Green Technology Investment Research Articles

A step towards a sustainable environment in top-10 nuclear energy consumer countries: The role of financial globalization and nuclear energy

Nuclear energy is considered an effective means of enhancing environmental sustainability. Considering this point, this study aims to explore the impact of nuclear energy, financial globalization, technological innovation, and economic growth on ecological sustainability in the top-10 nuclear energy-consuming economies from 1995 to 2020. The load capacity factor is used as a novel proxy for ecological sustainability, explaining how human actions affect ecological sustainability and how nature compensates for human-induced damage. The study employs a novel non-parametric MMQR approach to obtain coefficients across heterogeneous quantiles. The MMQR estimation findings indicate that: (i) nuclear and renewable energy consumption and financial globalization promote environmental sustainability by increasing the LCF; (ii) economic growth degrades ecological sustainability by decreasing the LCF; and (iii) the results from Granger causality suggest a causal link among economic growth, technological innovation, nuclear energy, and LCF. The study recommends that the governments of the top-10 nuclear energy-consuming countries facilitate more investment in green technologies and green energy to achieve environmental sustainability.

A Study on Management of Administrative Challenges and Market Strategies in the Implementation of Carbon Tax in Indonesia

This research discusses administrative challenges and market strategies in implementing a carbon tax in Indonesia. The carbon tax was introduced through the 2021 Harmonization of Tax Regulations Law to control CO2 emissions from fossil fuels such as coal, oil and natural gas. Key challenges include administrative complexity, strong inter-agency coordination, effective monitoring systems, and consistent law enforcement. The global carbon market in 2023 shows great potential for economically efficient emissions reductions, but implementing this model requires adapting to Indonesia's socio-economic landscape. The research method used is a qualitative approach with case studies, combining data from policy documents, interviews with tax experts, and local carbon market analysis. The research results show that the implementation of a carbon tax is faced with several major challenges, including a lack of accurate data on emissions, an immature monitoring system, and resistance from certain industrial sectors. Effective market management strategies, such as the allocation of tax revenues to sustainable projects, are key to mitigating negative economic impacts and encouraging investment in green technologies. This research makes a significant contribution to the understanding of the complexity of carbon tax implementation in developing countries and its relevance in the global context for achieving climate change goals.

Optimal Pricing and Retailing Strategy for an Assembled Product Manufacturing–Remanufacturing Process under Carbon Emission Regulations and Autonomation

Online-to-offline (O2O) retailing offers unique opportunities for customizable assembled products with spare parts. Customers can browse and configure their desired product online, selecting from various components. Imperfect production, where a certain percentage of products have defects, can be amplified in the manufacturing system. Stricter carbon emission regulations put pressure on manufacturers to minimize waste. This creates a tension between discarding imperfect products, generating emissions, and potentially offering them at a discount through the O2O channel, which could raise quality concerns for consumers. In this study, an imperfect single-stage production process is examined, incorporating manufacturing–remanufacturing within a single stage for assembled products containing various spare parts. The study explores an investment scenario aimed at enhancing the environmental sustainability of the product. Additionally, two carbon emissions regulation strategies, specifically carbon cap-and-trade regulation and carbon taxation, are evaluated for their effectiveness in mitigating carbon footprints. The identification of waste, particularly in the form of defective items, is achieved through automated inspection techniques. The demand for spare parts associated with the assembled products is intricately linked to the selling prices set across diverse channels. Finally, the total profit of the manufacturing system is maximized with the optimized value of the selling prices, order quantity, backorder quantity, and investments in autonomated inspection, setup cost, and green technology. Numerical illustrations show that system profit was optimized when the defective rate followed a triangular distribution under carbon cap-and-trade regulation and when green technology investment helped to enhance retailer profit by 18.12%, whereas autonomated inspection increased retailer profit by 10.27%.

