Green Growth Research Articles

Rule of law, corruption and transparency impacts on green growth of East Asian economies

This paper highlights the necessity for nations to adopt green growth strategies to achieve economic prosperity, social equity, and environmental sustainability. By examining governance indicators in six East Asian economies from 1995 to 2021, it finds that a 1% increase in the rule of law boosts green energy deployment by 0.33%, while a 1% rise in corruption reduces it by 0.25%. Similarly, a 1% increase in transparency leads to a 0.45% rise in green energy. Higher income levels encourage green energy adoption, with a 1% increase in income resulting in a 0.19% boost, whereas a 1% rise in income inequality decreases deployment by 0.32%. The paper suggests policies to enhance the rule of law, promote transparent governance, reduce income inequality, and encourage inclusive growth to support green growth objectives.

Modelling the nexus between green energy, agricultural production, forest cover, and population growth towards climate change for the transition towards a green economy

Modelling the nexus between green energy, agricultural production, forest cover, and population growth towards climate change for the transition towards a green economy

Green Growth in India: Balancing Economic Development with Environmental Sustainability

Rapid economic growth in India has resulted in major urbanization, industrialization, and the growth of the middle class, but it has also seriously impacted the environment by causing pollution, deforestation, and a rise in greenhouse gas emissions. The idea of "Green Growth" has gained importance in addressing these issues by advocating for a development strategy that strikes a balance between the requirements of the economy and environmental sustainability. The term "green growth" is an economic approach that aims to increase economic output while protecting the environment and maintaining natural resources. The focus is on "decoupling" economic growth from environmental deterioration, which permits economic growth to occur without the corresponding increase in pollution and depletion of resources. This strategy calls for implementing sustainable industrial and agricultural practices, increasing energy efficiency, and encouraging clean and renewable energy sources. Green Growth also requires strong policy frameworks that support sustainable practices and incentivize green investments.

Decarbonization, hegemonic projects, and the green growth policy-planning network: the case of Québec

ABSTRACT Since 2010, grassroots-led socio-ecological movements in Québec, Canada played a key role in overturning carbon extractivist proposals. Building on their successes, these groups now aim to move energy transition debates toward a broader conception of transition that includes radical social justice and post-capitalist alternatives. Meanwhile, corporate actors and the state enlisted major environmental NGOs and union federations into various technocentric ‘green growth’ projects. These hegemonic and counter-hegemonic struggles define how transition unfolds in the province, yet few have studied how actual social actors organize to carry out these divergent responses to the climate crisis. We develop a structural analysis of the green growth policy-planning network in Québec. Starting from five organizations at the core of transition debates, we analyze the network of board interlocks they are embedded in. We describe the overall structure of the network and its main corporate, civil society, and individual actors. Analysis outlines the possibility of a new hegemonic bloc forming, positioned around the green growth project and the cleantech sector, close to achieving dominance in Quebec, that would threaten deeper decarbonization efforts. Thus, despite the recent ban on petroleum extraction, like elsewhere, energy transition in Quebec still faces deep social and ecological contradictions.

Can institutional opening-up promote green development in cities? Evidence from China's Pilot Free Trade Zones

As a testing ground for China's institutional opening-up, Pilot Free Trade Zones (PFTZs) are of great significance in shaping a new global economic governance framework, addressing pollution and carbon reduction challenges, and fostering green economic development and transition. This study empirically assesses the influence of PFTZs establishment on urban green development (GD) using panel data from 284 Chinese cities between 2007 and 2020, using the asymptotic Difference in Differences (DID) method. The results indicate that the creation of PFTZs greatly encourages cities to develop green sustainably. In comparison to cities without PFTZs, the presence of PFTZs results in a notable average increase of 9.5% in urban green total factor productivity (GTFP). The impact of PFTZs on urban GD varies significantly across different geographical areas and city resource endowment conditions. Institutional innovation has a positive moderating effect on the PFTZs' promotion of urban GD. The influence mechanisms that PFTZs support urban GD mainly include the effects of green innovation, economic agglomeration, and environmental regulation. This paper provides crucial policy insights for advancing PFTZ construction, promoting urban green growth, and ultimately achieving the coexistence of human beings and nature in harmony.

Ex vivo susceptibilities to ganaplacide and diversity in potential resistance mediators in Ugandan Plasmodium falciparum isolates.

