Search Results (277)

This study investigates how financial growth connects to regional environmental performance within the framework of policies aimed at reducing carbon emissions. It uses a comprehensive panel dataset covering the period from 2010 to 2024. Although Kazakhstan has set ambitious targets, significant differences in financing levels and institutional development across regions pose substantial obstacles to achieving the target emissions reductions. Employing regional panel data, we use a random-effects model to assess links among banking loans, governmental funding metrics, employment statistics, and pollution measurements. Principal component analysis is utilized to tackle potential collinearity and reveal fundamental patterns. This approach reflects the inherent differences between regions rather than evolutionary shifts. The obtained empirical data demonstrate a significant relationship between high levels of bank loans and reduced carbon emissions. Regions with better access to financial services are better positioned to invest in energy efficiency, green infrastructure, and green innovation. Conversely, increases in regional budgets are associated with rising emissions, as tax revenue growth primarily comes from industries most dependent on fossil fuels. Dependence on the national budget for subsidies exacerbates distortions in regional budgets’ relationship with the regions’ transition to low-carbon development. The findings confirm the importance of regional financial management in determining the path to reducing greenhouse gas emissions. Based on this, it is proposed to transform the mechanism of interbudgetary relations to grant regions greater financial autonomy and to localize credit resources at the regional level to accelerate the transition to a low-carbon economy in Kazakhstan. Full article

The automotive industry’s shift to a Circular Economy for global sustainability is vital, but it faces challenges when establishing efficient Reverse Supply Chains. Reverse Supply Chain implementation is dependent on multiple barriers and enablers, including eco-nomic, managerial, technological, regulatory, and social domains, thus making single-factor solutions ineffective. The purpose of this review is to conduct a systematic literature review to understand how these interconnected barriers and enablers can collectively shape Reverse Supply Chain implementation and performance, specifically within the automotive sector, which remains little known. The PRISMA framework was utilised, which resulted in 129 peer-reviewed articles being selected for review. Findings showed that the literature focuses primarily on Electric Vehicle batteries within developing economies, particularly China. Reverse Supply Chain implementation is governed not only by isolated barriers but by complex systemic interdependencies between enablers as well. This complex inter-relationship between barriers and enablers can be categorised into five key dimensions: economic and financial; managerial and organisational; technological and infrastructural; policy and regulatory; and market and social. The study reveals two systemic patterns driving the transition: technology–policy interdependence and the conflicting relationship between large-scale production and value extraction. Our findings also presented a research agenda focusing on strategic value creation through material streams of automotive electronics, plastic, and composites with high potential value, and further insights are needed in regions such as the Middle East, Oceania, and the Americas. Organisations should consider Reverse Supply Chain as a strategic approach for securing critical material supplies, while policymakers could leverage the use of digital tools as the foundational infrastructure for subsidies allocation and prevent fraud. Full article

Despite substantial growth in eco-innovation (EI) research, most studies rely on cross-sectional data, limiting understanding of the temporal dynamics of EI and its determinants under varying macroeconomic conditions. This study addresses this gap by analysing panel data from Spanish manufacturing firms across three phases of the business cycle: pre-crisis expansion (2004–2007), the global financial crisis (2008–2013), and recovery (2014–2016). We investigate the drivers of two distinct types of eco-innovation: efficiency EI (energy and material savings) and environmental EI (reducing environmental harm), focusing on the role of regulation, institutional interventions, and firm-level innovation capacities. Using a random-effects panel probit model that accounts for unobserved firm heterogeneity, we examine how these drivers operate across different macroeconomic contexts. Our findings reveal that regulation consistently fosters EI, while the influence of subsidies, R&D capacity, and collaborative networks is more context-dependent, particularly during economic downturns. The results highlight the cumulative, path-dependent, and cyclical nature of EI, providing novel insights into the conditions that enable firms to sustain green innovation over time. Drivers of eco-innovation differ systematically between efficiency- and environment-oriented strategies, and these differences remain stable over the business cycle, implying distinct underlying mechanisms and policy implications. Accordingly, policy design—particularly during economic downturns—should distinguish between reinforcing incentives for internal efficiency improvements and sustaining regulatory and financial support for environmental EI. Full article

