Resources Policy最新文献

{"title":"AI, FinTech and clean minerals: A wavelet analysis and quantile value-at-risk investigation","authors":"Sitara Karim ,&nbsp;Afzol Husain ,&nbsp;Weng Marc Lim ,&nbsp;Ling-Foon Chan ,&nbsp;Shehnaz Tehseen","doi":"10.1016/j.resourpol.2024.105320","DOIUrl":"10.1016/j.resourpol.2024.105320","url":null,"abstract":"<div><div>The increasing demand for clean minerals and the rise of new-age technologies present significant challenges and opportunities for sustainable development. This study aims to explore how artificial intelligence (AI) and financial technology (FinTech) affect the exploitation of clean minerals in the pursuit of sustainable development. Employing wavelet analysis and quantile value-at-risk (QVaR), we provide a comprehensive analysis of the dynamic relationships, risks, and returns associated between clean minerals and these technological innovations. Our wavelet findings indicate that there are strong co-movements for aluminum, copper, and zinc with various clean and technological indices while nickel shows weak co-movements. Our QVaR results reveal significant differences in risk and return profiles across indices, underscoring the high-risk, high-reward nature of clean and technological sectors. These insights underscore the importance of incorporating AI and FinTech into regulatory frameworks and industry practices, advocating for a collaborative approach to leverage these technologies to influence the exploitation of clean minerals toward greater sustainability. Therefore, the novelty of this study lies in its comprehensive methodological approach to scrutinize the linkages between clean minerals and new-age technologies, with significant multi-stakeholder implications for policy and practice, aligning with the United Nations Sustainable Development Goals.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105320"},"PeriodicalIF":10.2,"publicationDate":"2024-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142702949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Predicting China's thermal coal price: Does multivariate decomposition-integrated forecasting model with window rolling work?","authors":"Qihui Shao ,&nbsp;Yongqiang Du ,&nbsp;Wenxuan Xue ,&nbsp;Zhiyuan Yang ,&nbsp;Zhenxin Jia ,&nbsp;Xianzhu Shao ,&nbsp;Xue Xu ,&nbsp;Hongbo Duan ,&nbsp;Zhipeng Zhu","doi":"10.1016/j.resourpol.2024.105410","DOIUrl":"10.1016/j.resourpol.2024.105410","url":null,"abstract":"<div><div>Coal, as the primary energy source in China, significantly affects the country's energy security and national economic stability. However, the highly nonlinear and non-stationary nature of coal prices poses challenges for accurate forecasting. In this study, we propose the Rolling ICEEMDAN-Methods series model based on the \"divide and conquer\" approach to predict the Bohai-Rim Steam-Coal Price Index (BSPI), involving the integration of multiple methods, including ANN, CNN, LSTM, GRU, LightGBM, and ERT. Unlike conventional univariate forecasting, we comprehensively summarise the factors influencing coal prices into eight categories, totalling 27 variables, with the aim of capturing more meaningful information. By employing the window-rolling decomposition-ensemble forecasting method, we effectively avoided information leakage and boundary effects, leading to a significant improvement in prediction accuracy. Experimental results demonstrate that the proposed Rolling ICEEMDAN-Methods outperforms other Rolling Methods in terms of accuracy and stability. Novel variables, such as attention, and the other seven categories of influencing factors contribute to enhanced prediction accuracy, among which past coal prices exhibit higher importance in determining forecast results. The findings offer valuable guidance to coal enterprises in making production decisions and provide a basis for the government to formulate macroeconomic energy policies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105410"},"PeriodicalIF":10.2,"publicationDate":"2024-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142702948","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mapping the anthropogenic zinc cycle in China from 2000 to 2021: A dynamic material flow analysis","authors":"Lu Tong ,&nbsp;Yong Geng ,&nbsp;Yueru Mei ,&nbsp;Ziyan Gao ,&nbsp;Sijie Liu","doi":"10.1016/j.resourpol.2024.105417","DOIUrl":"10.1016/j.resourpol.2024.105417","url":null,"abstract":"<div><div>Zinc is one of strategic metals for economic advancement owing to its extensive utilization in various sectors. China is the largest zinc producer and consumer in the world and plays an important role in the global zinc supply chain. However, a clear picture of zinc metabolism, including its flows and stocks, remains unclear in China. This study investigates the anthropogenic zinc cycle within China's mainland for a period of 2000–2021 by employing a dynamic material flow analysis approach. Our results indicate that the demand for zinc ores increased from 1.86 Mt (megatons) in 2000 to 7.77 Mt in 2021, while the domestic zinc consumption increased from 1.51 Mt in 2000 to 6.39 