Novel antimalarials are urgently needed to combat rising resistance to available drugs. The imidazolopiperazine ganaplacide is a promising drug candidate, but decreased susceptibility of laboratory strains has been linked to polymorphisms in the Plasmodium falciparum cyclic amine resistance locus (PfCARL), acetyl-CoA transporter (PfACT), and UDP-galactose transporter (PfUGT). To characterize parasites causing disease in Africa, we assessed ex vivo drug susceptibilities to ganaplacide in 750 P. falciparum isolates collected in Uganda from 2017 to 2023. Drug susceptibilities were assessed using a 72-hour SYBR Green growth inhibition assay. The median IC50 for ganaplacide was 13.8 nM, but some isolates had up to 31-fold higher IC50s (31/750 with IC50 > 100 nM). To assess genotype-phenotype associations, we sequenced genes potentially mediating altered ganaplacide susceptibility in the isolates using molecular inversion probe and dideoxy sequencing methods. PfCARL was highly polymorphic, with eight mutations present in >5% of isolates. None of these eight mutations had previously been selected in laboratory strains with in vitro drug pressure and none were found to be significantly associated with decreased ganaplacide susceptibility. Mutations in PfACT and PfUGT were found in ≤5% of isolates, except for two frequent (>20%) mutations in PfACT; one mutation in PfACT (I140V) was associated with a modest decrease in susceptibility. Overall, Ugandan P. falciparum isolates were mostly highly susceptible to ganaplacide. Known resistance mediators were polymorphic, but mutations previously selected with in vitro drug pressure were not seen, and mutations identified in the Ugandan isolates were generally not associated with decreased ganaplacide susceptibility.

Green Energy Growth: Enhancing Agricultural Sustainability through Agrivoltaic Solutions in the Modern Era

Agrivoltaic is a system that integrates agricultural activities with the production of solar photovoltaic electricity on the same piece of land. Agrivoltaic systems are gaining popularity in Indonesia since they enable farmers to generate renewable energy while making efficient use of agricultural land. This research technique employs the analytical descriptive approach, which aims to offer a comprehensive description or overview of the topic of study using acquired data or samples without undertaking further analysis to draw generalizable conclusions. An instance of agrivoltaic in Indonesia involves the placement of solar panels above crops to provide shade and minimize water evaporation. Simultaneously, these solar panels generate energy to operate irrigation systems or other agricultural machinery. Nevertheless, the use of agrivoltaic in Indonesia remains restricted and need further investment and assistance from both the government and private sector to enhance the acceptance of this technology in the agricultural industry.

Effects of global value chain along with digitalization on green growth

Effects of global value chain along with digitalization on green growth

Green energy, green innovation, and political stability led to green growth in OECD nations

This study analyzes the determinants of green economic growth in OECD countries, focusing on the role of technological innovation, clean energy adoption, environmental innovation, and political stability. Employing panel data analysis techniques, including Dynamic Seemingly Unrelated Regression (DSUR), Common Correlated Effects Pooled-FM (CUP-FM), and Common Correlated Effects Pooled-BC (CUP-BC), the study examines the asymmetric relationships between these factors and green growth over both the short and long run. The findings suggest that technological innovation significantly influences green growth in OECD nations, with positive and negative shocks in innovation showing distinct impacts on green growth consumption, which emphasizes embracing and expanding green technology to enhance sustainable economic development and minimize environmental damage. Similarly, clean energy adoption plays a crucial role in fostering green economic growth, with positive relationships observed between renewable energy consumption and green growth in the short and long run. Environmental innovation also positively correlates with green growth, highlighting the significance of developing new products and services to manage environmental challenges. Besides, political stability is a critical determinant of green growth, with stable political environments fostering investor confidence and encouraging long-term sustainable investments. The study underlines the complex interplay between these factors, emphasizing the bidirectional causality relationships observed among clean energy adoption, political stability, innovation, and urbanization. These findings underscore the multifaceted nature of sustainable development pathways, highlighting the need for integrated policy approaches to promote green growth agendas. The study contributes to comprehending the factors driving green economic growth in OECD countries and provides insights for policymakers and practitioners seeking to advance sustainability goals. By underlining the importance of technological innovation, clean energy adoption, environmental innovation, and political stability, the study proposes valuable insights into the pathways toward achieving environmentally sustainable and economically viable growth.

Green growth and net zero policy in the UK: Some conceptual and measurement issues

This paper examines how the likelihood of a transition to net zero could play out on the UK's total factor productivity growth over the longer term. It does this in the context of a potential trade-off between net zero goals and productivity growth. We begin by discussing the concept of green growth and a green industrial revolution, and then relate the green economy to the circular economy, as well as GDP measurement and how this relates to productivity growth under climate policies. We use a simulation method for the projected growth under net zero of the electricity sector in Great Britain to provide a context on the consequences of increasing input growth as output growth declines, and the result shows that the 2020s are challenging decades as productivity declines by −3.24 % p.a. in the electricity sector due to the combination of high input and low output growth. However, our findings reveal that the 2030s and 2040s look more promising, with productivity growth of 3 % p.a. and 1.6 % p.a. respectively as electrification increases and fossil fuel and labour inputs decline. Overall, the analysis offers a glimpse of just how challenging raising even maintaining the level of TFP will be in that sector in the earlier years out to 2050.

