Innovation and Green Development最新文献_第3页

Governance as a catalyst for green financial development: An investigation into financial inclusion, green technology innovation, and environmental regulations in Asian NDC countries 治理作为绿色金融发展的催化剂：对亚洲自主贡献国家普惠金融、绿色技术创新和环境监管的调查

Innovation and Green Development Pub Date : 2025-12-01 Epub Date: 2025-12-17 DOI: 10.1016/j.igd.2025.100312

Muhammad Ashraf, Mubashar Ali , Ali Sajjad

{"title":"Governance as a catalyst for green financial development: An investigation into financial inclusion, green technology innovation, and environmental regulations in Asian NDC countries","authors":"Muhammad Ashraf, Mubashar Ali , Ali Sajjad","doi":"10.1016/j.igd.2025.100312","DOIUrl":"10.1016/j.igd.2025.100312","url":null,"abstract":"<div><div>This study investigates the role of governance effectiveness (GE) in advancing green financial development (GFD) through financial inclusion (FI), green technology innovation (GTI), and environmental regulations (EnR). Using data from 13 Asian NDC countries between 2001 and 2023, the analysis employs the PMG-ARDL model and verifies its robustness using the FMOLS and DOLS methods. The results show that FI significantly enhances GFD, particularly under strong GE. EnR also exerts a positive effect on GFD, and its impact is amplified by GE, highlighting the importance of credible enforcement. In contrast, GTI has a negative direct effect on GFD due to high costs and institutional barriers, but its contribution becomes favorable when moderated by GE. These findings underscore GE's catalytic role in enabling FI, GTI, and EnR to contribute effectively to GFD. The study provides important policy implications, including enhancing digital infrastructure for FI, introducing R&D incentives and regulatory reforms to unlock GTI's potential, and strengthening monitoring and enforcement mechanisms for EnR. Overall, the study concludes that strong GE is essential for mobilizing FI, enabling Asian NDCs to meet their Paris Agreement commitments, and accelerating the transition to sustainable development.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 6","pages":"Article 100312"},"PeriodicalIF":0.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145790782","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

Public data openness, innovation boundaries, and firm value 公共数据开放、创新边界、企业价值

Innovation and Green Development Pub Date : 2025-12-01 Epub Date: 2025-11-22 DOI: 10.1016/j.igd.2025.100303

Peiyu Li , Hanmei Zhou , Xinzhi Liu , Liping Li

{"title":"Public data openness, innovation boundaries, and firm value","authors":"Peiyu Li , Hanmei Zhou , Xinzhi Liu , Liping Li","doi":"10.1016/j.igd.2025.100303","DOIUrl":"10.1016/j.igd.2025.100303","url":null,"abstract":"<div><div>Public data's non-rivalry and non-exclusivity provide new opportunities for firm development, yet research on whether and how public data openness (PDO) affects firm value (FV) is quite limited. Based on the data of Chinese A-share listed companies from 2011 to 2022, this study employs model derivation and empirical validation to elucidate the influence and underlying mechanisms between PDO and FV. The findings reveal that PDO significantly increases FV, with this effect being long-lasting. Mechanism analysis indicates that PDO improves FV by extending the innovation boundaries. Further analysis identifies economic and government data as key drivers of this enhancement, while expanding data scale, improving data quality, and increasing utilization efficiency also contribute to higher FV. Heterogeneity analysis shows that the positive effect of PDO is more pronounced in firms with stronger government governance capacity, higher information sensitivity, greater digital technology levels, and those in the growth stage. The research conclusions offer valuable insights for refining PDO policies and promoting firm development.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 6","pages":"Article 100303"},"PeriodicalIF":0.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145571883","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

Exploring the asymmetric effects of cryptocurrency uncertainties on green and ESG markets: A temporal and quantile-based examination 探索加密货币不确定性对绿色和ESG市场的不对称影响：一种基于时间和分位数的检验

Innovation and Green Development Pub Date : 2025-12-01 Epub Date: 2025-12-16 DOI: 10.1016/j.igd.2025.100313