Sustainable Supply Chain Management: A Comparative Analysis of Green Practices in Various Industries

In recent years, sustainable supply chain management (SSCM) has emerged as a critical component for organizations aiming to enhance their environmental performance while maintaining economic viability. This study presents a comparative analysis of green practices across various industries, including manufacturing, retail, and agriculture. By examining the implementation of sustainable practices such as waste reduction, energy efficiency, and sustainable sourcing, this research highlights the diverse approaches adopted by different sectors in their quest for sustainability. The analysis employs a mixed-methods approach, incorporating both qualitative and quantitative data collected from industry reports, case studies, and surveys of supply chain professionals. Key findings reveal that while some industries, like retail, have made significant strides in adopting circular economy principles, others, such as manufacturing, still face challenges in integrating sustainable practices due to regulatory and cost-related barriers. Furthermore, the study identifies best practices and innovative strategies that have led to successful implementation of SSCM, including collaboration with stakeholders and investment in green technologies. This analysis not only underscores the importance of contextual factors in shaping green practices but also offers valuable insights for organizations seeking to enhance their sustainability efforts. By fostering a deeper understanding of industry-specific challenges and opportunities, this research contributes to the growing body of knowledge on sustainable supply chain management and provides a roadmap for future initiatives to promote environmental stewardship across sectors. Keywords: Sustainable supply chain management, SSCM, green practices, comparative analysis, sustainability, drivers, stakeholders

A Closed-Loop Supply Chain Inventory Model with Carbon Emissions and Green Technology Investment

This paper proposes an inventory model that integrates a manufacturer and a retailer in a supply chain system. The model employs environmentally friendly technology investments to reduce the emissions produced in the process. Furthermore, the demand at the retailer's end is unpredictable, and green investments affect the average demand levels. This research aims to identify the optimal delivery lot, the number of deliveries, the Safety Factor, the level of green technology, and the collection level to maximize the joint total profit. Numerical examples illustrate the model's practical application, and algorithms are developed to solve the problem. Sensitivity analysis is used to determine the key model parameters' effect on the model's behavior. Green investments have been shown to reduce emissions and increase returns on second-hand goods, thus enhancing the environmental efficiency of supply chains.

Managerial and Financial Barriers to the Green Transition

Using data on 10,776 firms across 22 emerging markets, we show that both credit constraints and weak green management hold back corporate investment in green technologies embodied in new machinery, equipment, and vehicles. In contrast, investment in measures to explicitly reduce emissions and other pollution is mainly determined by the quality of a firm’s green management and less so by binding credit constraints. Data from the European Pollutant Release and Transfer Register reveal the environmental impact of these organizational constraints. In areas where more firms are credit constrained and weakly managed, industrial facilities systematically emit more CO2 and pollutants. A counterfactual analysis shows that credit constraints and weak management have respectively kept CO2 emissions 4.5% and 2.3% above the levels that would have prevailed without such constraints. This is further corroborated by our finding that in localities where banks had to deleverage more due to the global financial crisis, carbon emissions by industrial facilities remained 5.6% higher a decade later. This paper was accepted by Lukas Schmid, finance. Supplemental Material: The online appendices and data files are available at https://doi.org/10.1287/mnsc.2023.00772 .

Fueling a greener tomorrow: The impact of energy diversification on green growth

AbstractMotivated by the necessity of attaining carbon neutrality and striking a balance between clean and conventional energy sources, the emphasis is on how urgent it is to combat climate change and make the switch to sustainable energy systems. In this context, the current study aims to examine the effects of energy diversification on green growth, considering such complementary factors as green technology, human capital, remittance inflows, foreign direct investment inflows, trade openness, and gross fixed capital formation. An empirical analysis is conducted by framing a green growth function in the panel data framework which is analyzed using the dynamic standard correlated model for the BRICS nations (Brazil, Russia, India, China, and South Africa) for the period between 1995 and 2020. The results show that (i) energy diversification exerts a dampening effect on the trajectory of green growth, (ii) the process of green growth was affected due to green technology and foreign direct investment inflows, (iii) underscores the pivotal role of human capital and gross fixed capital formation in bolstering the green growth trajectory, (iv) despite their potential relevance, remittance inflows and trade openness exhibit negligible impact within the framework of the green growth function, thus underscoring their limited contribution to the overarching sustainable development. The practical policy recommendations and invaluable insights provided by these empirical findings are instrumental in fostering green growth among the BRICS countries. Moreover, it contributes to the discourse on sustainable development by providing a solid foothold for informing the development of relevant policies in similar situations around the world.