Coupling and coordination relationship of tourism inclusive green growth system: Evidence from Shandong Province

Sustainable growth is a prerequisite for high-quality development, and inclusive green growth is regarded as an important way to realize sustainable growth. This paper constructs a tourism inclusive green growth index (IGGI) system based on the 2018 Asian Development Bank IGGI. Using Shandong Province from 2017 to 2019, the entropy weight method is utilized to explore the degree of coupling and coordination among the subsystems of tourism inclusive green growth. The study shows that: (1) the tourism IGGI continues to grow; (2) in the tourism inclusive green growth system, the social equity subsystem shows a trend of steady improvement;and (3) in the system, there is a slight discordance between the economic growth subsystem and the environmental sustainability subsystem. The study aims to provide the scientific basis for the high-quality development of tourism and theoretical support for the field of tourism and environmental sustainability.

Relationship of Fintech Innovation with Green Growth Sustainability Moderated by Blockchain Smart Contracts Among Small and Medium Sized Enterprise in Selangor, Malaysia

Relationship of Fintech Innovation with Green Growth Sustainability Moderated by Blockchain Smart Contracts Among Small and Medium Sized Enterprise in Selangor, Malaysia

Legal Policy Recommendations for Fostering Green Business Development: A Case Study of Enterprises in Vietnam

Green growth is one of the development trends many countries worldwide aim for Vietnam; green growth is also gradually becoming inevitable. However, businesses are among the critical subjects contributing to green growth and are still not interested in this trend. Objective: The article aimed to identify the key factors affecting green business development and proposed legal policy implications for green business development. Methodology: The author applied quality and quantitative methods; based on the study goal, the author surveyed 800 managers of green enterprises in five provinces and three cities in Vietnam and used structural equation modelling based on the quantitative research method. Result: The findings explored five critical factors affecting green business development: (1) financial capacity, (2) corporate culture, (3) leadership and business management capacity, (4) mechanisms and policies of the government and localities, and (5) the interaction of components in the business ecosystem. This comprehensive set of recommendations provides a strategic roadmap for Vietnam to foster green business development through effective legal policies. Conclusion: The article's contributions proposed recommendations to management agencies in developing and implementing mechanisms and policies to support and promote businesses to build in a green direction. Implementing these legal policy recommendations can significantly enhance the development of green enterprises in Vietnam. Unique Contribution: The novelty of this study was to supplement and complete the system of criteria for evaluating green business development, which is also the basis for businesses to recognize the effectiveness of current activities. Key Recommendation: From the above results, the author proposed to establish green financing programs, including low-interest loans, grants, and subsidies for green business initiatives to make improvements in each stage of the production process to increase efficiency while minimizing negative impacts on the environment.

Green growth governance and total factor energy efficiency: Economic growth constraint and policy implementation in OECD countries

This study aims to examine the nature and governance of green growth strategy in OECD countries. As the strategy implies a sustainable relationship between economic growth and energy efficiency, we considered economic, environmental, and policy factors to empirically analyze green total factor energy efficiency (GTFEE) performances for 2001–2020 period. For this purpose, we employed a two-step methodology. In the first step, we estimated GTFEE scores from an undesirable output model by using robust order-m frontier efficiency method. In the second step, we used GTFEE estimates and built a panel data model to investigate the impact of governance and environmental policy factors. The panel data regression results point to several implications. Firstly, market-based environmental stringency policies are found to be effective. Also, economic globalization is found to be effective only in market-based and mix policy cases. The findings indicate the key roles of market-based pricing mechanisms and economic actors for the inclusive governance of green growth. Secondly, economic growth is found to be negatively related with GTFEE which shows the trade-off between economic growth and energy efficiency. Lastly, the analysis by commitment periods of the Kyoto Protocol points to the importance of global consensus on the implementation of green growth strategy.

Forests and Human Health: A Symbiotic Relationship for Greener Pakistan

Forests are not merely silent witnesses to the passage of time; they are vital partners in our quest for well-being and sustainability. This article explores the intricate and symbiotic relationship between forests and human health. Covering approximately 2.23% of Pakistan's landmass, these forests emerge as guardians of green growth, offering an array of benefits that significantly impact the health and sustainability of our nation. This exploration unveils the profound influence of forests on physical health, including improved air quality, enhanced respiratory health, and the therapeutic effects of forest therapy. Moreover, the article delves into the positive impact of forests on mental health, reducing stress, anxiety, and depression while promoting overall well-being. Intriguingly, Pakistan's forests also have a role in healthcare, contributing to traditional and modern medicine through forest-derived medicines. Additionally, the article highlights the importance of sustainable forest management and community engagement in conservation efforts to ensure that this symbiotic relationship thrives for generations to come. As we recognize how closely our health is connected to the forests around us, we invite readers to join us on a journey. This journey will show how this long-lasting partnership can make Pakistan greener and our lives healthier.