Farid Irani , Mugabil Isayev

{"title":"Exploring the asymmetric effects of cryptocurrency uncertainties on green and ESG markets: A temporal and quantile-based examination","authors":"Farid Irani , Mugabil Isayev","doi":"10.1016/j.igd.2025.100313","DOIUrl":"10.1016/j.igd.2025.100313","url":null,"abstract":"<div><div>The main contribution of this study is to give the first comprehensive evaluation of how uncertainty about cryptocurrencies, broken down into pricing (UCRY) and policy (UCPY) measures, affects sustainable financial markets in both the distribution of market states and the time–frequency domain. We examine green bonds (GB), the S&P Global 1200 ESG Index (ESG), and the S&P 500 Green Global Index (SPG) using an innovative integration of nonparametric causality-in-quantiles, quantile-on-quantile regression, and wavelet coherence analysis. This integrated paradigm allows us to identify nonlinear, asymmetric, and time-dependent transmission processes that prior research has neglected. Our research shows that green bonds are always strong against uncertainty in cryptocurrencies, but ESG and SPG indices are more likely to be affected by shocks caused by changes in prices or policies. These weaknesses have been exacerbated by significant events, such as the 2017 bitcoin bubble, the COVID-19 pandemic in 2020, and China's ban on cryptocurrencies in 2021. Wavelet coherence analysis reveals that ESG and SPG exhibit a persistent correlation, which is attributed to specific events, confirming both short-term and long-term interdependence. The findings have significant implications for investors seeking robust and sustainable portfolios, as well as for regulators aiming to mitigate cross-market contagion risks.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 6","pages":"Article 100313"},"PeriodicalIF":0.0,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145790781","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

Corporate carbon regulation, green innovation and supply chain spillover 企业碳监管、绿色创新与供应链溢出

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-09-17 DOI: 10.1016/j.igd.2025.100294

Qiuyue Qi , Ping Lu , Xiangru Zhao

{"title":"Corporate carbon regulation, green innovation and supply chain spillover","authors":"Qiuyue Qi , Ping Lu , Xiangru Zhao","doi":"10.1016/j.igd.2025.100294","DOIUrl":"10.1016/j.igd.2025.100294","url":null,"abstract":"<div><div>Investigating the supply chain spillover effects of carbon regulation is crucial for achieving systemic green transformation. This study empirically examines the impact of carbon regulation on green innovation at different supply chain nodes, utilizing a comprehensive dataset of listed companies from 2010 to 2023. Our findings robustly indicate that carbon regulation significantly enhances green innovation not only in regulated companies but also in their upstream suppliers, providing strong empirical support for the Porter Hypothesis, which posits that stringent environmental regulations can stimulate innovation and improve competitiveness. Mechanism analysis reveals three key pathways: demand expansion, forced linkage, and knowledge spillover, operating from both firm and supplier perspectives. Furthermore, our heterogeneity analysis considers enterprise characteristics, supplier traits, and the differential impacts of carbon regulations between upstream and downstream firms. These results highlight the strategic importance of corporate carbon regulation as a catalyst for green innovation and sustainable supply chain transformation, offering valuable insights for policymakers.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100294"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145096439","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 impacts of outward foreign investment flows and green energy demand on global carbon emissions: evidence from the world's top five emitters 对外投资流动和绿色能源需求对全球碳排放的不对称影响：来自世界五大排放国的证据

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-09-06 DOI: 10.1016/j.igd.2025.100292

Muhammad Imran , Syed Tahir Hussain Shah , Muhammad Asif , Ishfaq Ahmad , Khalid Zaman

{"title":"Asymmetric impacts of outward foreign investment flows and green energy demand on global carbon emissions: evidence from the world's top five emitters","authors":"Muhammad Imran , Syed Tahir Hussain Shah , Muhammad Asif , Ishfaq Ahmad , Khalid Zaman","doi":"10.1016/j.igd.2025.100292","DOIUrl":"10.1016/j.igd.2025.100292","url":null,"abstract":"<div><div>Carbon leakage apprehensions have developed alongside the global desire to address climate change and cut carbon emissions. This study examines how renewable energy consumption and outbound FDI flows affect global carbon emissions from the top five emitters. The study uses the NARDL model for 1980Q1–2022Q4. Japanese and Chinese FDI outflows increase short-term global carbon emissions. Negative shocks from Japan and Russia increase emissions, supporting the pollution haven hypothesis and asymmetry effects. India negatively influences carbon emissions over time, but leaving the US, Japan, China, and Russia has the opposite effect. China's requirement for renewable energy reduces carbon emissions in the medium to long term. However, Russia and Japan's energy use and production have increased emissions. India's rising use of renewable energy, which the US likewise wants, caused a temporary rise in carbon emissions. The research also found that Chinese and Indian FDI followed a U-shaped Environmental Kuznets Curve (EKC) after initially following the pollution halo hypothesis. Russia's green energy projects decouple, while Japan and Russia are pollution havens. US FDI cuts carbon emissions, but the demand for renewable energy rises. The study suggests governments prioritize renewable energy to reduce fossil fuel use, enhance long-term economic growth, and mitigate climate change.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100292"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003619","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

