Search Results (266)

Nearly zero-energy buildings (nZEBs) are central to global carbon reduction strategies, and Taiwan is actively promoting their adoption through building energy performance labeling, particularly in the retrofit of existing buildings. Under Taiwan’s nZEB framework, qualification requires both an A⁺ energy performance label and over 50% energy savings from retrofit technologies. This study proposes an integrated assessment framework for retrofitting small- to medium-sized office buildings into nZEBs, incorporating diagnostics, technical evaluation, policy alignment, and resource integration. A case study of a bank branch in Kaohsiung involved on-site energy monitoring and EnergyPlus V22.2 simulations to calibrate and assess the retrofit impacts. Lighting improvements and two HVAC scenarios—upgrading the existing fan coil unit (FCU) system and adopting a completely new variable refrigerant flow (VRF) system—were evaluated. The FCU and VRF scenarios reduced the energy use intensity from 141.3 to 82.9 and 72.9 kWh/m²·yr, respectively. Combined with rooftop photovoltaics and green power procurement, both scenarios met Taiwan’s nZEB criteria. The proposed framework demonstrates practical and scalable strategies for decarbonizing existing office buildings, supporting Taiwan’s 2050 net-zero target. Full article

Amid growing environmental concerns and an increasing push for sustainable development, countries in the Middle East and North Africa (MENA) region have taken proactive steps toward green growth, energy transition, and technological innovation. As a result, this study examines the effects of green growth, energy transition, technological innovation, financial inclusion, and urbanization on environmental sustainability in the Middle East and North Africa (MENA) region. Moreover, this study breaks new ground by exposing the hidden environmental costs of financial inclusion, urbanization, and technological innovation in the MENA region’s development trajectory, thereby providing compelling evidence for rethinking sustainability through an integrated approach that aligns economic ambition with ecological responsibility. Data for the studied variables were sourced from the World Bank database covering the period 1990 to 2021. The results show that green growth and energy transition significantly reduce CO₂ emissions, supporting the idea that economic expansion aligned with environmental priorities can contribute to ecological improvement. However, the impact of technological innovation is statistically insignificant, indicating that innovation in the region has not yet translated into meaningful environmental gains, possibly due to the dominance of non-green or industrial-focused innovation. Financial inclusion is found to increase CO₂ emissions, likely by facilitating greater access to credit and financial services that fuel energy-intensive consumption and production activities. Similarly, urbanization also contributes to rising emissions, reflecting the unsustainable nature of urban growth in many MENA region. Based on this study, we advocate for a coordinated regional approach to climate and energy policy, underpinned by shared governance and collective action. Full article

The Belt and Road Initiative (BRI) prioritizes infrastructure investment to enhance regional connectivity and foster sustainable economic development. Therefore, this empirical study aims to examine the impact of the BRI, specifically through Chinese foreign direct investment (CFDI) on sustainable growth in Bangladesh. The study employs the Mann–Kendall trend analysis and the generalized method of moments (GMM). For the Mann–Kendall trend analysis, sectoral FDI and output data from four major industrial sectors, obtained from Bangladesh Bank and CEIC for the period 1996–2020, are used to analyze trends in industrial development. Additionally, to assess the BRI’s role in sustainable development, this study compares green gross domestic product (GGDP) and gross domestic product (GDP) using a GMM analysis of CFDI inflows across 16 industrial sectors from 2013 to 2022, sourced from various databases. Findings reveal that CFDI significantly contributes to domestic industrial growth, particularly in the manufacturing and construction sectors. Although Bangladesh joined the BRI in 2016, a notable surge in CFDI appears from 2011–2012, partially driven by Bangladesh’s economic liberalization policies, and reflects early strategic investment consistent with China’s expanding economic diplomacy, which was later formalized under the BRI framework. The two-step system GMM results demonstrate that CFDI has a stronger impact on GGDP (0.0350) than on GDP (0.0146), with GGDP showing faster convergence (0.6027 vs. 0.1800), highlighting more robust and rapid sustainable growth outcomes. This underscores the significant Chinese investment in green sectors in Bangladesh. The study also demonstrates that the BRI supports the achievement of Sustainable Development Goals (SDGs) 7 (green energy) and 9 (sustainable infrastructure). These insights offer valuable direction for future research and policy, suggesting that Bangladesh should prioritize attracting green-oriented CFDI in sectors like energy, manufacturing, and construction, while also strengthen. Full article

