The green Frontier: Leveraging information globalization, ICT, green innovation, and financial depth for sustainable progress in the United Kingdom

IF 9 1区工程技术 Q1 ENERGY & FUELS

Renewable Energy Pub Date : 2025-05-06 DOI:10.1016/j.renene.2025.123355

Muhammad Ramzan , Kashif Raza Abbasi , Sami Ullah , Tomiwa Sunday Adebayo

{"title":"The green Frontier: Leveraging information globalization, ICT, green innovation, and financial depth for sustainable progress in the United Kingdom","authors":"Muhammad Ramzan , Kashif Raza Abbasi , Sami Ullah , Tomiwa Sunday Adebayo","doi":"10.1016/j.renene.2025.123355","DOIUrl":null,"url":null,"abstract":"<div><div>The rise of new ideas, technologies, business models, and the internet has significantly enhanced the global flow of resources and information, offering opportunities for cleaner and more sustainable industrial production. However, previous research has largely overlooked the interplay between globalization, innovation, and green energy growth. This study addresses this gap by examining the impact of information globalization (ING), information and communication technology (ICT), green innovation (GRN), and financial depth (FND) on green growth (GRG) and energy transition (ENT) in the United Kingdom from 1990 to 2020. The empirical analysis based on the novel Fourier Quantile Causality test reveals that ICT is a key predictor of ENT, while ING, GRN, and FND play vital roles in promoting green growth, particularly in medium and high quantiles. Additionally, the findings indicate that ING and ICT enhance the positive effects of GRN and FND on green growth and energy transition. This research introduces a novel analytical framework that integrates these factors, offering novel insights and implications for sustainable energy policy. Based on these insights, the study propose several policy recommendations aimed at fostering green growth and facilitating the renewable energy transition, contributing to the sustainable development goals of the United Kingdom.</div></div>","PeriodicalId":419,"journal":{"name":"Renewable Energy","volume":"251 ","pages":"Article 123355"},"PeriodicalIF":9.0000,"publicationDate":"2025-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Renewable Energy","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0960148125010171","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENERGY & FUELS","Score":null,"Total":0}

引用次数: 0

Abstract

The rise of new ideas, technologies, business models, and the internet has significantly enhanced the global flow of resources and information, offering opportunities for cleaner and more sustainable industrial production. However, previous research has largely overlooked the interplay between globalization, innovation, and green energy growth. This study addresses this gap by examining the impact of information globalization (ING), information and communication technology (ICT), green innovation (GRN), and financial depth (FND) on green growth (GRG) and energy transition (ENT) in the United Kingdom from 1990 to 2020. The empirical analysis based on the novel Fourier Quantile Causality test reveals that ICT is a key predictor of ENT, while ING, GRN, and FND play vital roles in promoting green growth, particularly in medium and high quantiles. Additionally, the findings indicate that ING and ICT enhance the positive effects of GRN and FND on green growth and energy transition. This research introduces a novel analytical framework that integrates these factors, offering novel insights and implications for sustainable energy policy. Based on these insights, the study propose several policy recommendations aimed at fostering green growth and facilitating the renewable energy transition, contributing to the sustainable development goals of the United Kingdom.

查看原文本刊更多论文

绿色前沿：利用信息全球化、信息通信技术、绿色创新和金融深度促进英国的可持续发展

新思想、新技术、新商业模式和互联网的兴起，极大地促进了全球资源和信息的流动，为更清洁、更可持续的工业生产提供了机会。然而，以往的研究在很大程度上忽视了全球化、创新和绿色能源增长之间的相互作用。本研究通过考察1990 - 2020年英国信息全球化（ING）、信息通信技术（ICT）、绿色创新（GRN）和金融深度（FND）对绿色增长（GRG）和能源转型（ENT）的影响来弥补这一差距。基于新型傅立叶分位数因果检验的实证分析表明，ICT是ENT的关键预测因子，而ING、GRN和FND在促进绿色增长方面发挥着至关重要的作用，特别是在中、高分位数。此外，研究结果表明，ING和ICT增强了GRN和FND对绿色增长和能源转型的积极作用。本研究引入了一个新的分析框架，整合了这些因素，为可持续能源政策提供了新的见解和启示。基于这些见解，本研究提出了几项政策建议，旨在促进绿色增长和促进可再生能源转型，为英国的可持续发展目标做出贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Renewable Energy 工程技术-能源与燃料

CiteScore

18.40

自引率

9.20%

发文量

1955

审稿时长

6.6 months

期刊介绍： Renewable Energy journal is dedicated to advancing knowledge and disseminating insights on various topics and technologies within renewable energy systems and components. Our mission is to support researchers, engineers, economists, manufacturers, NGOs, associations, and societies in staying updated on new developments in their respective fields and applying alternative energy solutions to current practices. As an international, multidisciplinary journal in renewable energy engineering and research, we strive to be a premier peer-reviewed platform and a trusted source of original research and reviews in the field of renewable energy. Join us in our endeavor to drive innovation and progress in sustainable energy solutions.