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Purpose This study aims to consider environmental sustainability, a global challenge under the preview of sustainable development goals, highlighting the significance of knowledge economy in attaining sustainable aggregate demand behavior globally. For this purpose, 155 countries that have data available from 1995 to 2021 were selected. The purpose of selecting these countries is to test the global responsibility of the knowledge economy to attain environmental sustainability. Design/methodology/approach Results are estimated with the help of panel quantile regression. The empirical existence of aggregate demand-based environmental Kuznets curve (EKC) was tested using non-linear tests. Moreover, principal component analysis has been incorporated to construct the knowledge economy index. Findings U-shaped aggregate demand-based EKC at global level is validated. However, environmental deterioration increases with an additional escalation after US$497.945m in aggregate demand. As a determinant, the knowledge economy is reducing CO2 emissions. The knowledge economy has played a significant role in global responsibility, shifting the EKC downward and extending the CO2 reduction phase for every selected country. Further, urbanization, energy intensity, financial development and trade openness significantly deteriorate the environmental quality. Originality/value This study contains the empirical existence of aggregate demand-based EKC. The role of the knowledge economy is examined through an index which is calculated by using four pillars of the knowledge economy (technology, innovations, education and institutions). This study is based on a combined panel of all the countries for which the data was available.

Abstract Although the “resource curse” hypothesis has been supported by many empirical studies focusing on the transnational and regional levels, there has always been a point of contention about the proper method of estimating and selecting natural resource indicators in literature. This paper proposes a mixed estimation method for panel data of 10 typical oil and gas resource-based cities in China from 1998 to 2015. The results show that resource industry agglomeration can mirror the distribution and dependence on the resource industry by location rather than by merely measuring the influence of the relative scale of resource extraction on economic growth. Using resource industry agglomeration as the main explanatory variable for regional economic growth verifies the resource curse hypothesis and shows the nonlinear characteristics of the negative correlation between resources and economic growth. Despite mostly similar indicator parameter estimates, marked differences exist in measured effects for material capital investments and technological innovation investments. The result of using resource industry agglomeration as the main explanatory variable is basically consistent with the economic theory and is more in line with observed reality than the alternative indicator. The research conclusions can provide evidence and data for index selection in the studies on the mediating effect of resource curse transmission and international comparison.

In the context of globalisation, is a country’s level of development an obstacle to its environmental performance? The main objective of this research is to identify the role played in the environmental performance of countries with different levels of development, globalisation, and environmental regulation, by the three dimensions and two new measures of globalisation, de jure and de facto. This analysis was accomplished by assessing the environmental curve which relates economic growth to environmental degradation, known as the environmental Kuznets curve, for a sample of 32 developed and 26 developing economies from 1995 to 2017. It was found that developed countries produced an inverted U-shaped curve and that globalisation had a mostly beneficial effect on the environment. In contrast, developing economies produced a U-shaped curve and globalisation was generally harmful. Globalisation caused reductions of 0.88% and 0.85% in the environmental degradation of developed countries, and increases of 0.20% and 0.52% in developing ones. Political globalisation produced different effects for each measure in developed countries and had no effect in developing countries. Economic globalisation suggests the relocation of polluting industries from developed to developing countries. As there is currently very little literature on the new measures of globalisation, this study provides fresh insights for policymakers devising appropriate measures to achieve sustainability in both developed and developing countries.

Achieving carbon-neutrality has become a global agenda following the ratification of the Paris Agreement. For the developing countries, in particular, attaining a low-carbon economy is particularly important since these economies are predominantly fossil-fuel dependent, to which Bangladesh is no exception. Therefore, this study specifically aimed at evaluating the environmental impacts associated with energy consumption and other key macroeconomic variables in the context of Bangladesh over the 1975-2016 period. As opposed to the conventional practice of using carbon dioxide emissions to proxy environmental quality, this study makes a novel attempt to use the carbon footprints to measure environmental welfare in Bangldesh. The outcomes from this study are expected to facilitate the carbon-neutrality objective of Bangladesh and, therefore, enable the nation to comply with its commitments concerning the attainment of the targets enlisted under the Paris Agreement and the United Nations Sustainable Development Goals declarations. The econometric analysis involved the application of methods that are suitable for handling the structural break issues in the data. The overall findings from empirical exercises reveal that aggregate energy consumption, fossil fuel consumption, and natural gas consumption boost the carbon footprint figures of Bangladesh. In contrast, nonfossil fuel consumption and hydroelectricity consumption are witnessed to abate the carbon footprint levels. Besides, economic growth and international trade are also evidenced to further increase the carbon footprints. Hence, these findings suggest that a clean energy transition within the Bangladesh economy can be the panacea to the nation's persitently aggravating environmental hardships. Furthermore, the causality analysis confirmed the presence of unidirectional causalities stemming from total energy consumption, fossil fuel consumption, natural gas consumption, hydroelectricity consumption, economic growth, and international trade to the carbon footprints. On the other hand, nonfossil fuel consumption is found to be bidirectionally associated with carbon footprints. In line with these aforementioned findings, several key policy suggestions are put forward regarding the facilitation of the carbon-neutrality agenda in Bangladesh.