In this study, we isolated and identified bacteria from the feces of a diarrheal cynomolgus monkey. The results showed that the isolated strain was P. aeruginosa, named PA/CM-101101. Morphological observations indicated that when cultured on Luria–Bertani (LB) nutrient agar at 37 °C for 24 h, the strain formed smooth, slightly elevated colonies with neat and wavy edges. On acetamide agar at the same temperature and duration, the colonies appeared flat with irregular edges and a faint pink periphery, while the medium changed to rose-red; in LB broth at 37 °C for 24 h, the medium became turbid and yellowish-green. Gram staining revealed that it was negative and rod-shaped, without sporulation characteristics. The 16S rRNA gene sequence analysis showed that the sequence identity of the strain shared more than 98.4% similarity with 11 strains of P. aeruginosa from various sources in GenBank. The animal toxicity test showed that it had a strong pathogenic effect on mice. The results of drug sensitivity tests showed that strain PA/CM-101101 was sensitive to amikacin, azithromycin, cefoperazone, ceftazidime, ceftriaxone, ciprofloxacin, gentamicin, imipenem, levofloxacin, meropenem, norfloxacin, ofloxacin, and polymyxin B; however, it displayed resistance to ampicillin, cefadroxil, cefazolin, erythromycin, and vancomycin. The research findings provide valuable insights for diagnosis and treatment strategies for cynomolgus monkeys. It also provides a reference for molecular epidemiological studies. To our knowledge, this is the first time P. aeruginosa isolated from the diarrhea feces of cynomolgus monkey has been reported. Full article

This study explores how the quality of information systems quality in management accounting (ISQMA) is associated with corporate sustainability (CS), focusing on the role of financial reporting accuracy and contextual enablers such as artificial intelligence (AI) and green corporate governance (GCG). Drawing on the Resource-Based View and Contingency Theory, the study investigates whether accurate financial data reporting (AFDR) functions as a mechanism through which ISQMA contributes to sustainability outcomes, and whether the presence of AI and GCG strengthens these associations. Empirical data were collected from 257 accounting and finance professionals working in Jordanian commercial banks, providing a robust setting where digital infrastructure and sustainability imperatives converge. The results reveal that ISQMA is positively associated with both AFDR and CS, with AFDR partially mediating this relationship. Moreover, AI and GCG were found to strengthen the relationships between ISQMA and AFDR, and between ISQMA and CS, respectively. These findings underscore that accurate, reliable financial reporting, and strong governance practices enhance the value of digital information systems in achieving corporate sustainability objectives. By integrating information quality, technological capabilities, and governance mechanisms, this study offers a comprehensive understanding of how banks can align their digital infrastructure with sustainable performance goals. The insights contribute to the growing discourse on digitally enabled sustainability and offer actionable implications for both practitioners and policymakers in emerging markets. Full article

The ability of the agriculture sector, which is exposed to climate hazards, to cope with climate challenges and to strive in spite of them, is conceptualized as the resilience of agriculture. In enhancing climate-resilient agriculture, the cash reserve ratio (CRR) is generally perceived to serve two crucial functions: first, encouraging banks to allocate credit to agriculturalists for climate-resilient agricultural practices; second, enhancing agriculturalists’ ability to sustain agricultural output growth in spite of climate crises. In light of this, we conducted an ex post evaluation of the effect of the currently in-use CRR on bank loans to climate-challenged Nigeria’s agriculture sector for climate-resilient agricultural practices. Additionally, this study investigates the CRR’s impact(s) on agricultural output growth amidst climate challenges. Other additional independent variables include monetary policy rate, government capital expenditures on agriculture, and government recurrent expenditures on agriculture, as well as temperature, precipitation, and the renewable energy supply. Using annual data from 1990 to 2022, the results from an autoregressive, distributed lag approach suggest that the standard CRR stipulated by the Central Bank of Nigeria in the present era of climate change cannot entirely sustain climate-resilient agriculture, evident in the present study’s discoveries on its inability to perform its two major functions (credit and growth) in enhancing agricultural resilience. These findings highlight the need for the green differentiation of the CRR to ensure its effective utilization in enhancing climate resilience. Full article

This study investigates the relationship between disclosures related to Sustainable Development Goal 7 (SDG 7) and the financial profitability of Romanian commercial banks during the 2017–2023 period. Using an unbalanced panel dataset of 17 banks and applying fixed-effects regression models, the paper examines how transparency around energy-related sustainability practices influences various dimensions of bank profitability: recurring earning power (REP), loan yield (LY), return on assets (ROA), and return on equity (ROE). Macroeconomic energy indicators, such as the energy intensity level of primary energy (EnInt) and renewable energy consumption (REnC), are also controlled for. The findings indicate that SDG 7.1 disclosures are negatively associated with all profitability measures, except for LY, suggesting potential short-term trade-offs between sustainability transparency and financial outcomes. In contrast, SDG 7.2 disclosures positively impact REP, ROA, and ROE, underscoring the financial relevance of renewable energy financing. SDG 7.a disclosures show no significant relationship with profitability, indicating limited operational involvement in global energy cooperation. Additionally, higher energy intensity negatively affects REP and LY, supporting existing evidence that energy efficiency improves banking performance. These findings have implications for banking strategy, emphasizing the need to align sustainability disclosures with business priorities while recognizing the long-term benefits of green finance and energy efficiency. Full article