The Nexus Between Green Finance and Sustainable Green Economic Growth

Sustainable green growth requires green finance to improve the financial sector, better the environmental and enhance economic development. This study examines how green spending affects the nation’s economy in the long term. Green finance is a market-based investment that considers environmental impact when assessing risk. Hence, the study explores green financing as a means to reduce environmental risks in developing economies. The study aims to boost the value of the environment and its natural capital to improve the well-being of humans.

Macroeconomic Analysis of Vietnam: Challenges and Policy Recommendations

Vietnam, a one-party socialist republic, has undergone significant economic transformation since the lifting of U.S. sanctions in 1986. Transitioning from a closed, agrarian economy to a market-oriented system, the country has achieved notable progress, advancing from one of the poorest nations to a lower-middle-income status. Despite this progress, Vietnam faces several macroeconomic challenges including high inflation, a depreciating currency, and a growing trade deficit. The COVID-19 pandemic has exacerbated these issues, leading to disruptions in business activity, supply chains, and economic instability. Additionally, severe air pollution presents a pressing concern for public health and economic productivity. This paper examines Vietnam's current macroeconomic challenges, evaluates the impact of recent economic disruptions, and proposes policy recommendations to address these issues. Recommendations include increased health spending, structural reforms to enhance green growth, and monetary policies aimed at controlling inflation and encouraging investment. The analysis highlights the need for a balanced approach to sustain economic progress while addressing critical challenges.

Analysis of Endogeneity in Green Growth, Foreign Debt, and Aging Population: A Comparison of Indonesia and Malaysia

Analysis of Endogeneity in Green Growth, Foreign Debt, and Aging Population: A Comparison of Indonesia and Malaysia

Vegetative Growth Analysis of Mustard Greens (Brassica juncea L) Consequences of Vermicompost and Urea Fertilizer Treatment

Research on Analysis of vegetative growth of mustard greens (Brassica juncea L) due to vermicompost and urea fertilizer treatment was carried out from April to July 2024 In West Lombok. This research aims to analyze: 1) vegetative growth of green mustard after urea fertilizer treatment, 2) vegetative growth of mustard greens after vermicompost treatment 3) the interaction effect of vermicompost and urea fertilizer treatment on the growth of green mustard. In the research a 2 factor design was used. Growth parameters of mustard greens measured were plant fresh weight, stem height, number of leaves and length of mustard green leaves. Data from measurements of all the growth parameters above were analyzed using analysis of variance. The results of the mustard green growth analysis showed that: (1) urea fertilizer treatment had a significant effect on fresh weight, plant height, number of leaves and leaf length of mustard greens, (2) vermicompost treatment had a significant effect on all mustard green growth parameters. (3) the interaction between urea and vermicompost fertilizer treatments did not have a real effect on the growth of mustard greens.

Time-varying relatedness and structural changes among green growth, clean energy innovation, and carbon market amid exogenous shocks: A quantile VAR approach

Green growth has become a critical driver in sustainability science. However, attaining a steady state of green growth can be challenging in the face of exogenous economic shocks. As such, this study assesses the time-varying relatedness among the USA's green economy (OMXGE), carbon markets (CCAI), green energy (ECO), natural resource markets (SPNGR), and sustainability index (DJS) considering multiple economic traumatism (i.e., the Brexit, COVID-19, Russia-Ukraine conflict). By deploying the quantile VAR (QVAR) and “Wavelet Local Multiple Correlations (WLMC)” approaches, we find: 1) Without the quantile effect, we note strong total interconnectedness among the designated series, which is close to 93 %. 2) From the QVAR findings, we note a high shock-receiving tendency in ECO and CCAI during the Brexit referendum, the first wave of COVID-19, and the Ukraine-Russia conflict, making these markets attractive for further investment during turbulent times. 3) DJS and OMXGE are temporary shock receivers and predominant shock transmitters, indicating that the green economy and sustainability indicators are not robust enough to absorb shocks during economic shocks. 4) Wavelet coherence findings further validate that the green economy is not a safe haven asset, whereas the carbon market has a strong shock absorption capacity and can provide strong hedging support. The underlying findings reveal that Washington's policy toward a renewable-based equity market should be more liberal to ramp up investment in renewables.