of Science ®Google Scholar
• Pham, N. M., Huynh, T. L. D., & Nasir, M. A. (2020). Environmental consequences of population, affluence and technological progress for European countries: A Malthusian view. Journal of environmental management, 260, 110143.
   PubMed Web of Science ®Google Scholar
• Ponce, P., & Khan, S. A. R. (2021). A causal link between renewable energy, energy efficiency, property rights, and CO2 emissions in developed countries: A road map for environmental sustainability. Environmental Science and Pollution Research, 28(28), 37804–37817. https://doi.org/10.1007/s11356-021-12465-0
   PubMed Web of Science ®Google Scholar
• Porter, M. E. (1996). Competitive advantage, agglomeration economies, and regional policy. International Regional Science Review, 19(1–2), 85–90. https://doi.org/10.1177/016001769601900208
   Web of Science ®Google Scholar
• Porter, M. E., & Linde, C. V. D. (1995). Toward a new conception of the environment-competitiveness relationship. Journal of Economic Perspectives, 9(4), 97–118. https://doi.org/10.1257/jep.9.4.97
   Web of Science ®Google Scholar
• Qin, L., Kirikkaleli, D., Hou, Y., Miao, X., & Tufail, M. (2021). Carbon neutrality target for G7 economies: Examining the role of environmental policy, green innovation and composite risk index. Journal of Environmental Management, 295, 113119. https://doi.org/10.1016/j.jenvman.2021.113119
   PubMed Web of Science ®Google Scholar
• Rafique, M. Z., Fareed, Z., Ferraz, D., Ikram, M., & Huang, S. (2022). Exploring the heterogenous impacts of environmental taxes on environmental footprints: An empirical assessment from developed economies. Energy, 238, 121753. https://doi.org/10.1016/j.energy.2021.121753
   Web of Science ®Google Scholar
• Razzaq, A., Fatima, T., & Murshed, M. (2023). Asymmetric effects of tourism development and green innovation on economic growth and carbon emissions in Top 10 GDP Countries. Journal of Environmental Planning and Management, 66(3), 471–500. https://doi.org/10.1080/09640568.2021.1990029
   Web of Science ®Google Scholar
• Salim, R., Yao, Y., & Chen, G. S. (2017). Does human capital matter for energy consumption in China? Energy Economics, 67, 49–59. https://doi.org/10.1016/j.eneco.2017.05.016
   Web of Science ®Google Scholar
• Schumpeter, J. A. (1942). Capitalism, socialism, and democracy. Harper and Brothers.
   Google Scholar
• Shahbaz, M., Shahzad, S. J. H., Ahmad, N., & Alam, S. (2016). Financial Development and Environmental Quality: The Way Forward. Energy Policy, 98, 353–364. https://doi.org/10.1016/j.enpol.2016.09.002
   Web of Science ®Google Scholar
• Shah, M. I., Usman, M., Obekpa, H. O., & Abbas, S. (2023). Nexus between environmental vulnerability and agricultural productivity in BRICS: What are the roles of renewable energy, environmental policy stringency, and technology? Environmental Science and Pollution Research, 30(6), 15756–15774. https://doi.org/10.1007/s11356-022-23179-2
   PubMed Web of Science ®Google Scholar
• Shan, S., Genç, S. Y., Kamran, H. W., & Dinca, G. (2021). Role of green technology innovation and renewable energy in carbon neutrality: A sustainable investigation from Turkey. Journal of Environmental Management, 294, 113004. https://doi.org/10.1016/j.jenvman.2021.113004
   PubMed Web of Science ®Google Scholar
• Shao, X., Zhong, Y., Liu, W., & Li, R. Y. M. (2021). Modeling the effect of green technology innovation and renewable energy on carbon neutrality in N-11 countries: Evidence from advance panel estimations. Journal of Environmental Management, 296, 113189. https://doi.org/10.1016/j.jenvman.2021.113189
   PubMed Web of Science ®Google Scholar
• Sharif, A., Kocak, S., Khan, H. H. A., Uzuner, G., & Tiwari, S. (2023). Demystifying the links between green technology innovation, economic growth, and environmental tax in ASEAN-6 countries: The dynamic role of green energy and green investment. Gondwana Research, 115, 98–106. https://doi.org/10.1016/j.gr.2022.11.010
   Web of Science ®Google Scholar
• Shen, J., Ridwan, L. I., Raimi, L., & Al-Faryan, M. A. S. (2023). Recent developments in green hydrogen–environmental sustainability nexus amidst energy efficiency, green finance, eco-innovation, and digitalization in top hydrogen-consuming economies. Energy & Environment, 0958305X(231153936), 0958305X2311539. https://doi.org/10.1177/0958305X231153936
   Google Scholar
• Sohag, K., Kalugina, O., & Samargandi, N. (2019). Re-visiting environmental Kuznets curve: Role of scale, composite, and technology factors in OECD countries. Environmental Science and Pollution Research, 26(27), 27726–27737. https://doi.org/10.1007/s11356-019-05965-7
   PubMed Web of Science ®Google Scholar
• Sohag, K., Mariev, O., & Davidson, N. (2021). Revising environmental Kuznets curve in Russian regions: Role of environmental policy stringency. Environmental Science and Pollution Research, 28(38), 52873–52886. https://doi.org/10.1007/s11356-021-14515-z