The fungus Alternaria alternata, which causes tobacco brown spot disease, poses a serious threat to the tobacco industry. Beneficial microorganisms and their secondary metabolites have emerged as a promising green strategy for disease management. This study recovered 16 endophytic bacterial strains from Mentha haplocalyx Briq., a therapeutic herb. The study revealed that strain B5, with an inhibition rate of 82.76%, exhibited the highest antifungal activity against A. alternata. This strain exhibited broad-spectrum antifungal activity, with inhibition rates ranging from 66.34% to 87.23%. Phylogenetic analysis of 16S rDNA and gyrA gene sequences identified it as Bacillus velezensis (GenBank: PV168970 and PV173738). Further characterization revealed that strain B5 can secrete cell wall-degrading enzymes, produce IAA, and synthesize siderophores. The growth of mycelium in A. alternata was greatly reduced by both the ethyl acetate extract and the filtered liquid from the sterile fermentation, resulting in marked morphological abnormalities. Multiple antifungal active substances were identified through liquid LC-MS analysis. Greenhouse experiments demonstrated that the B5 fermentation broth effectively suppressed the occurrence of tobacco brown spot disease, achieving a relative control efficacy of 60.66%, comparable to that of 10% difenoconazole water dispersible granule (WDG). Additionally, strain B5 enhances plant disease resistance by activating the activities of key defense enzymes. B. velezensis B5 serves as a safe alternative to chemical fungicides and is highly effective at controlling tobacco brown spot disease. Full article

In light of the growing global emphasis on sustainability, understanding the nexus between green banking practices and banks’ profitability is essential and timely. The main aim of this study was to conduct a meta-analysis examining the link between green banking practices and banks’ profitability. Based on 28 proxy relationships between green banking and green financing activities on banks profitability, a random-effects meta-analytic model was used to examine the corresponding effect sizes. An overall positive statistically insignificant effect size between green financing and green banking activities on banks profitability was established, implying that green banking activities do not consistently translate into financial benefits. However, this study established considerable heterogeneity of the results due to the application of different methodologies in diverse geographical contexts and varying green financing proxies. The study strongly recommends banks and policymakers adopt tailor-made, evidence-based green financing strategies to align their sustainability initiatives with market realities, regulatory frameworks, and institutional capacities. Such strategies promote the pursuit of both financial performance and environmental responsibility. Full article

From reviewing the literature, there was still a scarcity of research about direct and indirect relationships between fintech adoption (FA) and banks’ environmental performance (BEP), particularly in developing countries. Therefore, this is a pioneering study that empirically explored the impacts of FA on BEP in the Middle East (ME) region, considering the mediating role of green accounting practices (GAPs)—such as green banking practices (GBPs), green finance (GF), and circular economy practices (CEPs)—based on legitimacy and ecological modernization (EM) theories to address these research gaps. Based on a structured survey and convenience sampling technique, the primary data were obtained from a sample of 500 members of staff from banks in Saudi Arabia, Bahrain, Egypt, Oman, Iraq, and Jordan. The structural equation model (SEM) was utilized to investigate the relationships among this study’s variables. The findings indicated that FA positively and significantly impacts GBPs, GF, CEPs, and BEP, which answered the first research question. Furthermore, the linkage between FA and BEP is positively and significantly mediated by GBPs, GF, and CEPs; thus, the second research question was answered. The findings provide bank executives and policy makers with valuable understanding and suggestions to deploy more investments in eco-friendly practices to enhance the environmental performance (EP), societal legitimacy, and achieve competitive advantage. Additionally, collaboration among the banking institutions, governments, and international firms is essential to promote FA and GAPs and enhance the EP. Full article

This study investigates residential segregation and housing types in Craiova, Romania, with a particular focus on the disparities shaped by historical and contemporary urban developments. Using collected data from former hostels built for young workers during the communist era, this research maps and analyzes the spatial distribution and living conditions of these housing types at a neighborhood level. Key metrics such as the number of inhabitants, the surface area of rooms, the current occupancy rates, and the number of unoccupied rooms were collected. Additionally, residential segregation is measured using indices of dissimilarity, isolation, exposure, concentration, and centralization, providing a comprehensive view of the socio-spatial divides within the city. The findings indicate significant disparities between these buildings with unsuitable living conditions and the newer residential developments, revealing a clear urban divide. No differences have been identified in terms of access to urban services like education, health, green areas, banks, or supermarkets, despite the appropriate location differences being noted in access to water and gas supply, and internet services. This study contributes to the understanding of how housing types and access to services in Craiova shape patterns of residential segregation, and it suggests policy interventions aimed at mitigating the negative impacts of these urban divides. Full article