Evaluation and Spatial Correlation of Agricultural Green Investment Efficiency in China

Green agriculture is one of the development directions of modern agriculture, and now the development of green agriculture needs the support of capital and technology. Under the background that China attaches great importance to the development of green agriculture, the government has introduced a series of relevant policies. Therefore, by exploring the problem of investment efficiency in the development of green agriculture in our country, optimizing the investment direction, and constantly promoting the development of green agriculture, there is no doubt that it has important practical significance. Through normative analysis and empirical analysis methods, this paper conducted in-depth research on the efficiency of green investment in agricultural science and technology, the development prospect of agricultural green industrial structure, and the impact of green agricultural economy on green investment, analyzed several key impacts of improving the efficiency of agricultural green investment on the development of agricultural industry, and then elaborated the reaction of agricultural green investment on the entire economic development. This paper also innovatively explores from the Angle of entry and analysis methods, and continuously analyzes the investment effect of "high investment efficiency, low investment level and high overall income growth" formed by the gradual improvement of green technology investment efficiency, the continuous decline of green investment level and the continuous reduction of green investment cost.

The role of fintech, mineral resource abundance, green energy and financial inclusion on ecological footprint in E7 countries: New insight from panel nonlinear ARDL cointegration approach

This main objective of the study is to examine the impact of green energy, financial inclusion, fintech, and mineral resource abundance on the ecological footprints (EFP) of the top seven emerging economies. The research mainly explores the role of mineral resource abundance and fintech advancements in promoting environmental sustainability, while also analyzing the benefits of green energy in reducing ecological footprints in E7 countries. This research employed the panel Nonlinear ARDL approach to gain a deeper understanding of positive and negative variations of the data of E7 countries from 2000 to 2020.The study employed the robust and second-generation panel unit root test to enhance the understanding of the estimated model. There are many benefits to using these most robust second-generation techniques; such as they possess an ability to recognize patterns and correlations in panel data. In addition, these second-generation tests provide enhanced estimators in comparison to first-generation methods. To ensure utmost precision and to ensure reliability and validity of the data analysis, the authors have employed process underwent comprehensive testing with both CIPS and CADF. Furthermore, the HASIO test is used to evaluate uniformity in data. The findings of the study reveal that green energy has a significant and complex relationship with the ecological footprint, indicating that investments in green technologies can have immediate beneficial effects on environmental quality, albeit with varying impacts over time. Financial technology emerges as a pivotal factor with both positive and negative shocks displaying a substantial influence on the ecological footprint, suggesting that technological advancements in the financial sector can lead to sustainable economic practices that are crucial for environmental health. The results of the study imply that strategic investments in green energy and innovative financial technologies are essential for achieving the SDGS, particularly SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action). The results of the study further imply that these investments not only reduce the ecological footprint but also promote sustainable economic growth in emerging economies, demonstrating the interconnectedness of economic advancement and environmental stewardship.

The impact of cleaner energy sources, advanced technology firms, and economic expansion on ecological footprints is critical in sustainable development

