{"title":"开辟绿色道路:绿色金融和能源转型在环境可持续性中的作用","authors":"Sami Ullah , Boqiang Lin","doi":"10.1016/j.gr.2025.07.024","DOIUrl":null,"url":null,"abstract":"<div><div>The growing global focus on environmental sustainability has spurred interest in exploring how energy transition and green finance contribute to fostering eco-friendly practices. This research examines the impact of just energy transition (JENT) and green finance (GF) on environmental sustainability in the USA, using the load capacity factor (LF) as a proxy for environmental sustainability alongside control variables, including GDP, urbanization, and trade openness. Utilizing time series data spanning 1990/Q1 to 2022/Q4, the analysis incorporates rigorous stationarity tests, such as QADF and QPP tests, to certify the robustness of the findings. Nonlinear methodologies, including quantile-on-quantile regression (QQR), wavelet quantile regression (WQR), and quantile-on-quantile Granger causality (QQGC), are utilized to capture the dynamic and asymmetric interactions between the variables. The outcome reveals that just energy transition and green finance can promote environmental sustainability at specific quantiles, aligning with the broader goals of mitigating climate change and reducing carbon emissions. In contrast, GDP and trade openness exhibit a detrimental effect on environmental sustainability, indicating that GDP and increased trade openness may pose challenges to eco-friendly practices. Additionally, urbanization is found to have a positive relationship with environmental sustainability, highlighting the potential benefits of urban growth in supporting sustainable development. The discoveries of QQGC reveal that core indicators, such as JENT, GF, GDP, URL, and TO, serve as meaningful analysts of LF at various quantiles. The findings underscore the importance of integrating sustainable energy policies and financing mechanisms into national and international development frameworks. Policymakers should prioritize investments in green finance and energy transition to promote environmental sustainability.</div></div>","PeriodicalId":12761,"journal":{"name":"Gondwana Research","volume":"148 ","pages":"Pages 348-367"},"PeriodicalIF":7.2000,"publicationDate":"2025-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Unveiling the green path: The role of green finance and just energy transition in environmental sustainability\",\"authors\":\"Sami Ullah , Boqiang Lin\",\"doi\":\"10.1016/j.gr.2025.07.024\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>The growing global focus on environmental sustainability has spurred interest in exploring how energy transition and green finance contribute to fostering eco-friendly practices. This research examines the impact of just energy transition (JENT) and green finance (GF) on environmental sustainability in the USA, using the load capacity factor (LF) as a proxy for environmental sustainability alongside control variables, including GDP, urbanization, and trade openness. Utilizing time series data spanning 1990/Q1 to 2022/Q4, the analysis incorporates rigorous stationarity tests, such as QADF and QPP tests, to certify the robustness of the findings. Nonlinear methodologies, including quantile-on-quantile regression (QQR), wavelet quantile regression (WQR), and quantile-on-quantile Granger causality (QQGC), are utilized to capture the dynamic and asymmetric interactions between the variables. The outcome reveals that just energy transition and green finance can promote environmental sustainability at specific quantiles, aligning with the broader goals of mitigating climate change and reducing carbon emissions. In contrast, GDP and trade openness exhibit a detrimental effect on environmental sustainability, indicating that GDP and increased trade openness may pose challenges to eco-friendly practices. Additionally, urbanization is found to have a positive relationship with environmental sustainability, highlighting the potential benefits of urban growth in supporting sustainable development. The discoveries of QQGC reveal that core indicators, such as JENT, GF, GDP, URL, and TO, serve as meaningful analysts of LF at various quantiles. The findings underscore the importance of integrating sustainable energy policies and financing mechanisms into national and international development frameworks. Policymakers should prioritize investments in green finance and energy transition to promote environmental sustainability.</div></div>\",\"PeriodicalId\":12761,\"journal\":{\"name\":\"Gondwana Research\",\"volume\":\"148 \",\"pages\":\"Pages 348-367\"},\"PeriodicalIF\":7.2000,\"publicationDate\":\"2025-08-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Gondwana Research\",\"FirstCategoryId\":\"89\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1342937X25002539\",\"RegionNum\":1,\"RegionCategory\":\"地球科学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"GEOSCIENCES, MULTIDISCIPLINARY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Gondwana Research","FirstCategoryId":"89","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1342937X25002539","RegionNum":1,"RegionCategory":"地球科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"GEOSCIENCES, MULTIDISCIPLINARY","Score":null,"Total":0}
Unveiling the green path: The role of green finance and just energy transition in environmental sustainability
The growing global focus on environmental sustainability has spurred interest in exploring how energy transition and green finance contribute to fostering eco-friendly practices. This research examines the impact of just energy transition (JENT) and green finance (GF) on environmental sustainability in the USA, using the load capacity factor (LF) as a proxy for environmental sustainability alongside control variables, including GDP, urbanization, and trade openness. Utilizing time series data spanning 1990/Q1 to 2022/Q4, the analysis incorporates rigorous stationarity tests, such as QADF and QPP tests, to certify the robustness of the findings. Nonlinear methodologies, including quantile-on-quantile regression (QQR), wavelet quantile regression (WQR), and quantile-on-quantile Granger causality (QQGC), are utilized to capture the dynamic and asymmetric interactions between the variables. The outcome reveals that just energy transition and green finance can promote environmental sustainability at specific quantiles, aligning with the broader goals of mitigating climate change and reducing carbon emissions. In contrast, GDP and trade openness exhibit a detrimental effect on environmental sustainability, indicating that GDP and increased trade openness may pose challenges to eco-friendly practices. Additionally, urbanization is found to have a positive relationship with environmental sustainability, highlighting the potential benefits of urban growth in supporting sustainable development. The discoveries of QQGC reveal that core indicators, such as JENT, GF, GDP, URL, and TO, serve as meaningful analysts of LF at various quantiles. The findings underscore the importance of integrating sustainable energy policies and financing mechanisms into national and international development frameworks. Policymakers should prioritize investments in green finance and energy transition to promote environmental sustainability.
期刊介绍:
Gondwana Research (GR) is an International Journal aimed to promote high quality research publications on all topics related to solid Earth, particularly with reference to the origin and evolution of continents, continental assemblies and their resources. GR is an "all earth science" journal with no restrictions on geological time, terrane or theme and covers a wide spectrum of topics in geosciences such as geology, geomorphology, palaeontology, structure, petrology, geochemistry, stable isotopes, geochronology, economic geology, exploration geology, engineering geology, geophysics, and environmental geology among other themes, and provides an appropriate forum to integrate studies from different disciplines and different terrains. In addition to regular articles and thematic issues, the journal invites high profile state-of-the-art reviews on thrust area topics for its column, ''GR FOCUS''. Focus articles include short biographies and photographs of the authors. Short articles (within ten printed pages) for rapid publication reporting important discoveries or innovative models of global interest will be considered under the category ''GR LETTERS''.