   PubMed Web of Science ®Google Scholar
• Suki, N. M., Suki, N. M., Afshan, S., Sharif, A., Kasim, M. A., & Hanafi, S. R. M. (2022). How does green technology innovation affect green growth in ASEAN-6 countries? Evidence from advance panel estimations. Gondwana Research, 111, 165–173. https://doi.org/10.1016/j.gr.2022.06.019
   Web of Science ®Google Scholar
• Su, Z. W., Umar, M., Kirikkaleli, D., & Adebayo, T. S. (2021). Role of political risk to achieve carbon neutrality: Evidence from Brazil. Journal of Environmental Management, 298, 113463. https://doi.org/10.1016/j.jenvman.2021.113463
   PubMed Web of Science ®Google Scholar
• Tamazian, A., Chousa, J. P., & Vadlamannati, K. C. (2009). Does higher economic and financial development lead to environmental degradation: Evidence from BRIC countries. Energy Policy, 37(1), 246–253.
   Web of Science ®Google Scholar
• Tedino, V. (2017). Environmental impact of economic growth in BRICS. Undergrad. Honor. Theses, Univ. Color.
   Google Scholar
• Temesgen Hordofa, T., Minh Vu, H., Maneengam, A., Mughal, N., The Cong, P., & Liying, S. (2023). Does eco-innovation and green investment limit the CO2 emissions in China? Economic Research-Ekonomska Istraživanja, 36(1), 1–16. https://doi.org/10.1080/1331677X.2022.2116067
   Web of Science ®Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2021). Estimating the trade-environmental quality relationship in SADC with a dynamic heterogeneous panel model. African Review of Economics and Finance, 13(1), 113–165.
   Web of Science ®Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2023a). Can fiscal decentralization be the route to the race to zero emissions in South Africa? Fresh policy insights from novel dynamic autoregressive distributed lag simulations approach. Environmental Science and Pollution Research, 30(16), 1–29. https://doi.org/10.1007/s11356-023-25306-z
   PubMed Web of Science ®Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2023b). Exploring the moderating role of financial development in environmental Kuznets curve for South Africa: Fresh evidence from the novel dynamic ARDL simulations approach. Financial Innovation, 9(1), 5. https://doi.org/10.1186/s40854-022-00396-9
   Web of Science ®Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2023c). On the asymmetric effects of trade openness on CO2 emissions in SADC with a nonlinear ARDL approach. Discover Sustainability, 4(1), 2. https://doi.org/10.1007/s43621-022-00117-3
   Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2023d). Revisiting the nexus between fiscal decentralization and CO2 emissions in South Africa: Fresh policy insights. Financial Innovation, 9(1), 50. https://doi.org/10.1186/s40854-023-00453-x
   PubMed Web of Science ®Google Scholar
• Udeagha, M. C., & Breitenbach, M. C. (2023e). The role of financial development in climate change mitigation: Fresh policy insights from South Africa. Biophysical Economics and Sustainability, 8(1), 1. https://doi.org/10.1007/s41247-023-00110-y
   Google Scholar
• Udeagha, M. C., & Muchapondwa, E. (2022a). Environmental sustainability in South Africa: Understanding the criticality of economic policy uncertainty, fiscal decentralization, and green innovation. Sustainable Development, 1–14. https://doi.org/10.1002/sd.2473
   Google Scholar
• Udeagha, M. C., & Muchapondwa, E. (2022b). Investigating the moderating role of economic policy uncertainty in environmental Kuznets curve for South Africa: Evidence from the novel dynamic ARDL simulations approach. Environmental Science and Pollution Research, 29(51), 77199–77237. https://doi.org/10.1007/s11356-022-21107-y
   PubMed Web of Science ®Google Scholar
• Udeagha, M. C., & Muchapondwa, E. (2023a). Achieving regional sustainability and carbon neutrality target in BRICS economies: Understanding the importance of fiscal decentralization, export diversification and environmental innovation. Sustainable Development, 1–15. https://doi.org/10.1002/sd.2535
   Web of Science ®Google Scholar
• Udeagha, M. C., & Muchapondwa, E. (2023b). Green finance, fintech, and environmental sustainability: Fresh policy insights from the BRICS nations. International Journal of Sustainable Development & World Ecology, 1–17. https://doi.org/10.1080/13504509.2023.2183526
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2019). Revisiting trade and environment nexus in South Africa: Fresh evidence from new measure. Environmental Science and Pollution Research, 26(28), 29283–29306. https://doi.org/10.1007/s11356-019-05944-y
   PubMed Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2020). Trade liberalization and the geography of industries in South Africa: Fresh evidence from a new measure. International Journal of Urban Sciences, 24(3), 354–396. https://doi.org/10.1080/12265934.2019.1695652
