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  • New
  • Research Article
  • 10.32479/ijeep.21874
Digital Transformation and Renewable Energy Adoption in the MENA Region: An Econometric Analysis
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Jihene Yemmen

This study examines the impact of digital transformation on the adoption of renewable energy sources. It employs the Cross-Sectionally Augmented Autoregressive Distributed Lag model and conducts robustness checks using the Fully Modified Ordinary Least Squares approach to assess the potential influence of errors or random variations in the data. The analysis covers 12 countries in the MENA region from 2010 to 2023. The results indicate that digital transformation has a positive and statistically significant effect on the share of renewable energy. Governance quality emerges as a key determinant, whereas urbanization exhibits a negative correlation. This research contributes to the literature by providing novel empirical evidence for a region characterized by hydrocarbon dependency. It highlights the need for integrated policies that combine digital development, institutional strengthening, and the management of urban expansion to accelerate the energy transition.

  • New
  • Research Article
  • 10.32479/ijeep.21818
Do Geopolitical Risks and Migration Hinder or Stimulate the Renewable Energy Transition? A Wavelet-Based Analysis on the Five Largest Carbon Emitter Countries
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Serap Çoban + 3 more

This study analyzes the effects of net migration, geopolitical risk, and economic growth on renewable energy supply in the five largest carbon-emitting countries— the United States, China, India, Japan, and Germany—between 1990 and 2022. Using multi-scale and quantile-based methods, it examines whether these factors hinder or promote the energy transition. Renewable energy supply reflects a country’s clean energy production capacity. Wavelet Quantile Correlation and Wavelet Quantile Regression techniques capture time-frequency interactions and quantile-based differences. Findings show migration boosts renewable energy adoption in migration-receiving countries like the U.S. and Germany but has weaker short-term effects in migration- sending nations like India and China. Geopolitical risks hinder adoption initially, especially in energy-dependent countries, but strong domestic policies in Germany and the U.S. mitigate these risks. Economic growth supports renewable energy in China and Germany but increases fossil fuel reliance in the U.S. and India initially. These results highlight the need for long-term, strategic policies to enhance energy security and sustainability.

  • New
  • Research Article
  • 10.32479/ijeep.21404
Bibliometric Insights into Green Finance and Economic Development: Global Trends and Collaborations
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Jagriti Gupta + 4 more

Green finance has emerged as a prominent developmental trend in the financial sector, owing to its growing worldwide significance. It has become common practice to address both concerns at once by combining environmental conservation measures with economic growth. But whether green finance can effectively tackle the global economic problems of today is still up for debate. The goal of this study was to identify understudied regions of the world by examining publication patterns in the literature on green finance and economic growth. The study attempted to identify trends in green finance and economic development research publications across nations, continents, contributing authors, and journals. 289 publications that were taken from the Scopus database were used in this bibliometric analysis. The study used a bibliometric technique using R Studio software. The study identifies the most prolific and noteworthy authors, articles, and related publications. Specifically, co-citations and collaboration analysis allowed for the mapping of the most current and oldest research fronts. With a disparate quantitative production of scientific literature among nations and organizations, this field of study is still relatively young. As a means of promoting research in the field of green finance and economic development, this study painted a picture of an emergent, multidisciplinary sector that may be of interest to all stakeholders dealing with similar problems. The findings offer solid recommendations for more research in this area.

  • New
  • Research Article
  • 10.32479/ijeep.21643
Green Bonds, Environmental, Social, and Governance Scores, and the Greenwashing Puzzle: Insights from the ASEAN Region
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Crecia Viona + 3 more