The environmental degradation accompanying economic growth, despite the potential mitigating effects of technological advancements and cleaner energy sources. This study examines the critical impact of cleaner energy sources, advanced technology firms, and economic expansion on ecological footprints within the context of sustainable development, focusing on the period between 2010 and 2022. By comparing the E7 (emerging seven) and G7 (Group of Seven) economies, the research aims to delineate how these factors collectively influence environmental sustainability in both developing and developed nations. Utilizing a robust panel estimation technique, the study systematically explores the relationship between the adoption of renewable energy technologies, the growth of high-tech industries, and macroeconomic expansion, alongside their respective effects on the ecological footprint, a key indicator of environmental impact. Our statistical analysis reveals significant differences between the E7 and G7 countries. For the G7, investments in cleaner energy and technology sectors have shown a more pronounced effect in reducing ecological footprints, attributed to higher efficiency standards and greater public awareness. In contrast, the E7 countries exhibit a delayed response, owing to varying stages of economic development and technological adoption, although promising trends are emerging. Notably, the G7 demonstrates a more pronounced inclination towards financial imperialism (0.043), while the E7 is significantly influenced by green energy sources (0.258). Policy implications drawn from the findings suggest that targeted investments in green technologies and renewable energy sources, coupled with robust policies supporting economic expansion in a sustainable manner, are crucial for both groups of countries. For the E7, accelerating technology transfer and adopting stricter environmental regulations are key, while the G7 should focus on innovation and the continuous improvement of energy efficiency standards. This dual approach is essential for mitigating the environmental impacts of economic growth and steering the global economy towards a more sustainable trajectory.

An integrated vendor-buyer model with sustainability and remanufacturing of returned product

Carbon emission reduction is very crucial nowadays. A proper balance is required for carbon emission reduction and burning of fossils fuels because during fossil fuel burning carbon is emitted and it is essential for industrialization. This study presents an inventory model with green technology where production of new items and remanufacturing of returned items are allowed. Remembering the present global situation, the ordering cost is assumed as variable cost which contain order cancellation and reorder cost. Online order policy is considered with quality of product and a return rate. Keeping in mind the social, economic and environmental aspects, the demand function is considered as sustainability sensitive demand. A nonlinear model is designed based on the above concepts. The model is solved both theoretically and analytically. The main motives of the work are to find the effects of ordering cost, carbon emission cost and green technology investment on the inventory model for suggesting the best policy to the inventory manager. Sensitivity analysis is performed to validate the model. The numerical results prove that ignoring ordering cost, carbon emission cost and green technology investment can lead to a false optimal solution and this can be a huge economical loss for the inventory manager. The results also prove that a sustainable model with carbon emission and green technology investment is more realistic and profitable in compare with the other existing models.

Nexus between Innovation–Openness–Natural Resources–Environmental Quality in N-11 Countries: What Is the Role of Environmental Tax?

This research investigates the intricate relationship between financial openness, natural resources, and carbon neutrality in the N-11 countries. It provides insights into how environmental tax and innovation can drive carbon neutrality in these nations, thus advancing our understanding of the nexus among financial openness, natural resources, and carbon neutrality. The study aims to offer policymakers perspectives on formulating policies to foster sustainable economic development and environmental conservation in the N-11 nations. The discourse highlights the environmental implications of foreign direct investment (FDI) and trade openness, revealing a complex interplay between economic development, technological innovation, and environmental sustainability. While FDI can facilitate technological transfers and managerial advancements that enhance resource efficiency and promote environmentally friendly practices, its environmental impact varies based on regulatory frameworks and enforcement mechanisms. In countries with weak environmental regulations, FDI may lead to negative outcomes such as pollution hotspots, resource depletion, and ecosystem degradation. Similarly, trade openness can exacerbate environmental degradation through increased production, energy consumption, and waste generation. However, both FDI and trade openness can contribute positively to environmental sustainability when coupled with effective environmental policies, investment in green technology, and the promotion of sustainable practices. Thus, policymakers must strike a balance between economic development and environmental protection by implementing stringent environmental regulations, promoting clean technology transfer, and fostering sustainable development practices domestically and internationally. This research offers valuable insights for policymakers aiming to navigate the complexities of achieving carbon neutrality while ensuring sustainable economic growth in the N-11 countries.

