M. Nohong, M. Sobarsyah, Nur Alamzah, Andi Sylvana, Bahtiar Herman
{"title":"Green Financial Management and its Impact on Small Medium Enterprises (SMEs): An Empirical Study in Indonesia","authors":"M. Nohong, M. Sobarsyah, Nur Alamzah, Andi Sylvana, Bahtiar Herman","doi":"10.1142/s1464333224500017","DOIUrl":"https://doi.org/10.1142/s1464333224500017","url":null,"abstract":"This study investigates the relationships between Green Financial Management (GFM), Green Operational Practices (GOP), and Financial Performance (FP) within Indonesian firms, offering new insights into the strategic importance of sustainability in financial management. We conducted a multivariate analysis of data obtained from a sample of 256 firms in Indonesia. The results reveal a significant positive association between GFM and GOP and a subsequent improvement in FP. Moreover, our study finds that the Regulatory Environment (RE) and Market Competition (MC) play moderating roles in the GFM–GOP relationship. In contrast, the GOP serves as a mediator between GFM and FP. Despite various limitations, this research offers crucial empirical support for the idea that green finance management may enhance a company’s environmental responsibility and financial success. The report also identifies areas for further investigation, emphasising how crucial sustainability is to corporate strategy planning.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":" 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139623776","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}
Bui Huy Nhuong, Luong Thi Thu Hang, Do Thi Thu Thuy, Phung Thanh Quang, Khuc The Anh
{"title":"Investigating the Nexus Between Foreign Direct Investment and Sustainable Energy Transition: The Case of Vietnam","authors":"Bui Huy Nhuong, Luong Thi Thu Hang, Do Thi Thu Thuy, Phung Thanh Quang, Khuc The Anh","doi":"10.1142/s1464333223500230","DOIUrl":"https://doi.org/10.1142/s1464333223500230","url":null,"abstract":"This study investigates how foreign direct investment (FDI) has impacted Vietnam’s sustainable energy transition from 1988 to 2020, utilising the autoregressive distributed lags (ARDL) technique for analysis. In the short term, a 1% increase in FDI is linked to a minor 0.015% reduction in the quality of energy transformation, indicating initial adverse environmental effects. However, in the long term, a notable improvement of 0.042% in energy transformation quality suggests that FDI-driven initiatives positively contribute to sustainable energy practices. Simultaneously, other factors such as the Consumer Price Index (CPI) demonstrate detrimental impacts both in the short term (0.039% decrease) and the long term (0.429% decrease), posing challenges to environmentally friendly projects. Conversely, the Green Economic Growth Index displays significant positive effects in both the short term (0.397% increase) and the long term (0.184% increase), emphasising the importance of fostering green economic growth. To accelerate the progress of sustainable energy transition, Vietnam is encouraged to implement policies encompassing the digitization of green initiatives, the introduction of green financing mechanisms, and the provision of supportive incentives for environmentally-conscious investors.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"63 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139448975","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}
Farhad Taghizadeh-Hesary, Lilu Vandercamme, Han Phoumin
{"title":"Enhancing the Economic Feasibility of Carbon Capture, Utilisation, and Storage (CCUS) Projects","authors":"Farhad Taghizadeh-Hesary, Lilu Vandercamme, Han Phoumin","doi":"10.1142/s1464333223500242","DOIUrl":"https://doi.org/10.1142/s1464333223500242","url":null,"abstract":"Carbon capture, utilisation, and storage (CCUS) technologies have the potential to play a crucial role in mitigating climate change by capturing CO2 emissions from industrial processes and power generation. This study aims to explore the economic feasibility of CCUS and provide practical policy recommendations for making CCUS technologies economically feasible. The findings emphasise the importance of integrated policy frameworks, carbon pricing mechanisms, R&D investments, international collaboration, regulatory certainty, public awareness, and industry collaboration to unlock the potential of CCUS.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"55 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139449532","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}
Renuka Vinod Chimankare, Subra Das, Karmjeet Kaur, Dhiraj B. Magare
{"title":"Mutated Leader Optimisation Algorithm-Based Microclimate Modelling on Greenhouse Concerning Flower Plant Growth","authors":"Renuka Vinod Chimankare, Subra Das, Karmjeet Kaur, Dhiraj B. Magare","doi":"10.1142/s1464333223500205","DOIUrl":"https://doi.org/10.1142/s1464333223500205","url":null,"abstract":"Microclimate modelling in a greenhouse is complicated due to the model’s irregularity and uncertainty of variable parameters. Evaluating the greenhouse’s changing climate is challenging since the conditions are always changing. As a result, it is necessary to determine the best way to manage the microclimate for the healthy development of growing plants. In order to maximise the growth of blooming plants, a modified leader optimisation algorithm (MLA) is created in this study to control the inside environment of a greenhouse. The implementation is done using greenhouses with a double-span structure located in Punjab and Mohali in India. The recommended approach analyses a number of characteristics, including carbon dioxide (CO2) concentration, temperature, and humidity, to keep track of the greenhouse’s environment. The humidity, temperature and CO2 content of flowering plants are studied using the proposed method implemented using MATLAB tool. The evaluated