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1.
PLoS One ; 19(4): e0293957, 2024.
Article in English | MEDLINE | ID: mdl-38630785

ABSTRACT

This research aimed to investigate the mediating function of Green Employee Empowerment (GEE) in the relationship between Green Human Resource Management practices (GHRM) and the environmental performance of small and medium-sized enterprises (SMEs) in Ghana, drawing on the Ability-Motivation-Opportunity (AMO) theory. This study assessed the hypotheses in the established research model using structural equation modeling based on data collected from 320 participants from small and medium-sized firms in Ghana. The study's results revealed that GHRM practices were significantly correlated with the firm's environmental performance. The study found significant GHRM's indirect consequences on environmental performance through GEE in all models examined. These findings suggest that GEE plays a crucial role in translating the impact of GHRM practices into improved environmental performance. The study overlooked other potential mediators or moderators in the relationship between GHRM practices and environmental performance, focusing on GEE. To better understand the complex dynamics behind GHRM techniques' environmental performance, future research might examine business culture, leadership style, and employee sustainability attitudes.


Subject(s)
Commerce , Mediation Analysis , Humans , Ghana , Latent Class Analysis , Workforce
2.
Heliyon ; 10(5): e26894, 2024 Mar 15.
Article in English | MEDLINE | ID: mdl-38434333

ABSTRACT

The sustainability of the environment debate cannot be addressed without considering the type of energy to use. The pace at which the world is industrializing, globalizing, and developing economically has prompted many researchers to investigate the kind of energy required to preserve the environment. In this regard, this study employs the mediation model to assess renewable energy's direct and indirect effects on carbon emissions through globalization. The data for the study is from 1990 to 2020. The study's findings showed that while renewable energy has no appreciable impact on trade openness, it directly and negatively affects carbon emissions. However, foreign direct investment has a direct and significant positive effect on carbon emissions, while trade openness has no significant effect. The indirect result revealed that renewable energy through foreign direct investment has a negative effect on carbon emissions; however, renewable energy through trade openness has a positive effect on carbon emissions. Policymakers are encouraged to restrict the trade sector to reduce the trading of high-emission technologies.

3.
Heliyon ; 10(1): e22906, 2024 Jan 15.
Article in English | MEDLINE | ID: mdl-38163145

ABSTRACT

This study investigates how income inequality influences energy poverty alleviation in Ghana as it seeks to achieve a sustainable economy. Employing the Granger causality test on a dataset from 1990 to 2021, the results show that both Gini post-tax and post-transfer (Income inequality-ll1) and Gini pre-tax and pre-transfer (Income inequality-ll2) Granger-cause access to electricity and rural area access to electricity. Urban area access to electricity Granger-causes Gini post-tax and post-transfer. Similarly, an FMOLS test was carried out to introduce some controlling variables and results showed that GDP, trade liberation, urbanization, population growth, and financial development increase income inequality and access to clean fuels and technology, as well as access to urban energy, have a substantial impact on economic disparity. In addition, GDP, financial development, energy intensity, industrialization, trade liberalization, urbanization, population rise, and FDI all have varying implications on energy poverty. These results imply the need to include energy poverty reduction measures within income inequality reduction policies to enhance not just access to today's cutting-edge energy but also affordability to the minimal income receivers. Other reforms and levies on electricity consumption options in renewable energy support can contribute to addressing income inequality and energy poverty issues in Ghana.

4.
Heliyon ; 10(1): e23471, 2024 Jan 15.
Article in English | MEDLINE | ID: mdl-38187346

ABSTRACT

Several efforts have been undertaken by environmentalists, nations, and various international organizations towards the fight against carbon emissions. The continuity of the environment has been one of the main concerns of the international system and state and non-state actors and government institutions are encouraged to play their roles effectively. Therefore, the study assesses the effect of financial inclusion, globalization, and government institutions on carbon emissions. The study used data from 1996 to 2021 and employed FMOLS model for the analysis. The findings of the study confirm the pollution halo hypothesis implying globalization promotes environmental sustainability. However, financial inclusion and government institutions have no significant effect on global warming mitigation. Nevertheless, institutional governance encourages global warming while political stability promotes the fight against global warming, the effect of economic governance is not significant. Renewable energy and economic growth exhibit positive and negative effect, respectively, on environmental sustainability. The findings suggest the encouragement of the rule of law, political stability, and an effective low carbon trading system as part of the policy implications.

5.
Environ Sci Pollut Res Int ; 31(2): 2813-2835, 2024 Jan.
Article in English | MEDLINE | ID: mdl-38066263

ABSTRACT

This study investigates the relationship between foreign direct investment (FDI) and CO2 emissions in Africa, primarily emphasizing carbon-neutral growth. Employing advanced econometric methods like the Generalized Method of Moments (GMM), fixed effect, and Two-Stage Least Squares (2SLS), we identify critical threshold values for key variables, including economic growth, trade openness, human capital, financial development, inflation, and population growth. Our findings indicate that GDP significantly influences the FDI-CO2 emissions relationship as economies expand, shifting from negative to positive, potentially leading to increased carbon emissions. Higher trade-to-GDP ratios are associated with reduced CO2 emissions due to cleaner technologies and greener production practices. Additionally, financial development plays a pivotal role, enabling investment in sustainable technologies. Nations with a more skilled workforce are more likely to adopt sustainable practices. The influence of population growth on CO2 emissions is complex, balancing increased demand with investments in clean technologies. The study recommends that African policymakers prioritize FDI aligned with carbon-neutral growth by promoting sustainability, investing in human capital, and carefully balancing population growth with sustainability.


