Innovation and Green Development最新文献

Impact of environmental policies and innovations on waste management across OECD countries 环境政策和创新对经合组织国家废物管理的影响

Innovation and Green Development Pub Date : 2026-04-01 Epub Date: 2026-04-22 DOI: 10.1016/j.igd.2026.100352

Shahzad Alvi , Imtiaz Ahmad , Viet-Ngu Hoang , Owen Hogan

{"title":"Impact of environmental policies and innovations on waste management across OECD countries","authors":"Shahzad Alvi , Imtiaz Ahmad , Viet-Ngu Hoang , Owen Hogan","doi":"10.1016/j.igd.2026.100352","DOIUrl":"10.1016/j.igd.2026.100352","url":null,"abstract":"<div><div>Amid increasing urbanisation, environmental degradation, and resource constraints, effective waste management is essential for advancing sustainable development and transitioning toward a circular economy across OECD countries. Recognising this imperative, the study investigates the interrelationships among environmental policies, innovations, urbanisation, and waste management within the circular economy framework. Using the Three-Stage Least Squares (3SLS) technique, the results show that increasing environmental policy stringency improves waste treatment but increases waste exports from OECD countries to other nations. Environmental innovations enhance waste treatment and reduce waste disposal. Increasing urbanisation complicates waste management, reduces waste treatment, and increases disposal. These findings highlight the need to integrate rigorous environmental policies with technological innovation to promote more sustainable and equitable waste management practices across OECD countries, anchored in circular economy principles that prioritise resource recovery and closed-loop material flows.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 2","pages":"Article 100352"},"PeriodicalIF":0.0,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147749482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

How is integrated reporting quality influential on ESG risk scores? Pillar-Based evidence from international banks 综合报告质量如何影响ESG风险评分？来自国际银行的支柱证据

Innovation and Green Development Pub Date : 2026-04-01 Epub Date: 2026-04-17 DOI: 10.1016/j.igd.2026.100350

Mert Sarıoğlu , Dilvin Taşkın , Mustafa Tevfik Kartal

{"title":"How is integrated reporting quality influential on ESG risk scores? Pillar-Based evidence from international banks","authors":"Mert Sarıoğlu , Dilvin Taşkın , Mustafa Tevfik Kartal","doi":"10.1016/j.igd.2026.100350","DOIUrl":"10.1016/j.igd.2026.100350","url":null,"abstract":"<div><div>The reporting quality and environment, social, and governance (ESG) scores have become critical in investment and trading decisions. Accordingly, this study finds out the association between Integrated Reporting Quality (IRQ), its pillars, and ESG risk (ESGR) scores of 33 international banks, having Sustainalytics’ ESGR scores and publishing integrated reports between 2020 and 2023. IRQ scores are calculated by considering “Fundamental Concepts”, “Guiding Principles”, and “Content Elements” pillars of IR framework. The findings show that IRQ and its pillars are associated with lower ESGR scores. Also, the robustness of the results is confirmed through green bond issuance and carbon dioxide (CO<sub>2</sub>) emissions. Therefore, the critical contribution of this study is to empirically reveal the role of IRQ in each pillar and to relate them to ESGR. It introduces a multi-pillar scoring approach that provides a replicable framework for assessing IRQ and ESGR scores. By focusing on ESGR, this study suggests a risk-based perspective on IR and presents how reporting quality functions as a governance mechanism for mitigating sustainability-related risks. The results enable a better theoretical understanding of IR as both a risk mitigation and stakeholder communication mechanism and provides insights for regulators, investors, and institutions.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 2","pages":"Article 100350"},"PeriodicalIF":0.0,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147709526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Convergence in renewable energy innovation and its determinants: a consideration of innovation intensity and innovation per capita in OECD countries 可再生能源创新趋同及其决定因素：对经合组织国家创新强度和人均创新的考虑

Innovation and Green Development Pub Date : 2026-04-01 Epub Date: 2026-02-11 DOI: 10.1016/j.igd.2026.100338

Sakiru Adebola Solarin , Hasan Kazak , Muhammad Shahbaz , Ahmet Tayfur Akcan , Melahat Karadag