Optimizing the efficiency and cost of enterprise logistics warehouse: From the perspective of green supply chain management 优化企业物流仓库的效率和成本：基于绿色供应链管理的视角

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-10-24 DOI: 10.1016/j.igd.2025.100296

Yunlin Chen

{"title":"Optimizing the efficiency and cost of enterprise logistics warehouse: From the perspective of green supply chain management","authors":"Yunlin Chen","doi":"10.1016/j.igd.2025.100296","DOIUrl":"10.1016/j.igd.2025.100296","url":null,"abstract":"<div><div>Enterprise logistics warehousing plays a pivotal role in modern supply chains. However, traditional warehousing operations often lead to high energy consumption and pollution, negatively impacting the environment. To achieve sustainable development, an increasing number of enterprises are focusing on green supply chain management and seeking to optimize warehousing operations. The purpose of this study is to examine the correlation between the efficiency of logistic warehouses and costs, specifically in the domain of environmentally conscious supply chain administration. A quantitative research approach was used for gathering data through a survey instrument based on a questionnaire. The survey was conducted among employees of logistics warehouses in China, and subsequent data analysis was conducted using statistical methodologies. The findings indicate significant positive correlations between logistics warehouse efficiency and factors such as warehouse layout and design; inventory management and material flow; loading, unloading, and sorting of goods; shipping and distribution processes; and green supply chain management. Similarly, logistics warehouse costs show significant positive correlations with factors such as energy consumption, labor costs, waste disposal and environmental remediation costs, inventory holding costs, and green supply chain management. The findings underscore the significance of sustainable practices, offering valuable insights for logistics management practitioners.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100296"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145362292","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

Renewable energy resources for green development in Bangladesh: Perspectives, challenges, and opportunities 孟加拉国绿色发展的可再生能源：前景、挑战和机遇

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-11-04 DOI: 10.1016/j.igd.2025.100298

Asif Raihan , Md Sadman Anjum Joarder , Syed Masiur Rahman , ABM Mainul Bari , Mohammad Ridwan , Tapan Sarker

{"title":"Renewable energy resources for green development in Bangladesh: Perspectives, challenges, and opportunities","authors":"Asif Raihan , Md Sadman Anjum Joarder , Syed Masiur Rahman , ABM Mainul Bari , Mohammad Ridwan , Tapan Sarker","doi":"10.1016/j.igd.2025.100298","DOIUrl":"10.1016/j.igd.2025.100298","url":null,"abstract":"<div><div>Energy is a substantial element in the sustainable development of nations, as global energy consumption increases along with population growth. Fossil fuel combustion results in the atmospheric dispersion of greenhouse gases, which leads to global warming and climate change. Integrating renewable energy sources into electricity generation can help tackle climate issues. This study aims to provide an overview of Bangladesh's current renewable energy capacity and predict its future potential. This review focuses on Bangladesh's ability to harness solar, wind, and bioenergy resources, reducing reliance on hydropower. Bangladesh's current renewable electricity generation capacity is 950 MW, which has the potential to meet the electricity demands of off-grid regions in the country. This study explores the challenges encountered in the establishment of renewable energy technology in Bangladesh and provides recommendations for overcoming them. This article proposes policies and strategies to increase funding for renewable energy production, energy efficiency, and green technology innovation to encourage wider adoption of renewable energy. This study provides investors, shareholders, researchers, and public and private sector decision-makers with valuable insights into renewable energy in Bangladesh to improve their understanding of renewable energy possibilities and guide sustainable and green development.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100298"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145465599","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