Aquaculture digitalization is increasingly regarded as a crucial pathway to improving productivity, sustainability, and resilience in the fisheries sector. Policy instruments intended to foster this digital transformation—such as substantial subsidies and stringent regulatory mandates—often face constraints stemming from fiscal limitations, administrative burdens, and implementation inefficiencies. Behavioral interventions (nudges) represent a potentially effective and less resource-intensive alternative, yet their capacity—individually or in conjunction with moderate subsidies and regulatory measures—to foster aquaculture digitalization remains empirically underexplored. Drawing on survey data from 254 fish farmers in the lower Yangtze River region and employing a combination of principal component analysis (PCA), ordinary least squares (OLS) regression, Propensity Score Matching (PSM), and Gradient Boosted Trees (GBT) techniques, this study finds that: (1) Social nudging has a robust and consistent positive effect on digital transformation; (2) The effects of subsidies and regulations are heterogeneous and context-dependent; (3) The negative interactions between nudging and constraints, as well as between nudging and subsidies, are context-dependent and tend to inhibit digital transformation; (4) Policy effects display marked heterogeneity across different contexts, particularly with respect to sales channels, external pressures, producers’ transformation capabilities, and the scale of aquaculture operations. These findings deepen the understanding of how behavioral and structural policies interact in agricultural digitalization, emphasizing that effective policy should combine financial and regulatory measures with efforts to strengthen farmers’ digital awareness and behavioral adaptability. Full article

The widening digital divide within the Global Critical Mineral Resource Supply Chain (GCMRS) 4.0 creates significant barriers to cross-border governance and operational efficiency. To quantify and address this disparity, this study identifies 20 Critical Success Factors (CSFs) through expert interviews with 15 industry specialists in South Korea. A hybrid multi-criteria decision-making framework integrating Fuzzy DEMATEL, Analytic Network Process (ANP), and the Choquet integral is developed to map causal relationships and determine factor weights. The empirical results reveal a distinct ‘technology-first’ dependency. Specifically, Scalable Technical Solutions and Cloud Computing Access emerge as the primary driving forces with the highest global weights, while Digital Investment Subsidies serve as the central hub for resource allocation. Unlike generic governance models, this study provides a quantifiable decision-making basis for policymakers. It demonstrates that bridging the hard infrastructure gap is a prerequisite for the effectiveness of soft collaborative mechanisms in the critical mineral sector. Full article

Electromobility provides an effective solution for developing countries to reduce dependence on fossil fuels, enhance energy security, and increase environmental sustainability. The current study evaluates the feasibility of implementing electric vehicles (EVs) powered by renewable energy in developing countries. Based on qualitative methods, including expert interviews, it discusses existing transportation systems, the benefits of EVs, and significant constraints such as poor infrastructure, high initial investment, and ineffective policy structures. Evidence further suggests that EV adoption is likely to bring considerable benefits, particularly in cities with high population densities, adequate infrastructure, and supportive regulations that facilitate rapid adoption. Countries like India and Kenya have reduced their fuel import bills and created new jobs. At the same time, cities such as Bogota and Nairobi have seen improved air quality through the adoption of electric public transit. However, the transition requires investments in charging infrastructures and improvements in power grids. Central to this is government backing, whether through subsidy or partnership. Programs like India’s Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) initiative and China’s subsidy program are prime examples of such support. The study draws on expert interviews to provide context-specific insights that are often absent in global EV discussions, while acknowledging the limitations of a small, regionally concentrated sample. These qualitative findings complement international data and offer grounded implications for electromobility planning in developing contexts. It concludes that while challenges remain, tailored interventions and multi-party public–private partnerships can make the economic and environmental promise of electromobility in emerging markets a reality. Full article

