Exploring the nexus among green finance, renewable energy and environmental sustainability: Evidence from OECD economies

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Exploring the nexus among green finance, renewable energy and environmental sustainability: Evidence from OECD economies

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Exploring the nexus among green finance, renewable energy and environmental sustainability: Evidence from OECD economies

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

RENEWABLE ENERGY

ISSN

0960-1481

e-ISSN

0960-1481

Svazek periodika

244

Číslo periodika v rámci svazku

neuvedeno

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

12

Strana od-do

1-12

Kód UT WoS článku

001430199100001

EID výsledku v databázi Scopus

2-s2.0-85217942320