M. Chishti, Arshian Sharif, Qi Xu, Gagan Deep Sharma
{"title":"实现可持续发展:揭示 \"一带一路 \"倡议对能源转型的动态影响","authors":"M. Chishti, Arshian Sharif, Qi Xu, Gagan Deep Sharma","doi":"10.1002/sd.3069","DOIUrl":null,"url":null,"abstract":"This article investigates the influence of the belt and road initiative (BRI) on energy transition within the context of sustainable development goal (SDG) 7. The study utilizes daily data from May 3, 2017, to June 30, 2023, and deploys advanced econometric methods like heatmap‐based QVAR, cross‐quantilogram, and recursive time‐varying methods. The findings determine that BRI can significantly foster the global energy transition process. Further, the Paris Agreement (PA) and green finance (GF) support the energy transition system by showing positive effects. In contrast, geopolitical risk (GPR) introduces disruptive elements that impede green energy production. Notably, the amalgamation of GF, PA, and BRI showcases the potential to not only facilitate SDG 7 but also contribute substantially to SDGs 8 and 13. Based on the above findings, the study suggests fostering synergies and collaboration between GF, PA, and BRI to maximize their combined impact on the energy transition, which may decrease the influence of GPR.","PeriodicalId":48174,"journal":{"name":"Sustainable Development","volume":null,"pages":null},"PeriodicalIF":9.9000,"publicationDate":"2024-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Toward sustainable development: Revealing the dynamic impacts of the belt and road initiative on energy transition\",\"authors\":\"M. Chishti, Arshian Sharif, Qi Xu, Gagan Deep Sharma\",\"doi\":\"10.1002/sd.3069\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This article investigates the influence of the belt and road initiative (BRI) on energy transition within the context of sustainable development goal (SDG) 7. The study utilizes daily data from May 3, 2017, to June 30, 2023, and deploys advanced econometric methods like heatmap‐based QVAR, cross‐quantilogram, and recursive time‐varying methods. The findings determine that BRI can significantly foster the global energy transition process. Further, the Paris Agreement (PA) and green finance (GF) support the energy transition system by showing positive effects. In contrast, geopolitical risk (GPR) introduces disruptive elements that impede green energy production. Notably, the amalgamation of GF, PA, and BRI showcases the potential to not only facilitate SDG 7 but also contribute substantially to SDGs 8 and 13. Based on the above findings, the study suggests fostering synergies and collaboration between GF, PA, and BRI to maximize their combined impact on the energy transition, which may decrease the influence of GPR.\",\"PeriodicalId\":48174,\"journal\":{\"name\":\"Sustainable Development\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":9.9000,\"publicationDate\":\"2024-06-09\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Sustainable Development\",\"FirstCategoryId\":\"93\",\"ListUrlMain\":\"https://doi.org/10.1002/sd.3069\",\"RegionNum\":1,\"RegionCategory\":\"环境科学与生态学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"DEVELOPMENT STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Development","FirstCategoryId":"93","ListUrlMain":"https://doi.org/10.1002/sd.3069","RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
Toward sustainable development: Revealing the dynamic impacts of the belt and road initiative on energy transition
This article investigates the influence of the belt and road initiative (BRI) on energy transition within the context of sustainable development goal (SDG) 7. The study utilizes daily data from May 3, 2017, to June 30, 2023, and deploys advanced econometric methods like heatmap‐based QVAR, cross‐quantilogram, and recursive time‐varying methods. The findings determine that BRI can significantly foster the global energy transition process. Further, the Paris Agreement (PA) and green finance (GF) support the energy transition system by showing positive effects. In contrast, geopolitical risk (GPR) introduces disruptive elements that impede green energy production. Notably, the amalgamation of GF, PA, and BRI showcases the potential to not only facilitate SDG 7 but also contribute substantially to SDGs 8 and 13. Based on the above findings, the study suggests fostering synergies and collaboration between GF, PA, and BRI to maximize their combined impact on the energy transition, which may decrease the influence of GPR.
期刊介绍:
Sustainable Development is a publication that takes an interdisciplinary approach to explore and propose strategies for achieving sustainable development. Our aim is to discuss and address the challenges associated with sustainable development and the Sustainable Development Goals. All submissions are subjected to a thorough review process to ensure that our readers receive valuable and original content of the highest caliber.