Mt in 2021. In the use stage, galvanized zinc products dominated zinc consumption with a proportion of 62.49%, with the construction sector serving as the largest end-user with a proportion of 44.17%. However, the average zinc recycling rate was only 49.4%, primarily from new scraps collected in the manufacturing stage. In order to respond to the ambitious carbon neutrality target and rapid urbanization, the Chinese government has implemented mining restriction policies to curb domestic emissions, which induced more zinc imports. Consequently, the reliance on international trade increased from 27.57% in 2013 to 46.77% in 2021. Based upon these findings, several policy recommendations are proposed, including preparing regulatory frameworks, promoting technological advancements, and applying various economic instruments. These recommendations can facilitate sustainable zinc resource management.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105417"},"PeriodicalIF":10.2,"publicationDate":"2024-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Considering the development levels of countries, contributions of mineral recovery from mining tailings and urban mining wastes to sustainability criteria – A review","authors":"Taşkın Deniz Yıldız","doi":"10.1016/j.resourpol.2024.105399","DOIUrl":"10.1016/j.resourpol.2024.105399","url":null,"abstract":"<div><div>The need for a sustainable mining waste management/legislation and mineral recovery from tailings is increasing day by day in the world. There is a need to draw a perspective for mining companies and public authorities &amp; Sustainable Development Organizations (SDOs) on the sustainable recovery of mine waste from both mining operations and urban mining. Although there are many publications in the literature on mineral recovery from mine wastes, there is a lack of a study that will respond to the information needs of public authorities &amp; SDOs in terms of both mining enterprises and urban mining sector on sustainable mineral recovery by covering the latest developments in the world and making the distinction between waste and tailing. Considering this deficiency in the literature, this study firstly emphasizes the on-site mitigation of mine wastes and their environmental impacts, and briefly discusses mine wastes &amp; tailings dams in the mining process. Then, the mitigation of negative environmental impacts in landfills and the feasibility of mineral recovery from mining tailings and urban mining wastes are evaluated. Finally, the objective of mineral recovery in the context of sustainable development and legislative efforts are discussed. The results of the study are as follows: The wastes generated as a result of mining operations have increased worldwide. These mine wastes are used to recycle mines. The necessity and nature of the recovery of minerals from wastes necessitates the efficient management of these wastes. At this point, there is a need for effective and up-to-date mining waste legislation, incentives and practices to ensure an sustainable mining waste management and optimum mineral recovery from mining tailings. The categories of \"mineral recovery from mining tailings\" and \"mineral recycling from urban mining waste\" were compared by assigning an estimated score out of ten, considering the level of development of the countries and the characteristics of the categories. In this comparison, the contribution/relationships of the activities in these categories to different sustainability criteria are shown and in-text citations are considered in the scoring. By considering these contribution levels or lack thereof, countries with different levels of development in different geographies around the world can develop their mineral waste management and mineral recovery policies in much more detail, considering their mineral requirements and waste inventories. This study may contribute to less mineral waste generation and cleaner, more efficient, and sustainable mineral recovery in mining operations, thanks to the awareness it will create for mining companies and public authorities &amp; SDOs. This study serves as a guide for SDOs and countries’ policymakers &amp; mining sector on mineral recovery from waste in countries.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105399"},"PeriodicalIF":10.2,"publicationDate":"2024-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Resource extraction, FinTech, and social equal access: A quantitative analysis of resource-rich countries","authors":"Ghulam Ghouse ,&nbsp;Mubasher Iqbal","doi":"10.1016/j.resourpol.2024.105416","DOIUrl":"10.1016/j.resourpol.2024.105416","url":null,"abstract":"<div><div>Resource-rich countries hold potential for the alleviation of social disparities and the promotion of equal opportunities. Well-managed natural resource extraction can spur economic growth, create employment, and provide funds for some of the vital social programs that improve social accessibility to education, healthcare, and infrastructure altogether. Contingent upon such change, this study investigates the impact of natural resource