This study examines the relationship between green bond issuance and the achievement of sustainability goals within the framework of corporate social responsibility (CSR) in the ASEAN region. With the increasing attention to environmental and social responsibility, where green bonds play as a strategic financial instrument, it is important to evaluate the effectiveness of green bonds in encouraging sustainability practices and identify potential greenwashing practices in the region. Covering the six ASEAN countries, namely Indonesia, Singapore, Malaysia, Thailand, Vietnam, and the Philippines, this study uses random-effect GLS regression and logistics results over the period 2019-2023. The result shows that green bond issuance helps increase the ESG score indirectly through the green financing project. With this, we also uncovered that a higher ESG score but a lower carbon emissions score does not define the probability of greenwashing itself. Higher ESG scores are proven to lower the probability of greenwashing, while the emissions score has no significant impact on the probability of greenwashing. Overall, this indicates that green bond issuance really does help increase ESG score, making it a great strategic tool for both the environment and the firm’s green financing. With this, we can rely on the ESG score to identify greenwashing practices for firms that issue green bonds, as the higher the ESG score, the lower the probability of greenwashing practices.

  • New
  • Research Article
  • 10.32479/ijeep.21320
Digital Transformation, Human Capital Upgrading, FDI Spillover and Green Total Factor Productivity: Evidence from Vietnamese Provinces
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Thuy Trang Nguyen + 1 more

The study examines the relationship between FDI spillover and green total factor productivity (GTFP) at the provincial level, as well as exploring the roles of digital transformation and human capital upgrading in this relationship using the global Malmquist-Luenberger index, system generalized methods of moments (S-GMM) combined with threshold model. Using a panel data from 63 Vietnamese provinces from 2011 to 2022, the research findings show that the FDI spillover has contributed significantly to province-level GTFP enhancement and both digital transformation, human capital upgrading positively moderate the effect of FDI spillover on provincial GTFP. Besides, the positive influence of FDI spillover on GTFP has a significant double threshold effect when advanced human capital is used as the threshold variable. These findings emphasize the significance of encouraging FDI spillover, enhancing digital transformation, and strengthening high-quality human capital as viable strategies for improving GTFP.

  • New
  • Research Article
  • 10.32479/ijeep.20356
Decarbonizing the Gulf: Evidence on the Role of Energy Transition, Technological Progress, and Human Capital in Achieving SDG-Aligned Sustainability
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Azka Amin + 5 more

The energy transition, green growth, technological advancements, and human capital can collectively significantly alleviate carbon dioxide emissions (CO2e) and support long-term sustainable environmental practices. 2030 has been set as the target year by the United Nations for achieving the Sustainable Development Goals (SDGs). As the assessment period approaches, it is essential to understand the progress made by the Gulf Cooperation Council (GCC), given its significant reliance on hydrocarbons. Employing a cross-sectional autoregressive distributed lag (CSARDL) approach, this research investigates the roles of energy transition, green growth, technological innovations, human capital, economic growth, and CO2e in the GCC, utilizing data from 1990 to 2022. The outcomes exhibit that renewable energy, green growth, technological innovations, and human capital significantly contribute to safeguarding the environment in the GCC. On the other hand, nonrenewable energy sources can harm the environment. Regarding policy implications, this research emphasizes the importance of expediting green technological innovations in GCC regions through regulatory measures that promote continuous increases in the implementation of advanced technologies, sustainable energy utilization, and the enhancement of human capital to achieve the SDGs.

  • New
  • Research Article
  • 10.32479/ijeep.20763
Green Financing and SMES Performance in South Africa: Role of Environmental Management Accounting Practice
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Adeola Oluwakemi Adejayan + 1 more

Most small businesses avoid the implementation of environmental accounting practices due to cost implications albeit may affect the impact of green initiatives on the financial performances of small businesses. Hence, this study investigates the moderating role of environmental management accounting practices (EMAP) on the relationship between green financing and financial performance of 10 manufacturing and export oriented small caps in South Africa from 2015 to 2024. ROA is employed as the proxy for financial performance while Green Capex and Environmental accounting disclosures are the predicting and intervening variables respectively. Using Driscoll and Kraay standard error panel regression, the results show that green finance has negative and significant effect on Return on Asset (ROA). Also, the moderating role of Environmental Management Accounting Practices strengthens the impact of green finance on ROA, though with non-significant effect. The study concludes that EMAP improves the financial performance of SMEs with green initiatives. More so, green initiatives alone are not sufficient to bolster financial performance of small businesses without incorporating environmental practices. Hence, its recommended that small businesses in South Africa should integrate the use of Environmental accounting practices in their operations that aligns with financial objectives by employing standardized EMAP tools that would assist them to monitor, quantify and assess environmental cost.