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2021). The asymmetric effect of trade openness on economic growth in South Africa: A nonlinear ARDL approach. Economic Change and Restructuring, 54(2), 491–540. https://doi.org/10.1007/s10644-020-09285-6
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2022a). The asymmetric effect of technological innovation on CO2 emissions in South Africa: New evidence from the QARDL approach. Frontiers in Environmental Science, 10, 985719. https://doi.org/10.3389/fenvs.2022.985719
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2022b). Disaggregating the environmental effects of renewable and non-renewable energy consumption in South Africa: Fresh evidence from the novel dynamic ARDL simulations approach. Economic Change and Restructuring, 55(3), 1767–1814. https://doi.org/10.1007/s10644-021-09368-y
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2022c). Does trade openness mitigate the environmental degradation in South Africa? Environmental Science and Pollution Research, 29(13), 19352–19377. https://doi.org/10.1007/s11356-021-17193-z
   PubMed Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2022d). Dynamic ARDL simulations effects of fiscal decentralization, green technological innovation, trade openness, and institutional quality on environmental sustainability: evidence from South Africa. Sustainability, 14(16), 10268. https://doi.org/10.3390/su141610268
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2023a). Can public–private partnership investment in energy (PPPI) mitigate CO2 emissions in South Africa? Fresh evidence from the novel dynamic ARDL simulations approach. Frontiers in Environmental Science, 10, 1044605. https://doi.org/10.3389/fenvs.2022.1044605
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. (2023b). Striving towards environmental sustainability in the BRICS economies: The combined influence of fiscal decentralization and environmental innovation. International Journal of Sustainable Development & World Ecology, 30(2), 111–125. https://doi.org/10.1080/13504509.2022.2123411
   Web of Science ®Google Scholar
• Udeagha, M. C., & Ngepah, N. N. (2021) A step towards environmental mitigation in South Africa: Does trade liberalisation really matter? fresh evidence from a novel dynamic ARDL Simulations Approach. Research Square.
   Google Scholar
• Usman, M., & Hammar, N. (2021). Dynamic relationship between technological innovations, financial development, renewable energy, and ecological footprint: Fresh insights based on the STIRPAT model for Asia Pacific Economic Cooperation countries. Environmental Science and Pollution Research, 28(12), 15519–15536. https://doi.org/10.1007/s11356-020-11640-z
   PubMed Web of Science ®Google Scholar
• van Vu, T., & Huang, D. C. (2020). Economic development, globalization, political risk and CO2 emission: The case of vietnam. The Journal of Asian Finance, Economics and Business, 7(12), 021. https://doi.org/10.13106/jafeb.2020.vol7.no12.021
   Web of Science ®Google Scholar
• Wang, Z., Chandavuth, Y., Zhang, B., Ahmed, Z., & Ahmad, M. (2023). Environmental degradation, renewable energy, and economic growth nexus: Assessing the role of financial and political risks. Journal of Environmental Management, 325, 116678. https://doi.org/10.1016/j.jenvman.2022.116678
   PubMed Web of Science ®Google Scholar
• Wang, C., Elfaki, K. E., Zhao, X., Shang, Y., & Khan, Z. (2022). International trade and consumption‐based carbon emissions: Does energy efficiency and financial risk ensure sustainable environment? Sustainable Development, 30(6), 1451–1461. https://doi.org/10.1002/sd.2320
   Web of Science ®Google Scholar
• Wang, P., Wu, W., Zhu, B., & Wei, Y. (2013). Examining the impact factors of energy-related CO2 emissions using the STIRPAT model in Guangdong Province, China. Applied Energy, 106, 65–71.
   Web of Science ®Google Scholar
• Westerlund, J. (2007). Testing for error correction in panel data. Oxford Bulletin of Economics and Statistics, 69(6), 709–748. https://doi.org/10.1111/j.1468-0084.2007.00477.x
   Web of Science ®Google Scholar
• Xu, L., Fan, M., Yang, L., & Shao, S. (2021). Heterogeneous green innovations and carbon emission performance: Evidence at China’s city level. Energy Economics, 99, 105269. https://doi.org/10.1016/j.eneco.2021.105269
   Web of Science ®Google Scholar
• Yao, Y., Ivanovski, K., Inekwe, J., & Smyth, R. (2019). Human capital and energy consumption: Evidence from OECD countries. Energy Economics, 84, 104534. https://doi.org/10.1016/j.eneco.2019.104534
   Web of Science ®Google Scholar
• Yeh, J. C., & Liao, C. H. (2017). Impact of population and economic growth on carbon emissions in Taiwan using an analytic tool STIRPAT. Sustainable Environment Research, 27(1), 41–48.