extraction on equitable access for all members of society across countries that happen to be endowed with resources, using data for the period 2011–2022. The Driscoll-Kraay and Panel Quantile Regression methods are used to see how an improvement in resource extraction could benefit society by mainly reducing inequality. Key findings confirm that natural resource extraction positively influences equal access across social domains. FinTech improves directly on the degree of social accessibility and moderates toward sustainable, more inclusive outcomes in the effect of natural resource extraction. The control variables point towards the productive capacities supporting equal access. In contrast, military spending and high energy consumption have adverse effects. The results reveal a dual role of resource extraction and FinTech in helping to achieve inclusive development and underscore policies that would ensure optimal resource management in facilitating equitable societal growth.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105416"},"PeriodicalIF":10.2,"publicationDate":"2024-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Efficient natural resources management through financial and innovative technologies in developing nations from the lens of economic development","authors":"Chuanzhi Huo ,&nbsp;Weijie Leng ,&nbsp;Yuy Xiang","doi":"10.1016/j.resourpol.2024.105401","DOIUrl":"10.1016/j.resourpol.2024.105401","url":null,"abstract":"<div><div>The evolution of the digital economy has emerged as a critical feature in redefining the contribution of controversial factors, such as mineral extraction, especially in the developing world. This study investigates integrating innovative financial technologies with natural resource extraction in developing Asian economies. The objective is to assess the impact of financial integration (both financial innovation and innovative technology) on improving the efficiency of natural resource utilization. For this purpose, this study employs CS-ARDL regression analysis to examine the long-run correlation between the variables from 1990 to 2021. It establishes a positive and enduring correlation between financial innovation and natural resource conservation. Moreover, innovative technologies favorably influence resource consumption as they improve the efficiency and transparency of financial processes. Thus, the results show that financial innovation and innovative technologies have emerged as potent instruments, facilitating access to financial services, improving efficient resource management, and helping conserve resources.Therefore, this study determined that advancing finance integration with technological innovation has emerged as a crucial element in achieving sustainable resource consumption, balance between economic growth, environmental preservation, and social equity in developing economies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105401"},"PeriodicalIF":10.2,"publicationDate":"2024-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703432","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Fintech adoption and sustainable deployment of natural resources: Evidence from mineral management in Brazil","authors":"Asif Raihan ,&nbsp;Filiz Guneysu Atasoy ,&nbsp;Mehmet Burhanettin Coskun ,&nbsp;Tipon Tanchangya ,&nbsp;Junaid Rahman ,&nbsp;Mohammad Ridwan ,&nbsp;Tapan Sarker ,&nbsp;Ahmed Elkassabgi ,&nbsp;Murat Atasoy ,&nbsp;Huseyin Yer","doi":"10.1016/j.resourpol.2024.105411","DOIUrl":"10.1016/j.resourpol.2024.105411","url":null,"abstract":"<div><div>This research aims to investigate the influence of FinTech implementation on responsible mineral resources management in Brazilian economy. For the study purposes it has utilized data set from 1990 to 2022 and for data analysis the autoregressive distributed lag (ARDL) approach has been used. The results show cointegration correlation between FinTech adoption, investment in eco-friendly mining, government funding for FinTech in the mining industry, environmental compliance, technological readiness, and sustainable mineral extraction. The result shows that a 1% increase in FinTech adoption and technology infrastructure readiness would improve sustainable mineral management by 0.01% and 0.03% respectively. However, a 1% increase in the government funding for FinTech in the mining industry, environmental compliance, and investments in sustainable mining technology adversely affect sustainable mineral management by 0.2%, 0.1%, and 0.1% over the long term. The finding provides insight about how variables may affect sustainable mining policies in the future. FinTech adoption and technology flexibility are expected to have a favorable impact on natural resources. This research offers important insights for using natural resources responsibly in the shift to Industry 4.0 by utilizing FinTech and technological readiness in Brazil.