  • New
  • Research Article
  • 10.32479/ijeep.21410
The Impact of Energy Consumption and Industrial Value Added on Economic Growth in Central China: Dynamic Panel ARDL Analysis
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Simiao Liu + 2 more

Energy consumption and industry value-added are crucial to economic activities and have been a potential priority for China’s domestic economic growth, especially in the resource-rich central region of the Country. The research examines the impact of energy consumption and industry value- added on economic growth in six central Chinese areas from 2000 to 2022. The study employed the PMG estimator during data estimation, along with Quantile and FMOLS regressions for robustness checks. The research utilized disaggregated data on industrial value added, specifically primary, secondary, and tertiary industry value added. The findings indicated that higher energy consumption in primary and tertiary industries significantly stimulates economic growth, while the secondary industry value-added is not significant. Furthermore, capital accumulation and urbanization significantly contributed to economic growth. The labor force indicated a negative effect on growth, possibly due to inefficiencies, low productivity, or structural imbalances in the economy. The research recommended that policymakers ought to consider different patterns of energy consumption in industrial value-added firms for greater economic growth. There is a need for labor market reforms and productivity-boosting policies. Policymakers need to consider the unique economic and energy consumption patterns of Central China when designing and implementing energy policies. A one- size-fits-all approach is ineffective due to regional disparities.

  • New
  • Research Article
  • 10.32479/ijeep.21650
Energy Transition and Sustainability in the United Kingdom: A Systematic Review under the PRISMA Guidelines
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Brayan Sauna-Aguilar + 4 more

In the energy transition, environmental sustainability has led to the development of new renewable energies, such as tidal energy, which generates continuous and predictable electricity from ocean tides. This study conducts a Systematic Literature Review (SLR) according to the PRISMA 2020 method, focusing on the implementation and technological development of tidal energy. A quantitative approach was used to analyze 37 studies from 2020 to 2024 in Scopus. The results show the use of key tools such as the 0-D model, TPXO9, and the acoustic doppler current profiler (ADCP) to optimize this renewable source. The TPXO9 model stands out for its accuracy in predicting tides, assisting in infrastructure planning and energy efficiency. The United Kingdom leads the development of tidal energy, promoting innovative research and projects. The review highlights the importance of this renewable energy in reducing dependence on fossil fuels and carbon emissions, serving as a basis for future research and the advancement of the energy transition towards green production and environmental sustainability.

  • New
  • Research Article
  • 10.32479/ijeep.22169
Prioritizing Policy for the Electric Vehicle Adoption and Production Ecosystem in Indonesia
  • Dec 26, 2025
  • International Journal of Energy Economics and Policy
  • Triyono Widi Sasongko + 3 more

Most countries are expanding their programs for electric vehicles as part of an action to reduce greenhouse gas emissions and fossil fuel consumption. In Indonesia, EV development is significantly behind target. Indonesia has specific conditions regarding innovative products in the automotive industry. The majority of automotive users are economy users. Foreign-origin equipment manufacturers dominate the automotive industry, whereas local manufacturers are comparatively less competitive. This study examines the critical policies for EV adoption and the ecosystem in Indonesia. This analysis employs the analytic network process method based on the benefits, opportunities, costs, and risks model. The results show that, in both the short and long term, the top three priorities offer users greater attractiveness in terms of price and charging-station availability, including purchasing incentives, annual tax incentives, and incentives for charging infrastructure providers. In the short term, the following priorities focus on a producer-oriented policy, specifically co-production with local start-ups and EV share-targeted production. In the long term, the priority is to enhance the appeal of EVs by granting them driving privileges, which will continue through co-production with local start-ups to increase local content-based EV production.