{"title":"Convergence in renewable energy innovation and its determinants: a consideration of innovation intensity and innovation per capita in OECD countries","authors":"Sakiru Adebola Solarin , Hasan Kazak , Muhammad Shahbaz , Ahmet Tayfur Akcan , Melahat Karadag","doi":"10.1016/j.igd.2026.100338","DOIUrl":"10.1016/j.igd.2026.100338","url":null,"abstract":"<div><div>The purpose of this study is to analyze the convergence dynamics in renewable energy innovation in 25 OECD countries during the period 1990-2022. The research makes a unique contribution to the literature by examining renewable energy innovation in two different dimensions: the number of patents per capita (RPPC) and economic intensity (RPINT) indicators. Stochastic, beta, and sigma convergence tests were applied in a comprehensive approach. The results show a clear trend toward convergence among OECD countries in renewable energy innovation, particularly in terms of innovation per capita. Beta convergence analyses show that this process between countries is influenced by structural factors such as renewable energy consumption, ecological footprint, real GDP per capita, globalization, and financial development. On the other hand, it has been found that countries starting from low levels have recorded faster growth rates in innovation, supported by knowledge and technology transfer. Policy recommendations emphasize increasing public-private partnerships, research and development (R&D) investments, supporting multinational partnerships, and developing country-specific strategies.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 2","pages":"Article 100338"},"PeriodicalIF":0.0,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146154218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

City positionality in supply chain network and urban carbon emission intensity: Evidence from listed companies in China 供应链网络中的城市定位与城市碳排放强度：来自中国上市公司的证据

Innovation and Green Development Pub Date : 2026-04-01 Epub Date: 2026-04-04 DOI: 10.1016/j.igd.2026.100349

Jiahua Dong , Dining Liu , Harry F. Lee

{"title":"City positionality in supply chain network and urban carbon emission intensity: Evidence from listed companies in China","authors":"Jiahua Dong , Dining Liu , Harry F. Lee","doi":"10.1016/j.igd.2026.100349","DOIUrl":"10.1016/j.igd.2026.100349","url":null,"abstract":"<div><div>This study explores the relationship between intercity supply chain networks and urban carbon emission intensity (CEI) in China. While most research investigates the environmental implications of geographical proximity among city clusters, the environmental effects of functional intercity relationships remain insufficiently explored. This study examines how the network topology of economic relations among cities mediates CEI, analysing 29,580 firm-level supplier-buyer transactions from listed companies (2008–2017), aggregated at the prefecture-city level. Using data from the CSMAR database, we construct directed, weighted intercity networks and calculate key network indicators (in-degree, out-degree, closeness, betweenness, eigenvector centrality, and clustering coefficient). These network indicators are integrated into an XGBoost model, with SHapley Additive exPlanations (SHAP) employed to measure the non-linear effects of city positionality on CEI. Results reveal scale-free intercity supply chain networks dominated by key hubs such as Beijing, Shanghai, and Shenzhen. Cities with higher in-degree, out-degree, and closeness centrality in the networks exhibit lower CEI. Moreover, cities with initially low in-degree centrality may exhibit high CEI but improve once their network authority exceeds a certain threshold, revealing a non-linear pattern. Overall, this study advances understanding of urban CEI. via networked geographies and offers critical insights for green supply chain governance in China.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 2","pages":"Article 100349"},"PeriodicalIF":0.0,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147600077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Weathering the blue Economy: Climate change and fishery output in Somalia: Evidence from time series analysis (1975–2023) 经受蓝色经济的考验：气候变化和索马里渔业产出：来自时间序列分析的证据（1975-2023）

Innovation and Green Development Pub Date : 2026-04-01 Epub Date: 2026-04-16 DOI: 10.1016/j.igd.2026.100351

Abdi Majid Yusuf Ibey, Abdikani Salah Abdulle, Abdikadir Ahmed Mohamed

{"title":"Weathering the blue Economy: Climate change and fishery output in Somalia: Evidence from time series analysis (1975–2023)","authors":"Abdi Majid Yusuf Ibey, Abdikani Salah Abdulle, Abdikadir Ahmed Mohamed","doi":"10.1016/j.igd.2026.100351","DOIUrl":"10.1016/j.igd.2026.100351","url":null,"abstract":"<div><div>Fisheries are vital to Somalia's economy, nutrition, and livelihoods, yet their sustainability is increasingly threatened by climate variability. This study investigates the impact of five key climate variables, rainfall, air temperature, CO<sub>2</sub> emissions, sea surface temperature (SST), and wind speed, on fish production in Somalia using annual time-series data from 1975 to 2023, Using Autoregressive Distributed Lag (ARDL) and Canonical Cointegrating Regression (CCR) models to estimate short- and long-run relationships. The findings reveal that rainfall, CO<sub>2</sub> emissions, and SST significantly reduce fish production in both the short and long run, while wind speed has a consistently positive effect. Air temperature is statistically insignificant. These findings suggest that climate variability is a critical determinant of marine productivity in Somalia. Policy actions should prioritize climate-resilient fisheries management, investment in coastal infrastructure, and monitoring systems that track changes in sea temperature and wind regimes. Strengthening institutional capacity and regional cooperation on blue economy adaptation is essential for safeguarding livelihoods and food security in Somalia's fragile coastal zones.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 2","pages":"Article 100351"},"PeriodicalIF":0.0,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147709647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The power of informal regulation: An evolutionary game and empirical analysis of public concern on regional green innovation 非正式规制的力量：区域绿色创新公众关注的演化博弈与实证分析

