Correction: Liu, W.; Waqas, M. Green Innovation at the Crossroads of Financial Development, Resource Depletion, and Urbanization: Paving the Way to a Sustainable Future from the Perspective of an MM-QR Approach. Sustainability 2024, 16, 7127

The authors would like to make the following corrections to the published paper [1]. The changes are as follows:

(1) Deleting the citations of [14,15,43,44,48,50,54,65] in the main text.

Deleting citations [14,15] in Section 1, “Introduction”, paragraph 4.

The deleted parts read as follows:

Consequently, the significance of research and development in this context is underscored by the findings of Sun et al. [14].

Reference [15] citation in the main text.

Deleting citation [43] in Section 2.2, “Financial Development and Carbon Emissions”, paragraph 3.

The deleted parts read as follows:

The association between economic growth and emissions of hazardous gases was also examined by Hai Ming et al. [43] using a panel data model. Carbon emissions are reported to be lower in regions with an established economic system, whereas they are found to be greater in locations with a less established financial system.

Deleting citation [44] in Section 2.2, “Financial Development and Carbon Emissions”, paragraph 4.

The deleted parts read as follows:

Tang et al. [44] found a similar effect, implying that broadening the scope of the financial system favors a minimalist setting. When using the GMM on data from 83 economies, including both developed and developing ones, FD and its subdivisions like depth and efficiency reduce CO₂ emission. Independent economies, as well as overall financial development and its subcategories, had no discernible effect on CO₂ emission intensity.

Deleting citation [48,50] in Section 2.2, “Financial Development and Carbon Emissions”, paragraph 5.

The deleted parts read as follows:

Du et al. [48] suggest that simple access to financial instruments lowers financial costs, which increases energy-intensive output and reduces carbon emissions in the short and long term.

Nasir et al. [50] argue that ICT-mediated FD increases CO₂ emissions.

Deleting citation [54] in Section 2.2, “Financial Development and Carbon Emissions”, paragraph 6.

The deleted parts read as follows:

Li et al. [54] found that FD reduces carbon emissions in developed nations, because leading financial organizations provide low-interest loans to R&D and renewable energy projects that increase energy efficiency and reduce carbon emissions.

Deleting citation [65] in Section 3.2, “Theoretical Model”, paragraph 1.

The deleted parts read as follows:

Reference [65] citation in the main text.

(2) Deleting reference nos. [14,15,43,44,48,50,54,65] in Section References.

The deleted parts read as follows:

14. Sun, X.; Waqas, M. Assessing the Influence of Tourism Development, via Renewable Energy and Green Finance in Achieving High-Quality Economic Development. Heliyon 2024, 10, e33970.

15. Ip, Y.; Iqbal, W.; Du, L.; Akhtar, N. Assessing the Impact of Green Finance and Urbanization on the Tourism Industry—An Empirical Study in China. Environ. Sci. Pollut. Res. 2022, 30, 1–17.

43. Hai Ming, L.; Gang, L.; Hua, H.; Waqas, M. Modeling the Influencing Factors of Electronic Word-of-Mouth about CSR on Social Networking Sites. Environ. Sci. Pollut. Res. 2022, 29, 66204–66221.

44. Tang, Y.M.; Chau, K.Y.; Fatima, A.; Waqas, M. Industry 4.0 Technology and Circular Economy Practices: Business Management Strategies for Environmental Sustainability. Environ. Sci. Pollut. Res. 2022, 29, 49752–49769.

48. Du, L.; Razzaq, A.; Waqas, M. The Impact of COVID-19 on Small and Medium-Sized Enterprises (SMEs): Empirical Evidence for Green Economic Implications. Environ. Sci. Pollut. Res. 2022, 30, 1540–1561.

50. Nasir, M.H.; Wen, J.; Nassani, A.A.; Haffar, M.; Igharo, A.E.; Musibau, H.O.; Waqas, M. Energy Security and Energy Poverty in Emerging Economies: A Step Towards Sustainable Energy Efficiency. Front. Energy Res. 2022, 10, 1–12.

54. Li, M.; Yao-Ping Peng, M.; Nazar, R.; Ngozi Adeleye, B.; Shang, M.; Waqas, M. How Does Energy Efficiency Mitigate Carbon Emissions Without Reducing Economic Growth in Post COVID-19 Era. Front. Energy Res. 2022, 10, 1–14.

65. Musah, M.; Owusu-Akomeah, M.; Kumah, E.A.; Mensah, I.A.; Nyeadi, J.D.; Murshed, M.; Alfred, M. Green Investments, Financial Development, and Environmental Quality in Ghana: Evidence from the Novel Dynamic ARDL Simulations Approach. Environ. Sci. Pollut. Res. 2022, 29, 31972–32001.

With this correction, the order of some references has been adjusted accordingly.

The authors state that the scientific conclusions are unaffected. This correction was approved by the Academic Editor. The original publication has also been updated.