Improving the energy efficiency of buildings is a highly desirable investment in the context of implementing the sustainable development paradigm, as it reduces the building’s energy demand. Consequently, the economic costs of heating the building are diminished. Reducing the building’s negative environmental impact is also crucial. This article presents programs that subsidize thermal modernization investments for single-family buildings in Poland. Particular attention was paid to the Clean Air program. A methodology for the economic and ecological assessment of thermal modernization investments eligible for funding under this program was proposed. The methodology is based on the Net Present Value indicator, whereas the ecological analysis utilized the Life Cycle Assessment method. A case study was conducted for a model single-family building using the introduced methodology. The scope of the thermal modernization investment included replacing windows and doors, replacing the heat source, and thermal insulation of the vertical external walls. The analyzed thermal modernization investment brings substantial ecological benefits, significantly reducing the building’s negative environmental impact. Unfortunately, the economic viability for the investor is not so obvious and depends primarily on the level of subsidy. Full article

Energy security crises have historically been turning points for energy systems, exposing vulnerabilities, reshaping policy priorities, and boosting technological change. However, whether—and to what extent—such crises accelerate low-carbon transitions remains contested. This paper examines the effects of the 2022 energy crisis on the European Union (EU)’s energy transition, using policy analysis combined with a quantitative assessment of renewable energy trends, forecasts, and targets. We analyse the ambition, implementation, and outcomes of the REPowerEU plan, the main response to the crisis. In an unprecedented move, REPowerEU securitised renewable energy as a means to reduce dependence on Russian energy imports. However, the plan only moderately increased earlier renewable energy targets and did not reverse declining subsidies despite more forceful implementation measures. Its effects have been uneven across technologies. Already accelerating solar may overshoot its targets, onshore wind might only slightly accelerate beyond its current steady growth, and offshore wind remains constrained by economic and institutional uncertainties. Despite increased subsidies for fossil fuels, coal continued declining, oil remained stable, and natural gas dropped. Overall, REPowerEU sustained rather than transformed the EU’s low-carbon transition, illustrating both the potential and limits of accelerating decarbonisation under security crises. Full article

Polyacrylamide (PAM), a water-soluble polymer, is revolutionizing horticulture by improving water use efficiency and soil health, particularly in Pakistan’s water-scarce regions, offering a transformative solution. It reduces irrigation frequency by 30–40%, saving up to 50% of water while boosting crop yield by 20–50%. This results in a net profit increase of 30–60%, depending on the crop and soil type. Global studies show that PAM reduces soil erosion by 90–95% in furrow irrigation systems and increases water infiltration by 15–30%. Its hydrophilic properties enhance soil water-holding capacity by up to 400% compared to untreated soil, enabling plants to thrive in arid and semi-arid regions. Economically, the adoption of PAM is cost-effective. PAM also supports sustainable agriculture by mitigating the effects of water scarcity. These characteristics are in line with the objective of Pakistan to achieve agricultural sustainability and productivity. In conclusion, polyacrylamide is a feasible solution to address the water shortage in Pakistan and soil erosion, as well as to provide a significant amount of economic and environmental gains to the horticulture industry. The wide adoption of the technology could be triggered by pilot projects, farmer training, and government subsidies, which would change the agricultural landscape in the country. Full article

In this study, we examine the impact of government green subsidies on corporate ESG performance. We employ the method of double machine learning for causal inference. We use all A-share listed companies in China from 2013 to 2023 as the research sample. After excluding financial and insurance companies, those in ST/*ST/PT status, and those with missing key indicators, we ultimately obtain 2337 sample observations. Our baseline results based on double machine learning reveal government green subsidies significantly enhance corporate ESG performance. The findings suggest that this enhancement occurs notably through the mediating variables of digital technology innovation and technology conversion efficiency. We also introduce heterogeneous dimensions such as the level of digital inclusive finance, the intensity of environmental regulations, and the scale of enterprises. Meanwhile, we adopt multiple robustness test methods, including changing the dependent variable, excluding data from special years, controlling for exogenous policy shocks, using instrumental variable methods, and resetting the double machine learning model—adjusting the sample partition ratio from the original 1:4 to 1:9 and replacing the prediction algorithm from random forest to gradient boosting, lasso regression, and ensemble machine learning methods—to ensure the reliability and scientific nature of the research conclusions. Additional tests indicate that the regression coefficient remains positive and is significant, indicating the robustness of our conclusions. This research offers implications for further optimizing the design of government green subsidy policies, and to promote the improvement of enterprises’ ESG performance and economic green transformation. Full article