Firm-level climate change exposure and trade credit 企业层面的气候变化风险敞口和贸易信贷

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-11-11 DOI: 10.1016/j.igd.2025.100302

Dat Thanh Nguyen , Vuong Thao Tran , Anh Le , Dinh Hoang Bach Phan

引用次数: 0

The asymmetric effect of household and commercial energy efficiency on U.S. energy-related CO2 emissions 家庭和商业能源效率对美国能源相关二氧化碳排放的不对称影响

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-09-23 DOI: 10.1016/j.igd.2025.100293

Ojonugwa Usman , Paul Terhemba Iorember , Oktay Ozkan , Andrew Adewale Alola

{"title":"The asymmetric effect of household and commercial energy efficiency on U.S. energy-related CO2 emissions","authors":"Ojonugwa Usman , Paul Terhemba Iorember , Oktay Ozkan , Andrew Adewale Alola","doi":"10.1016/j.igd.2025.100293","DOIUrl":"10.1016/j.igd.2025.100293","url":null,"abstract":"<div><div>As environmental threats intensify, policies that reduce carbon (CO<sub>2</sub>) emissions become essential for attaining a sustainable environment. This study examines the asymmetric effect of household and commercial energy efficiency on energy-related carbon emissions in the U.S. over the period 1970 to 2040. Using the Cross-Quantilogram, Wavelet Quantile Correlation, Wavelet Coherence, Quantile-on-Quantile Regression, and Nonparametric Quantile Granger Causality approaches, the empirical results provide the following: (i) The effect of household and commercial energy efficiency on energy-related CO<sub>2</sub> emissions is negative across time, frequency domains, and conditional quantiles of the ERCE. (ii) The intensity of mitigating energy-related CO<sub>2</sub> emissions arising from household improvement in energy efficiency is stronger in the long and very long terms. At the same time, the effect of commercial energy efficiency is stronger in the short and medium terms. (iii) Household and commercial energy efficiency predicts energy-related CO<sub>2</sub> emissions across all conditional quantiles, except the extreme tails. Overall, this study provides a comprehensive analysis of how household and commercial energy efficiency asymmetrically affects energy-related CO<sub>2</sub> emissions.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100293"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145121215","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

Digital resources for green growth: The FinTech–sustainability nexus in Sub-Saharan Africa 绿色增长的数字资源：撒哈拉以南非洲的金融技术-可持续性联系

Innovation and Green Development Pub Date : 2025-10-01 Epub Date: 2025-10-27 DOI: 10.1016/j.igd.2025.100297

Yousif Abdelbagi Abdalla , Atif Awad , Adam Yahya Jafeel , M. Azhar Hussain , Ilhan Ozturk

{"title":"Digital resources for green growth: The FinTech–sustainability nexus in Sub-Saharan Africa","authors":"Yousif Abdelbagi Abdalla , Atif Awad , Adam Yahya Jafeel , M. Azhar Hussain , Ilhan Ozturk","doi":"10.1016/j.igd.2025.100297","DOIUrl":"10.1016/j.igd.2025.100297","url":null,"abstract":"<div><div>As the global economy grapples with climate imperatives and digital transformation, understanding how financial technology (FinTech) can support green growth has never been more crucial. This study examines how FinTech influences green growth in Sub-Saharan Africa (SSA) using data from 46 countries between 1990 and 2023. A composite FinTech index—capturing digital and financial infrastructure—is developed, while green growth is proxied by adjusted savings from CO<sub>2</sub> damage (% of GNI). Using system GMM and quantile regression, the findings show that, on average, FinTech contributes positively to green growth by expanding access to sustainable finance, clean energy, and environmentally friendly technologies. However, its impact is not uniform. In countries with stronger environmental performance, FinTech may inadvertently increase emissions due to rising energy consumption. In contrast, in environmentally lagging countries, FinTech plays a transformative role by enabling green investments and reducing CO<sub>2</sub> damage. These results highlight the importance of embedding environmental safeguards in digital finance strategies.</div></div>","PeriodicalId":100674,"journal":{"name":"Innovation and Green Development","volume":"4 5","pages":"Article 100297"},"PeriodicalIF":0.0,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145416943","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