Innovation and Green Development Pub Date : 2026-02-01 Epub Date: 2026-01-05 DOI: 10.1016/j.igd.2026.100325

Zhijian Yu

{"title":"The power of informal regulation: An evolutionary game and empirical analysis of public concern on regional green innovation","authors":"Zhijian Yu","doi":"10.1016/j.igd.2026.100325","DOIUrl":"10.1016/j.igd.2026.100325","url":null,"abstract":"<div><div>This paper investigates whether public environmental concern, acting as an informal regulatory pressure, drives regional green technological innovation (GTI) in China. We develop an evolutionary game model of public–innovator interactions to formalize the coordinating role of public pressure in green investment. Leveraging city-level Baidu search data for “PM2.5” from 2011 to 2019 across 289 cities as a proxy for public attention to pollution, we employ an instrumental variable (2SLS) strategy to identify the causal impact on green patent applications. We find that heightened public concern significantly promotes regional GTI; our estimates suggest that a 1 % increase in the public concern index causally increases green patent applications by approximately 2.1 %. Our analysis further uncovers two key transmission channels: an indirect public channel, where citizen concern stimulates increased government investment in environmental governance, and a direct private channel, where public pressure drives private green investment through reputational and market mechanisms. The innovation-promoting effect of public concern is also context-dependent, proving significantly stronger in cities with greater economic capacity, higher baseline levels of pollution, and more developed information environments. These findings highlight the tangible role of public attention in fostering environmental innovation and underscore the distinct yet complementary roles of state responsiveness and market-based mechanisms in a green transition.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 1","pages":"Article 100325"},"PeriodicalIF":0.0,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145898214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Navigating the complexities of healthcare costs in Bangladesh: A closer look at environmental quality, economic growth, energy use, industrialization, urbanization, and forest area 了解孟加拉国医疗保健成本的复杂性：深入了解环境质量、经济增长、能源使用、工业化、城市化和森林面积

Innovation and Green Development Pub Date : 2026-02-01 Epub Date: 2026-01-13 DOI: 10.1016/j.igd.2026.100328

Asif Raihan , Mohammad Ridwan , Syed Masiur Rahman , Tapan Sarker

{"title":"Navigating the complexities of healthcare costs in Bangladesh: A closer look at environmental quality, economic growth, energy use, industrialization, urbanization, and forest area","authors":"Asif Raihan , Mohammad Ridwan , Syed Masiur Rahman , Tapan Sarker","doi":"10.1016/j.igd.2026.100328","DOIUrl":"10.1016/j.igd.2026.100328","url":null,"abstract":"<div><div>Bangladesh is grappling with the challenge of balancing public health with pollution reduction. The current research seeks to analyze the relationships between ecological indicators and health expenditure and to provide policy suggestions to enhance environmental conditions and minimize healthcare costs. The investigation explored various elements, such as carbon dioxide (CO<sub>2</sub>) emissions, gross domestic product (GDP), the use of fossil fuels and renewable energy sources, industrialization, urbanization, and forest areas. The dynamic ordinary least squares (DOLS) approach was used to explore time series data from 2000 to 2022, and the results revealed that every 1 % increase in CO<sub>2</sub>, GDP, industrialization, urbanization, and consumption of fossil fuels increased long-term health expenditures by 1.45 %, 0.38 %, 1.39 %, 0.91 %, and 1.04 %, respectively. Instead, a 1 % expansion in forest area and renewable energy use would reduce health expenditures by 1.91 % and 0.48 %, respectively. To test the robustness of the model, canonical cointegrating regression (CCR) and fully modified ordinary least squares (FMOLS) estimation techniques were incorporated. The findings offer policy recommendations for Bangladesh to reduce pollution and ensure the sustainability of the environment and healthcare facilities. These outcomes are valuable for generating a preventive health plan to combat the growing health effects of environmental pollution in Bangladesh.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 1","pages":"Article 100328"},"PeriodicalIF":0.0,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145979625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Considering the interaction between carbon allowances and cryptocurrencies across time and frequencies: Potential risk-return and environmental benefits 考虑碳配额和加密货币在时间和频率上的相互作用：潜在的风险回报和环境效益