parameters are compared to conventional techniques like Battle Royale Optimisation (BRO), Particle Swarm Optimisation Algorithm (PSO), and BAT algorithm (BAT). Cost and energy consumption are also calculated for both proposed and existing models. Additionally, for the microclimatic parameters, error metrics, including Mean Absolute Error (MAE), Maximum Absolute Error (MaxAE), Mean Square Error (MSE), Root Mean Square Error (RMSE), and Standard Deviation (STD) are analysed and compared with the conventional approaches. The comparative outcomes highlight the minimal error metrics of a suggested MLA for temperature, humidity, and CO2 levels in blooming plants. The result analysis proves that the proposed MLA model is better than the previous models for predicting the proper range of CO2 concentration, suitable temperature, and perfect humidity for flowering plants. This demonstrates the effectiveness of the proposed MLA approach compared to the established methods for developing blooming plants.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139236757","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}
{"title":"The Interacting Role of Corruption Control in the Relationship Between Financial Development and Ecological Footprint: Evidence from Top Selected African Countries","authors":"Ibrahim Farouq, Zunaidah Sulong","doi":"10.1142/s1464333223500217","DOIUrl":"https://doi.org/10.1142/s1464333223500217","url":null,"abstract":"Recent studies suggest that financial development has several implications for the ecological footprint. However, the relevance of corruption control in the nexus between financial development and ecological footprint remains an open question. Owing to the high level of corruption in the leading African economies, domestic credit may not be available to prospective investors for environmentally friendly production. Therefore, this study inspired by the growing threats to environmental quality examines the mitigating effects of financial development and corruption control on the ecological footprint of ten leading African economies. The study also investigated the moderating role of corruption control in the link between financial development and ecological impact. Our study employs the dynamic common correlated effects approach (a second-generation technique) using panel data from 1996 to 2020. Results: The empirical findings of the estimation unveiled that financial development, economic growth, and corruption control intensify ecological footprint, while economic growth square reduces it. The result confirms the U-shaped relationship between economic growth and ecological footprint. The interactive term of corruption control and financial development shows that corruption control significantly moderates the positive impact of financial development on the ecological footprint. These results persist when cross-sectional auto-regressive distributive lag is used to re-estimate the model. Furthermore, Dumitrescu and Hurlin’s causality tests show two-way causality between ecological footprint, financial development, corruption control, and economic growth. The study guides economies to develop policies to enhance financial instruments necessary to help mitigate ecological footprint.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":" 38","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135293038","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}
Manuel A. Zambrano-Monserrate, Vanessa Ormeño-Candelario
{"title":"How Do Natural Resource Rents Affect the Ecological Footprint? A Study for 24 Nations","authors":"Manuel A. Zambrano-Monserrate, Vanessa Ormeño-Candelario","doi":"10.1142/s1464333223500229","DOIUrl":"https://doi.org/10.1142/s1464333223500229","url":null,"abstract":"The main objective of this study was to analyse the disaggregated effect of natural resource rents on the ecological footprint in 24 countries. The impact of rents from oil, natural gas and minerals was examined. Using the CS-ARDL approach, it was found that these natural resources increase the ecological footprint, albeit by different amounts. For example, oil rents have a greater impact on the environment than natural gas and mineral rents. The latter generate less environmental pollution. In addition, using the approach of Dumitrescu and Hurlin (2012), a bidirectional relationship was found between oil rents and the ecological footprint. A similar result was obtained between mineral rents and this indicator of environmental degradation. This implies that, if countries decide to reduce their ecological footprint, the rents they derive from these resources will be affected. Therefore, it is essential that nations promote environmentally friendly natural resource extraction practices, using advanced technologies aligned with sustainable development principles. In the case of natural gas rents, these were found to cause an impact on the ecological footprint without feedback effects. This means that countries can be sure that decreasing their ecological footprint will not have an economic impact in relation to the rents they earn from natural gas. Therefore, countries are encouraged to continue to promote the sustainable extraction of this resource.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":" 35","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135293041","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}
T. Wentzel, F. P. Retief, R. C. Alberts, H. J. Moolman, C. Roos, D. P. Cilliers
