Luo Hehua, Zahid Iqbal, Syed Zain Ul Abidin, Aiedh Mrisi Alharthi, Olayan Albalawi, Tian Tian
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The role of digital finance, technological innovation, and human development to utilize natural resources efficiently: Analysis from developing Asia
This study explores the transformative impact of the convergence of digital finance, technological innovation, and human development on the utilization of natural resources. Employing panel data from 1995 to 2019 for developing Asian nations and utilizing the CS Autoregressive Distributed Lag (CS‐ARDL) model, the research unveils a positive and significant relationship between all independent variables and the utilization of natural resources. The collaborative interplay among these variables has led to remarkable progress, profoundly influencing the sustainable management of the Earth's finite resources. Positioned at the forefront of the digital revolution, financial technologies (fintech) have emerged as potent instruments, facilitating access to financial services and fostering comprehensive economic growth. Within developing Asian nations, the intricate dynamics among digital finance, technological innovation, and human development hold substantial potential to optimize natural resource efficiency, promoting sustainable economic growth and environmental stewardship. The amalgamation of these factors plays a pivotal role in nurturing sustainable practices, mitigating environmental degradation and propelling fair socioeconomic development.
期刊介绍:
Natural Resources Forum, a United Nations Sustainable Development Journal, focuses on international, multidisciplinary issues related to sustainable development, with an emphasis on developing countries. The journal seeks to address gaps in current knowledge and stimulate policy discussions on the most critical issues associated with the sustainable development agenda, by promoting research that integrates the social, economic, and environmental dimensions of sustainable development. Contributions that inform the global policy debate through pragmatic lessons learned from experience at the local, national, and global levels are encouraged.
The Journal considers articles written on all topics relevant to sustainable development. In addition, it dedicates series, issues and special sections to specific themes that are relevant to the current discussions of the United Nations Commission on Sustainable Development (CSD). Articles must be based on original research and must be relevant to policy-making.
Criteria for selection of submitted articles include:
1) Relevance and importance of the topic discussed to sustainable development in general, both in terms of policy impacts and gaps in current knowledge being addressed by the article;
2) Treatment of the topic that incorporates social, economic and environmental aspects of sustainable development, rather than focusing purely on sectoral and/or technical aspects;
3) Articles must contain original applied material drawn from concrete projects, policy implementation, or literature reviews; purely theoretical papers are not entertained.