Green banking has become a concept of interest, particularly with the focus on the role played by banks in pursuing Sustainable Development Goal 13 on climate action. This study is distinguished from previous ones in that it aimed at investigating the multi-regional view on green banking practices/activities around the world with a special emphasis on the opportunities and challenges that various banks encounter in different geographical areas. A systematic review approach was adopted based on the Web of Science and Scopus databases, in which 159 articles were retrieved and 62 articles synthesized through a thematic analysis. The research process was demonstrated through a Prisma 2020 flowchart. Key multiregional green banking activities identified include digital banking, green loan or sukuk products for Islam-dominated economies, green services and investments, and financing of green infrastructure. In essence, the implementation of green banking is either directly through active green lending and greening their operations or indirectly through enhancing conditions. The key challenges identified include regulatory handles, social economic and culture hinderances, transition risk and the high cost of compliance, greenwashing concerns, and weak investor confidence. The most prevalent opportunities included green banking as a strategic competitive advantage, emerging market niche, and as a strategy for long-term climate risk management. Full article

In the global pursuit of sustainable development and climate change mitigation, reconciling export growth with environmental protection has emerged as a universal challenge. As the world’s largest developing economy, China has traditionally relied on a resource-intensive development model to fuel rapid foreign trade growth. However, this extensive growth pattern has not only led to environmental pollution domestically but has also encountered hurdles from international green trade barriers. Finance, as a key driver of stable economic growth, plays a pivotal role in achieving high-quality trade development. Against this backdrop, the Chinese government has introduced the green credit interest subsidies policy. This policy aims to coordinate government financial resources and guide capital toward green production, alleviating financing constraints and fostering the upgrading of export product quality. Utilizing data from the World Bank, China Customs statistics, and provincial panels from 2011 to 2020, this study employs a multi-period difference-in-differences (DID) model to examine the causal impact of the green credit subsidies policy on efforts to upgrade the export quality of green products across China’s regions. The benchmark regression results indicate that the green credit interest subsidies policy has significantly improved the export quality of green products across China’s manufacturing industries. Heterogeneity analysis shows that this policy has had a more pronounced positive impact on green product quality in industries with quality-based competition strategies, in regions with well-coordinated local finance and financial policies, as well as in countries that have concluded environmental clauses with China. Mechanism analysis reveals that, on the export side, the policy enhances green product quality by easing financing constraints, increasing green credit, boosting productivity, and upgrading industrial structures. On the import side, the policy promotes green product quality by expanding the scale, variety, and quality of green intermediate goods. This research offers valuable insights for developing countries aiming to establish export-oriented green transformation and upgrading strategies. Full article

Agricultural financing is crucial for economic development and sustainability. However, little is known about how bankers’ concerns about climate change influence their decision-making for agricultural financing and development and how these concerns are related to possible future performance. This study investigates a research question “how do bankers’ climate concerns and value orientation influence agricultural financing and development?” and the hypotheses “bankers’ climate concerns are negatively related to agricultural financing and development, whereas their value orientation for future generations is positively associated with these endeavors”. We conduct questionnaire surveys and collect data on climate concerns, prosocial attitude for future generations and sociodemographic & bank related information from 596 bankers at three areas in Bangladesh. The results reveal three main findings. First, bankers who have high levels of climate concerns tend to be less optimistic about agricultural financing and development. Second, bankers who live in high climate-change areas tend to have more severe climate concerns and darker prospectives in agricultural financing and development than those in low climate-change areas. Third, bankers who have a high value orientation for future generations are likely to be positive about future agricultural financing and development. Overall, our findings suggest that future agricultural financing and development shall be discouraged as climate change becomes severe, hitting low-land areas, such as Bangladesh, through the lens of bankers’ perceptions, unless the bankers possess high concerns for future generations. To counter such negative possibilities, a new agricultural financing scheme, such as “agricultural green banking”, shall be necessary to implement. Full article

This study intends to ascertain the correlation between green banking practices and the sustainable environmental performance of private banks. It further investigates the mediating role of employee green behavior and motivation. This study used a quantitative research method to test the study hypotheses. A standardized questionnaire with a 5-point Likert scale was utilized to collect data for the survey. The sample size consisted of 376 respondents who were conveniently selected. Data were analyzed using PLS software (Version 4.0). The main finding is that employees’ green motivation mediated the link between employee-related and customer-related green practices and a bank’s environmental performance. Equally, employee green behavior mediated the link between employee-related, operation-related, and customer-related green practices and a bank’s environmental performance. This study is one of few in Bangladesh’s banking sector that provide a comprehensive overview of green banking practices, employee green motivation and behavior, and their connections to banks’ sustainable environmental performance. Full article