Exploring the nexus among green finance, renewable energy and environmental sustainability: Evidence from OECD economies
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F25%3A106219" target="_blank" >RIV/60460709:41110/25:106219 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/abs/pii/S0960148125002514?getft_integrator=clarivate&pes=vor&utm_source=clarivate" target="_blank" >https://www.sciencedirect.com/science/article/abs/pii/S0960148125002514?getft_integrator=clarivate&pes=vor&utm_source=clarivate</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.renene.2025.122589" target="_blank" >10.1016/j.renene.2025.122589</a>
Alternative languages
Result language
angličtina
Original language name
Exploring the nexus among green finance, renewable energy and environmental sustainability: Evidence from OECD economies
Original language description
UN Sustainable Development Goals 13 and 7 on climate change mitigation and clean and responsible energy use serve as the driving forces behind this study. In the light of growing global concern, the current study seeks to evaluate the effect of renewable energy, green finance and institutional quality on carbon dioxide (CO2) emissions in the "Organization for Economic Co-operation and Development" (OECD) members from 2000 to 2022. To ascertain the impact of the relationship between these variables, the study employed the panel quantile autoregressive distributed lag (PQARDL). The cointegration test supports the validity of the long-term link between variables of the study. Apart from that, the estimated results have supported an inverted U-shaped link between CO2 and renewable energy over the long term in the median base (0.50) quantile group. These findings support the global sustainability agenda by illuminating the potential impact of robust institutional frameworks, renewable energy and sustainable finance practices on CO2 reductions. It also recommends that in order to achieve environmental sustainability and enhance environmental quality by lowering CO2, OECD policy maker should prioritize the use of renewable energy sources and high-quality institutions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
RENEWABLE ENERGY
ISSN
0960-1481
e-ISSN
0960-1481
Volume of the periodical
244
Issue of the periodical within the volume
neuvedeno
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
12
Pages from-to
1-12
UT code for WoS article
001430199100001
EID of the result in the Scopus database
2-s2.0-85217942320