Abstract Due to various pressures and desires more and more developing countries embark on power sector reform programmes. Yet, there are a wide range of reform options and at present insufficient evidence is available as to which path will deliver best the desired objectives. Presently, most Small Island Developing States (SIDS) are dependent on high-cost fossil fuel imports for power generation. In spite of evidence that harnessing abundant domestic renewable sources of energy can deliver environmental, social and economic benefits. However, depending on the type of power sector reform the transition towards renewable energy technologies (RETs) can be either undermined or facilitated. The specific focus on SIDS is justified because they have inherent characteristics that limit the degree to which the power sector can be transformed in comparison to larger continental developing countries. With specific reference to SIDS this manuscript reviews the drivers and desires for power sector reform, as well as presenting the available reform options and their implications on the up-take of RETs. In addition to elaborating aspects of market governance, other barriers to the consideration of RETs, such as financial bias in investment, human capacity and environmental policy are discussed. In view of this discussion, which is based on evidence from recent reform programmes and theoretical academic literature, recommendations are formulated that discourage full privatisation of the power sector, as well as proposing less dogmatic lending conditions by international assistance bodies.

© 2014 Elsevier Ltd.The Nigerian government proposed the use of compressed natural gas (CNG) as an automotive fuel in 1997 as part of the initiatives to harness natural gas (NG) resources but progress has been slow. This paper examines the natural gas vehicle (NGV) implementation approaches and outcomes in seven countries with diverse experiences in order to gain an understanding of the barriers to the NGV market development in Nigeria. The analysis employs hermeneutic principles to secondary data derived from academic literature, published reports from a variety of international agencies, grey literature, and text from online sources and identifies eight success factors for NGV market development namely: strategic intent, legal backing, learning and adaptation, assignment of responsibilities, financial incentives, NG pricing, consumer confidence, and NG infrastructure. The paper concludes that the principal impediment to NGV market development in Nigeria is the uncoordinated implementation approach and that greater government involvement is required in setting strategic goals, developing the legal and regulatory frameworks, setting of clear standards for vehicles and refuelling stations as well as assigning responsibilities to specific agencies. Short-term low cost policy interventions identified include widening the existing NG and gasoline price gap and offering limited support for refuelling and retrofitting facilities.

Abstract Millions of tonnes (teragrams) of plastic waste are traded around the world every year, which plays an important role in partially substituting virgin plastics as a source of raw materials in plastic product manufacturing. In this paper, global plastic waste trade networks (GPWTNs) from 1988 to 2017 are established using the UN-Comtrade database. The spatiotemporal evolution of the GPWTNs is analyzed. Attention is given to the country ranks, inter- and intra-continental trade flows, and geo-visual communities in the GPWTNs. We also evaluate the direct and indirect impacts of China’s plastic waste import ban on the GPWTNs. The results show that the GPWTNs have small-world and scale-free properties and a core-periphery structure. The geography of the plastic waste trade is structured by Asia as the dominant importer and North America and Europe as the largest sources of plastic waste. China is the unrivaled colossus in the global plastic waste trade. After China’s import ban, the plastic waste trade flows have been largely redirected to Southeast Asian countries. Compared with import countries, export countries are more important for the robustness of GPWTNs. Clearly, developed countries will not announce bans on plastic waste exports; these countries have strong motivation to continue to shift plastic waste to poorer countries. However, the import bans from developing countries will compel developed countries to build new disposal facilities and deal with their plastic waste domestically.

Given the devastating effects of global warming, the problem of human-induced climate change, and in particular carbon dioxide emissions, has been high on the global policy agenda. In this study, we examine the relationship between national culture, carbon dioxide emissions, and economic growth in the framework of the Environmental Kuznets Curve (EKC). Applying system GMM panel estimator across 69 developed and developing countries, we confirm the existence of EKC and show that culture significantly affects the income-emission relationship. Moreover, the effects of the six cultural dimensions on EKC can be collapsed into two: (i) masculinity, power distance and indulgence move the EKC upward and shift the income turning point to the left; and (ii) individualism, uncertainty, and long-term orientation move the EKC downward while shifting the income turning point to the right. The impact of culture on EKC remains also robust for alternative specifications. Future policy and global initiatives in sustainable development should incorporate the multidimensional impact of culture on national behavior towards environment and economic growth, a relationship that has been largely ignored in economic decision-making models.

This study applied the logarithmic mean Divisia index (LMDI) model to identify and discuss the main drivers of Pakistan's CO2 emissions over the period 1990-2016. The study examined the effects of five factors based on Pakistan's three main economic sectors while considering the 11 types of fuels consumed in that country. The results showed that the energy structure effect is the greatest driving force of CO2 emissions in this country, followed by scale effect and economic structure effect. Energy intensity is the main contributor to reducing Pakistan's carbon emissions throughout the study period. A comparative review at the sectoral level shows that the industrial sector for which coal is the main source of energy supply is the one that contributes the most to CO2 emissions in Pakistan. Alongside this sector is the tertiary sector, where the transport sub-sector imposes rules of conduct based on a growing Pakistani population. Meanwhile, deforestation would be the main cause of CO2 emissions from the agricultural sector in Pakistan, as energy consumption in this sector remains very low. Improving energy efficiency through the intensification of clean energy is urgently needed if Pakistan's environmental goals are to be achieved.