This paper investigates whether carbon emission intensity influences capital formation in rent-dependent economies, using the Gulf Cooperation Council (GCC) as a case study. In contrast to conventional growth models, the study tests carbon lock-in as a driver, rather than an outcome, of investment in rentier states and links it empirically to resource curse mechanisms. Using panel data for six GCC countries over 2000–2022, we estimate a fixed effects investment model and use System GMM as a robustness check. Results show that a one standard deviation increase in CO₂ intensity is associated with a 2.27 percentage point increase in gross capital formation (GCF) (p < 0.01), consistent with carbon lock-in theory, while oil rents have a significant negative relationship with investment (coefficient = −0.271, p < 0.01), in line with resource curse dynamics. The study contributes by embedding carbon lock-in theory in a standard macro panel investment function, treating emissions intensity as a structural regressor alongside oil rents in the specific context of rentier states. A behavioural interpretation is also offered: high-carbon strategies persist because they continue to yield relatively high short-term returns under existing incentives, so investment systems tend to reinforce carbon-intensive pathways. These insights have implications for both theory and practice, suggesting that screening public projects by emissions intensity, greening sovereign wealth portfolios, and phasing out fossil subsidies may help break carbon-intensive investment inertia. Full article

Intergovernmental transfers play a crucial role in shaping the fiscal position of local governments, especially in countries where municipalities, such as those in Poland, exhibit a high dependence on central funding. Recent reforms and the increasing reliance on discretionary revenues transferred from the central budget have motivated a closer examination of how these instruments influence local fiscal sustainability. This article analyses how different types of transfers—general subsidies and targeted grants—affect the fiscal sustainability of Polish municipalities across several dimensions, including autonomy, solvency, efficiency and economic resilience. Using panel data, five sets of models test the crowding-out effect, developmental impact, pro-cyclicality, fiscal discipline, and fiscal replacement mechanisms. Results show that general subsidies crowd out local tax revenues, particularly in less developed municipalities, while targeted grants strengthen the tax base in rural areas. Transfers have mixed effects: targeted grants strongly stimulate investment and support local development but tend to increase debt; general subsidies weaken local tax capacity and reduce fiscal autonomy, although they improve short-term fiscal discipline. In municipalities with limited fiscal independence, transfers act as short-term compensatory tools, fostering dependence on state aid rather than self-reliance. A macroeconomic crowding-out effect also appears, as higher transfers reduce private sector resources. Regarding fiscal discipline, equalization and compensatory subsidies decrease debt levels, whereas targeted grants can raise debt in urban municipalities with co-financing obligations. General subsidies show fiscal replacement effects, substituting local revenue sources. The findings provide insights for designing transfer systems that balance financial support with incentives for local autonomy and sustainable development. Full article