   Web of Science ®Google Scholar
• Yirong, Q. (2022). Does environmental policy stringency reduce CO2 emissions? Evidence from high-polluted economies. Journal of Cleaner Production, 341, 130648. https://doi.org/10.1016/j.jclepro.2022.130648
   Web of Science ®Google Scholar
• York, R., Rosa, E. A., & Dietz, T. (2003). STIRPAT, IPAT and ImPACT: Analytic tools for unpacking the driving forces of environmental impacts. Ecological Economics, 46(3), 351–365.
   Web of Science ®Google Scholar
• Yuan, B., Li, C., Yin, H., & Zeng, M. (2022). Green innovation and China’s CO2 emissions–the moderating effect of institutional quality. Journal of Environmental Planning and Management, 65(5), 877–906. https://doi.org/10.1080/09640568.2021.1915260
   Web of Science ®Google Scholar
• Yue, X. G., Liao, Y., Zheng, S., Shao, X., & Gao, J. (2021). The role of green innovation and tourism towards carbon neutrality in Thailand: Evidence from bootstrap ADRL approach. Journal of Environmental Management, 292, 112778. https://doi.org/10.1016/j.jenvman.2021.112778
   PubMed Web of Science ®Google Scholar
• Yu, Z., Ridwan, I. L., Khan, M., Tanveer, S. A. R., & Khan, S. A. R. (2023). Investigating the nexuses between transportation Infrastructure, renewable energy Sources, and economic Growth: Striving towards sustainable development. Ain Shams Engineering Journal, 14(2), 101843. https://doi.org/10.1016/j.asej.2022.101843
   Web of Science ®Google Scholar
• Zhang, Y. J. (2011). The impact of financial development on carbon emissions: An empirical analysis in China. Energy Policy, 39(4), 2197–2203. https://doi.org/10.1016/j.enpol.2011.02.026
   Web of Science ®Google Scholar
• Zhang, Q., Adebayo, T. S., Ibrahim, R. L., & Al-Faryan, M. A. S. (2022). Do the asymmetric effects of technological innovation amidst renewable and non-renewable energy make or mar carbon neutrality targets? International Journal of Sustainable Development & World Ecology, 30(1), 1–13. https://doi.org/10.1080/13504509.2022.2120559
   Web of Science ®Google Scholar
• Zhang, W., & Chiu, Y. B. (2020). Do country risks influence carbon dioxide emissions? A non-linear perspective. Energy, 206, 118048. https://doi.org/10.1016/j.energy.2020.118048
   Web of Science ®Google Scholar
• Zhang, G., Deng, N., Mou, H., Zhang, Z. G., & Chen, X. (2019). The impact of the policy and behavior of public participation on environmental governance performance: Empirical analysis based on provincial panel data in China. Energy Policy, 129, 1347–1354. https://doi.org/10.1016/j.enpol.2019.03.030
   Web of Science ®Google Scholar
• Zhang, C., & Lin, Y. (2012). Panel estimation for urbanization, energy consumption and CO2 emissions: A regional analysis in China. Energy Policy, 49, 488–498.
   Web of Science ®Google Scholar
• Zhang, K. M., & Wen, Z. G. (2008). Review and challenges of policies of environmental protection and sustainable development in China. Journal of Environmental Management, 88(4), 1249–1261. https://doi.org/10.1016/j.jenvman.2007.06.019
   PubMed Web of Science ®Google Scholar
• Zhou, D., Zhang, X., & Wang, X. (2020). Research on coupling degree and coupling path between China’s carbon emission efficiency and industrial structure upgrading. Environmental Science & Pollution Research, 27, 25149–25162.
   PubMed Web of Science ®Google Scholar
• Zhu, Y., Zhang, J., & Duan, C. (2023). How does green finance affect the low-carbon economy? Capital allocation, green technology innovation and industry structure perspectives. Economic Research-Ekonomska Istraživanja, 36(1), 3519–3541. https://doi.org/10.1080/1331677X.2022.2110138
   Google Scholar
• Zou, X., Yang, S., Ibrahim, R. L., & Al-Faryan, M. A. S. (2023). Probing the environmental impacts of structural transition and demographic mobility in Africa: Does technological innovation matter? Energy & Environment, 0958305X231153967. https://doi.org/10.1177/0958305X231153967
   Web of Science ®Google Scholar