{"title":"The Quality of Biodiversity Inputs to Environmental Impact Assessment (EIA) in the Succulent Karoo Biodiversity Hotspot, South Africa","authors":"T. Wentzel, F. P. Retief, R. C. Alberts, H. J. Moolman, C. Roos, D. P. Cilliers","doi":"10.1142/s1464333223500199","DOIUrl":"https://doi.org/10.1142/s1464333223500199","url":null,"abstract":"Environmental impact assessment (EIA) is an important environmental policy instrument to proactively inform development decisions that might impact biodiversity, especially in internationally recognised biodiversity hotspots. One such hotspot region is the Succulent Karoo Biodiversity Hotspot (SKBH), known for its rich endemism of flora and fauna. The aim of this research is to determine the quality of biodiversity inputs to EIA in areas with high biodiversity value, such as the SKBH. This was achieved by reviewing the quality of biodiversity inputs to 16 EIAs against a tailor-made review package. The review produced ‘unsatisfactory’ results related to the integration of biodiversity impacts, public participation, and continual monitoring. ‘Satisfactory’ results were achieved for the consideration of ecological approaches, description of the baseline environment, and the application of the precautionary principle. To address the unsatisfactory results, we recommend the development of context specific guidelines dealing with (i) significance thresholds, (ii) alternatives and mitigation, and (iii) monitoring plans. Standard approaches, guidelines, and general competencies do not suffice for EIA in biodiversity hotspots.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135430790","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}
{"title":"Environmental Assessment of Onshore Wind Energy Plans in Germany and Scotland: A Procedural Compliance with Respect to Integration of Climate Change Impacts","authors":"Hina Khan Baloch, Ulrike Weiland","doi":"10.1142/s1464333223500163","DOIUrl":"https://doi.org/10.1142/s1464333223500163","url":null,"abstract":"Strategic environmental assessment (SEA) provides an opportunity to integrate climate change issues into renewable energy plans to mitigate the effects of climate change. In this study, we conducted a comparative analysis of the extent to which climate change issues are incorporated into SEAs of onshore wind energy plans in Germany and Scotland. To achieve our objective, we employed a modified version of the Lee and Colley review package to analyse SEA reports. The combined results of our analysis show that 49% and approximately 45% of the overall tasks performed in all the review areas in terms of climate change integration in the documents reviewed were considered satisfactory for Germany and Scotland, respectively. In order to effectively consider the climate change impacts in SEAs and to efficiently plan for onshore wind energy development, due consideration should be given to the adoption of diverse methodological approaches and models of climate change.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"231 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135870893","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}
{"title":"Assessing the Cross-Border Impacts of Climate Change Response Measures on Iran: A Qualitative System Analysis","authors":"Atiyeh Najafighodousi, Leila Zamani, Fariba Nemati","doi":"10.1142/s1464333223500187","DOIUrl":"https://doi.org/10.1142/s1464333223500187","url":null,"abstract":"To achieve Goal 13, which addresses climate change and promotes sustainable development, mitigation policies, and measures have been implemented globally and nationally. However, such practices can lead to unintended side effects, which vary between countries based on their economic structures and governance status and may jeopardise the achievement of other goals. It is vital to alleviate these effects, especially in vulnerable countries. To do so, a comprehensive assessment of the potential impacts of policies must be conducted, and appropriate interventions must be implemented to mitigate the negative effects that have already begun in oil-exporting developing countries. This study aims to assess the cross-border consequences of response measures on Iran’s economic, social, and environmental status using a Causal Loop Diagram (CLD). The findings indicate that these policies directly affect the government’s revenues and expenditures, which in turn affect economic activities and indirectly affect socioeconomic variables.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"225 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136034516","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}
Hassanudin Mohd Thas Thaker, Muhammad Rizky Prima Sakti, Abdul Qoyum, Mohamed Asmy Mohd Thas Thaker, Mosharrof Hosen
{"title":"Recent SDGs and ESG Implementation by Qatar","authors":"Hassanudin Mohd Thas Thaker, Muhammad Rizky Prima Sakti, Abdul Qoyum, Mohamed Asmy Mohd Thas Thaker, Mosharrof Hosen","doi":"10.1142/s1464333223500175","DOIUrl":"https://doi.org/10.1142/s1464333223500175","url":null,"abstract":"The gas-rich nation, Qatar, became the first Middle Eastern country to host the FIFA World Cup in 2022, after beating South Korea, Japan, Australia, and the US. Qatar invested an enormous amount of money in implementing the measures outlined by FIFA and United Nation’s Sustainable Development Goals (SDGs), and the World Cup was included in Qatar’s sustainable Vision 2030. Qatar has gained international support and wants to host more mega-events despite controversies surrounding its FIFA World Cup, including workers’ deaths during infrastructure construction and protests from western athletes, politicians, and media against the Qatari government and FIFA’s ban on LGBT+ symbols and alcohol in the stadium. Qatar’s 2022 FIFA World Cup left a sustainable legacy by following ESG principles. This paper analysed how FIFA 2022 applies SDGs, ESG, and Islamic principles and their managerial implications. We concluded with lessons to be learnt from FIFA 2022 and Qatar’s investments in green infrastructure, sustainable mobility, and carbon offsetting, as well as how the country’s efforts to leave a sustainable legacy after the event could inspire other nations.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135740519","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}