Subject(s)
Carbon , Environmental Pollution , Humans , Environmental Pollution/analysis , Carbon Dioxide/analysis , Africa , Investments , Economic Development
6.
Environ Sci Pollut Res Int ; 30(57): 120620-120637, 2023 Dec.
Article in English | MEDLINE | ID: mdl-37940826

ABSTRACT

Africa, over the past years, has put various measures in place in the fight against carbon emissions. Achieving net zero carbon has caused the continent researchers to investigate various conditions required for a successful transition. Therefore, the political system cannot be left out since it plays a major role in decision-making. This study contributes to previous literature analyzing the empirical effect of financial development and governance quality on carbon emissions. The study is focused on 52 African countries with data from 1996 to 2021. Panel quantile and generalized method of moments are used for the analysis. The result indicates that financial development contributes to environmental degradation, government effectiveness, rule of law, and political stability which promote environmental pollution; however, control of corruption, renewable energy, and economic growth promote ecological sustainability. According to the aforementioned, it is crucial for governments to include financial development plans in national environmental strategies, particularly for those in African nations. Furthermore, governments should put restrictions on trade to control the trade of high-carbon technologies.


Subject(s)
Carbon , Economic Development , Africa , Environmental Pollution , Government , Renewable Energy , Carbon Dioxide
7.
Environ Sci Pollut Res Int ; 30(50): 109214-109232, 2023 Oct.
Article in English | MEDLINE | ID: mdl-37770735

ABSTRACT

Over time, the economy's growth, financial development, and environmental taxes have become vital tools in countering ecological degradation and promoting clean energy. However, there needs to be a research gap in assessing these policies' collective impact on renewable energy adoption, especially in developing West African countries. This study addresses this gap by evaluating the effectiveness of these policies from 1990 to 2020, using the Generalized Method of Moments (GMM), fixed effect, and pooled Ordinary Least Squares (OLS) models. The Dumitrescu-Hurlin panel causality test reveals bidirectional causality between economic growth and renewable energy consumption, as well as between financial development and renewable energy use. Unidirectional causality is found from environmental tax to renewable energy consumption. GMM results highlight the positive influences of economic growth and environmental taxes on renewable energy consumption, while financial development negatively affects it. These outcomes are consistent with fixed effect and pooled OLS models. Sectorial heterogeneity analysis indicates better results for countries with strong institutions, advanced technology, and strict regulations. In conclusion, this study's insights can guide policies for sustainability in West Africa, leveraging economic growth, environmental taxes, and technology for effective renewable energy integration.


Subject(s)
Economic Development , Sustainable Growth , Carbon Dioxide/analysis , Renewable Energy , Africa, Western , Taxes
8.
Environ Sci Pollut Res Int ; 30(43): 98470-98489, 2023 Sep.
Article in English | MEDLINE | ID: mdl-37610538

ABSTRACT

The BRICS nations are often seen as being at the vanguard of the push to implement sustainable energy technologies, even at the household scale, as part of the transition to sustainable societies. Given that the Sustainable Development Goals (SDGs) are interconnected and that achieving one is a good springboard for achieving others, we see the SDGs as having three dimensions: socio-economic-environmental sustainability. However, energy is central to attaining these tenets in the UN-SDG. Therefore, this work aims to use three germane methods-feasible generalized least square (FGLS), fixed effects model, and quantile regression-to discover empirical evidence to back up these statements. When different econometric estimate methods were used, these findings remained reliable. The research also showed that clean energy is essential when determining strategies to achieve environmental sustainability, human development, and foster green economic growth. Thus, investments in green resources and technological innovation promote the country's transition to sustainable development. They also show a substantial beneficial influence of clean and green energy and technology on supporting the main tenet of UN-SDG in BRICS across most quantiles. As a result of these major analytical findings, some relevant policies are proposed to enable the BRICS countries to achieve some of the United Nations Sustainable Development Goals that are closely related to undergoing green energy transition (SDG-7) and achieving environmental sustainability (SDG-13) through the channel of innovation (SDG-9). The study consequently suggests that to combat climate change, promote green economic growth, and assure human development, which will increase the likelihood of the UN-SDGs, investment in clean energy should be given top priority on the BRICS agenda.


Subject(s)
Investments , Sustainable Development , Humans , Economic Development , Climate Change , Socioeconomic Factors
9.
Environ Sci Pollut Res Int ; 30(21): 60717-60745, 2023 May.
Article in English | MEDLINE | ID: mdl-37039916

ABSTRACT

The pursuit of a green transformation agenda in China is an important aspect of achieving sustainable development. The role played by green financial development efficiency (GFDE) in this pursuit cannot be overlooked. This paper explored the impact of GFDE on China's green transformation agenda and its contributions toward sustainable development. The study adopts a systematic approach to examine the relationship between GFDE and green transformation, utilizing relevant data and literature. The study aligns with previous research in the field that highlights the importance of green finance in reducing carbon emissions and promoting sustainable development in China. It also adds to the existing literature by specifically focusing on the role of green financial development efficiency in the pursuit of a green transformation agenda in China. The study found a significant improvement in GFDE over the period of 2010 to 2020 in promoting green transformation in China. Both systems generalized method of moments and fixed-effect models revealed that trade openness, foreign investments, technological innovation, and government budget positively influenced GFDE while energy consumption and economic policy uncertainty had a significant adverse effect on GFDE. The results of this study inform policymakers and stakeholders of the importance of green finance in promoting sustainable development. The study intimated that the financial sector should provide support for green technologies and businesses by offering range of green products such as green bonds, funds, and loans.


Subject(s)
Budgets , Sustainable Development , Carbon , China , Commerce , Economic Development , Efficiency
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