Innovation and Green Development Pub Date : 2026-02-01 Epub Date: 2026-01-10 DOI: 10.1016/j.igd.2026.100327

Carlos Esparcia, Francisco Jareño, Ana Escribano

{"title":"Considering the interaction between carbon allowances and cryptocurrencies across time and frequencies: Potential risk-return and environmental benefits","authors":"Carlos Esparcia, Francisco Jareño, Ana Escribano","doi":"10.1016/j.igd.2026.100327","DOIUrl":"10.1016/j.igd.2026.100327","url":null,"abstract":"<div><div>This study examines the interdependencies between European Union Allowances (EUAs) on carbon emissions and traditional cryptocurrencies (Bitcoin, Ethereum, Binance Coin, Ripple and Bitcoin Cash) and green cryptocurrencies (Cardano, Stellar, EOS, TRON and IOTA) from January 2018 to February 2022. The study suggests that including EUAs in cryptocurrency portfolios could reduce environmental and financial risks. Wavelet coherence and wavelet phase difference analysis were used to identify significant relationships between the returns and value at risk (VaR) of EUAs and the selected cryptocurrencies, particularly during the COVID-19 pandemic. Key findings reveal interdependencies between EUAs returns and both traditional and green cryptocurrencies, with notable negative correlations for Ripple and Bitcoin in January 2018. Most green cryptocurrencies, with the exception of TRON, also showed negative correlations with EUAs during this period. In terms of VaR, traditional cryptocurrencies showed mid-frequency volatility, with Ethereum and Binance Coin showing higher risk in VaR connectedness compared to returns. The study also highlights a shift from positive to negative correlation in volatilities between EUA and traditional cryptocurrencies over time, with similar behavior observed for green cryptocurrencies. These findings are valuable for designing cryptocurrency investment strategies that diversify financial and environmental risks, supporting the development of hedging strategies, and highlighting the need for green economic policies.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 1","pages":"Article 100327"},"PeriodicalIF":0.0,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145979624","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetric spillovers between US sector stocks, Islamic stock index, conventional bond, green bond, and commodity markets 美国板块股、伊斯兰股票指数、传统债券、绿色债券和大宗商品市场之间的不对称溢出效应

Innovation and Green Development Pub Date : 2026-02-01 Epub Date: 2026-01-27 DOI: 10.1016/j.igd.2026.100334

Walid Mensi , Rim El-Khoury , Muneer Alshater , Sang Hoon Kang

{"title":"Asymmetric spillovers between US sector stocks, Islamic stock index, conventional bond, green bond, and commodity markets","authors":"Walid Mensi , Rim El-Khoury , Muneer Alshater , Sang Hoon Kang","doi":"10.1016/j.igd.2026.100334","DOIUrl":"10.1016/j.igd.2026.100334","url":null,"abstract":"<div><div>This study examines asymmetric spillovers among U.<em>S. sector</em> stocks, the Islamic stock index, conventional bonds, green bonds, and commodity markets. Using the TVP-VAR connectedness approach, we decompose total connectedness into positive and negative spillovers to capture asymmetric market dynamics. We find that negative shocks generate stronger spillovers than positive shocks, highlighting heightened systemic risks during market downturns. Market connectedness fluctuates over time, peaking during periods of financial distress such as the COVID-19 pandemic and geopolitical crises. Our findings reveal that the Islamic Stock Index plays a key role as a transmitter of shocks, reflecting its increasing integration into global financial markets. We construct optimal portfolios using the minimum connectedness approach and compare their performance with minimum variance and minimum correlation portfolios. Results indicate that the minimum connectedness portfolio delivers superior risk-adjusted returns, demonstrating its effectiveness in mitigating systemic risk and enhancing portfolio resilience. These insights offer practical guidance for investors seeking volatility protection through risk-sensitive asset allocation and inform policymakers designing macroprudential tools to monitor and manage systemic transmission across key financial sectors.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"5 1","pages":"Article 100334"},"PeriodicalIF":0.0,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146078940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Greenflation or greensulation? An examination of the disaggregated inflationary effect of environmental taxes in the EU-27 绿色通胀还是绿色隔离？欧盟27国环境税的分类通货膨胀效应研究

Innovation and Green Development Pub Date : 2026-02-01 Epub Date: 2026-01-23 DOI: 10.1016/j.igd.2026.100333

Godwin Olasehinde-Williams

引用次数: 0