The rapid advancement of artificial intelligence has driven a surge in demand for computing power. As the core computing infrastructure, data centers have expanded in scale, escalating electricity consumption and magnifying a regional mismatch between computing capacity and energy resources: facilities are concentrated in the energy-constrained East, while the renewable-rich West possesses vast, untapped hosting capacity. Focusing on cross-regional data-center migration under the “Eastern Data, Western Computing” initiative, this study constructs a tripartite evolutionary game model comprising the Eastern Local Government, the Western Local Government, and data-center enterprises. The central government is modeled as an external regulator that indirectly shapes players’ strategies through policies such as energy-efficiency constraints and carbon-quota mechanisms. First, we introduce key parameters—including energy efficiency, carbon costs, green revenues, coordination subsidies, and migration losses—and analyze the system’s evolutionary stability using replicator-dynamics equations. Second, we conduct numerical simulations in MATLAB 2024a and perform sensitivity analyses with respect to energy and green constraints, central rewards and penalties, regional coordination incentives, and migration losses. The results show the following: (1) Multiple equilibria can arise, including coordinated optima, policy-failure states, and coordination-impeded outcomes. These coordinated optima do not emerge spontaneously but rather depend on a precise alignment of payoff structures across central government, local governments, and enterprises. (2) The eastern regulatory push—centered on energy efficiency and carbon emissions—is generally more effective than western fiscal subsidies or stand-alone energy advantages at reshaping firm payoffs and inducing relocation. Central penalties and coordination subsidies serve complementary and constraining roles. (3) Commercial risks associated with full migration, such as service interruption and customer attrition, remain among the key barriers to shifting from partial to full migration. These risks are closely linked to practical relocation and connectivity constraints—such as logistics and commissioning effort, and cross-regional network latency/bandwidth—thereby potentially trapping firms in a suboptimal partial-migration equilibrium. This study provides theoretical support for refining the “Eastern Data, Western Computing” policy mix and offers generalized insights for other economies facing similar spatial energy–demand asymmetries. Full article

Groundwater sustains more than 60% of irrigation in Pakistan’s Indus Basin, yet accelerating depletion, rising salinity and fragmented governance threaten agricultural productivity and rural livelihoods. Although new monitoring technologies and provincial water laws have emerged, a persistent gap remains between scientific evidence, policy frameworks and farmer practices. This study applies the Science–Policy–Practice Interface (SPPI) to examine these disconnects, drawing on qualitative data from multi-stakeholder focus groups and interviews with farmers, scientists and policymakers in Punjab, Sindh and federal agencies. The analysis identifies five governance challenges: weak knowledge integration, fragmented institutions, political resistance to regulation, limited adaptive capacity and under-recognition of farmer-led innovations. While depletion is well documented, it rarely informs enforceable rules and informal practices often outweigh formal regulation. At the same time, farmers contribute adaptive strategies, such as recharge initiatives and water-sharing arrangements, that remain invisible to policy. The findings highlight both the potential and the limits of SPPI. It provides a valuable lens for aligning science, policy and practice but cannot overcome entrenched political economy barriers such as subsidies and elite capture. The study contributes theoretically by extending SPPI to irrigation-dependent aquifers and practically by identifying opportunities for hybrid knowledge systems to support adaptive and equitable groundwater governance in Pakistan and other LMICs. Full article

In Kazakhstan’s Akmola Region, rural households face heightened vulnerability from climate change, driven by reliance on weather-dependent resources and amplified risks of extreme precipitation events, prolonged dry spells, and progressive soil degradation—further intensified by limited adaptive capacity and inequities affecting women-led or ethnic minority families. This study conducted stratified household surveys across four agricultural districts, developed a tailored Livelihood Vulnerability Index (LVI) incorporating shelterbelt presence, condition, and perceived effects, alongside readiness for hydrological surface recovery (contour–strip organisation, swales/valokany, and tree–shrub planting). Results revealed an average LVI of 0.45–0.55, which was higher (+10–15%) in marginalized groups; testing pathways showed correlations (r = 0.65, p < 0.05) with water security, soil condition, income stability, and hazard reduction, with potential LVI reductions of 15–25% through integrated measures. District-specific recommendations include implementing the Potapenko–Lukin method on slopes <5% with valokany (width 80 cm, depth 1.5 m, spacing 100–500 m), endemic plantings, and biomaterial, supported by subsidies (488,028 tenge/ha/year) and GIS monitoring, to enhance resilience and equity in steppe and forest–steppe farming. Full article