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105411"},"PeriodicalIF":10.2,"publicationDate":"2024-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does Fintech influence green utilization efficiency of mineral resources? Evidence from China's regional data","authors":"Xiaodong Yang ,&nbsp;Asif Razzaq","doi":"10.1016/j.resourpol.2024.105404","DOIUrl":"10.1016/j.resourpol.2024.105404","url":null,"abstract":"<div><div>The extraction and utilization of mineral resources often lead to environmental pollution and resource depletion, highlighting the urgent need to improve green utilization efficiency. At the same time, Fintech, a fusion of financial services and technological innovation, transforms the traditional financial landscape and significantly affects natural resource markets. Given this, we examines the impact of Fintech on the mineral resources green utilization efficiency (Mrgue) across 30 provincial-level administrative regions in China from 2012 to 2021. The results show that Fintech significantly boosts Mrgue, particularly in the eastern regions of China. However, these effects are less pronounced in the central and western regions. The marginal impact of Fintech on Mrgue is notably positive and strengthens at higher quantiles. A significant improvement in Mrgue is observed only after Fintech surpasses a specific threshold. Lastly, Fintech promotes Mrgue by driving green technological innovation and optimizing the energy consumption structure. These findings offer insights for policymakers to understand Fintech's role better and leverage it to advance Mrgue.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105404"},"PeriodicalIF":10.2,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Private enterprises solution for fossil fuels transition: Role of ESG and carbon reporting","authors":"Mo Bai ,&nbsp;Weixuan Wang ,&nbsp;Zhigang Li","doi":"10.1016/j.resourpol.2024.105407","DOIUrl":"10.1016/j.resourpol.2024.105407","url":null,"abstract":"<div><div>This paper analyzes the impact of ESG (Environmental, Social, and Governance) investment on China's transition from fossil fuels between 1990 and 2020 using the ARDL approach. The findings indicate that a 1% rise in ESG investment correlates with a 0.18% increase in the fossil fuels transition index in the short term and 0.36% in the long term, facilitating cleaner technologies and lowering CO2 emissions. Additionally, the development of small and medium-sized enterprises (SMEs) enhances the transition index through the adoption of eco-friendly technologies. Conversely, a 1% growth in industrial production or export volume negatively impacts the index, reflecting increased fossil fuel dependency. Furthermore, GDP per capita adversely affects the transition, revealing a higher demand for fossil fuel-dependent goods. Policy suggestions include enhancing ESG reporting and auditing, fostering a strong green finance sector, promoting environmental rankings, and increasing public awareness through media and education.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105407"},"PeriodicalIF":10.2,"publicationDate":"2024-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Reinvestigating the impact of natural resource rents on carbon emissions: Novel insights from geopolitical risks and economic complexity","authors":"Qiang Wang,&nbsp;Fuyu Zhang,&nbsp;Rongrong Li,&nbsp;Siqi Zhang","doi":"10.1016/j.resourpol.2024.105400","DOIUrl":"10.1016/j.resourpol.2024.105400","url":null,"abstract":"<div><div>Understanding the relationship between natural resource rents and carbon emissions is crucial for achieving a balance between economic development and environmental sustainability. This study reinvestigates the impact of natural resource rents on carbon emissions and explores the threshold effects of geopolitical risks and economic complexity, aiming to provide a more comprehensive understanding of their relationship. Based on an empirical analysis of panel data from 38 countries between 1995 and 2021, the conclusions are as follows. (i) The panel ARDL estimation results reveal that natural resource rents increase carbon emissions over the long term, with this finding remaining robust after addressing endogeneity. (ii) The DPTR model results indicate that natural resource rents have a non-linear impact on carbon emissions, shaped by geopolitical risks and economic complexity. As geopolitical risks escalate, the effect of resource rents on carbon emissions shifts from a reduction to an increase. On the contrary, rising economic complexity reverses this impact, causing natural resource rents to reduce carbon emissions. (iii) Heterogeneity analysis results demonstrate that only the impact of oil and natural gas rents on carbon emissions is affected by high geopolitical risks. Additionally, in contexts of high economic complexity, oil, natural gas, and forest rents help reduce carbon emissions, while coal and mineral rents have a negative impact. Finally, policy implications for global resource management and environmental sustainability that combine geopolitical risk and economic complexity are proposed.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105400"},"PeriodicalIF":10.2,"publicationDate":"2024-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658086","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}