Another look at energy consumption and environmental sustainability target through the lens of the load capacity factor: Accessing evidence from MINT economies

AbstractThe relationship between energy utilization and the environment is crucial in an era of environmental concerns by global economies and rising energy consumption. Emerging economies such as Mexico, Indonesia, Nigeria, and Turkey (hereafter, MINT) face complex trade‐offs between economic growth and environmental sustainability. Strengthening this study are the UN Sustainable Development Goals prepositions on access to clean and alternative energy, decent economic growth, responsible production and consumption and climate action (UN‐SDGs‐7, 8, 12, and 13). The present study examines the environmental Kuznets curve (EKC) hypothesis for MINT economies within the framework of the load capacity factor (LCF). The article leverages panel econometrics to operationalize the relationship between study variables. Empirical findings show that the present study fails to confirm the presence of EKC. Thus, it implies that the MINT economies are at their first stage of accelerated economic growth which might result in an augmented ecological footprint and exert pressure on natural resources, as indicated by the observed negative outcome. Furthermore, there is a positive and significant relationship between renewable energy consumption (RENENG) and LCF. It implies that a 1% increase in RENENG leads to an increase in LCF of 0.70%. These outcomes indicate that the level of RENENG in MINT economies is not sufficient to mitigate climate change issues. Thus, from a policy perspective, there is a need for change in the MINT nations' energy portfolio mix, such as the need to switch from conventional energy sources (fossil fuels) to renewable energy sources, including solar, wind, photovoltaic and hydropower, which usually have a smaller negative impact on the environment. Furthermore, there is a need for investment in new and green energy technologies in the countries investigated to arrive at a clean and better ecosystem as desired. More insight is outlined in the concluding section.

FINANCING GREEN ENERGY FOR ENHANCING ENERGY SECURITY IN UKRAINE

This paper examines the financing of green energy initiatives as a critical element in strengthening Ukraine's energy security, especially in the context of post-war reconstruction and the need for sustainable and resilient energy infrastructure. The study aims to assess the potential and challenges of investing in green energy in Ukraine, considering the destruction caused by Russian military actions in the winter of 2022-2023, and the need for recovery based on sustainable models. In this regard, the obtained results emphasize the importance of creating a reliable and decarbonized energy sector, driven by both domestic needs and international cooperation with the EU and other partners. The analysis shows that despite strong support for the green energy transition, the development of the sector is hindered by the high capital intensity required for green technologies, which are often not competitive without government subsidies. This requires a careful balance between innovation and commercial viability of green energy projects, highlighting the need for public and private investments in technologies that can compete with traditional sources of energy in the long term and developing new financing tools for Ukraine. The conclusions indicate that a multifaceted approach is needed to ensure Ukraine's energy future and minimize risks. Such an approach should include policy reforms, strategic investments in proven green technologies, and fostering partnerships to bridge the commercialization gap. Policymakers face the dual challenge of accelerating the energy transition while managing financial constraints exacerbated by military spending, highlighting the trade-off between rapid development and the risks associated with financing innovation. Overall, this study contributes to the understanding of how green energy financing mechanisms can enhance Ukraine's energy security, suggesting broader implications for policy, investment, and technological innovation in the context of Ukraine's post-war recovery and future resilience.

Exploring the nexus between green finance and energy efficiency: Unravelling the impact through green technology innovation and energy structure

This study delves into the intricate relationship between green finance and energy efficiency, focusing on how green technology innovation and energy structure transformations contribute to this dynamic. Utilizing panel data from China's provinces over the period 2015–2022, the research aims to uncover the nuances of how green finance can serve as a catalyst for enhancing energy efficiency across different regions. The objective is to quantify the impact of green finance on energy efficiency, considering the mediating roles of green technology innovation and shifts in energy structure. The analysis employs a sophisticated panel entropy weighting technique to analyze the data, ensuring a robust examination of the relationships between these variables. The results reveal a significant positive impact of green finance on energy efficiency, mediated by advances in green technology and modifications in the energy structure towards more sustainable forms. Specifically, regions with higher engagement in green finance initiatives demonstrated marked improvements in energy efficiency, attributed to substantial investments in green technologies and a gradual shift away from traditional, inefficient energy sources. These findings underscore the pivotal role of green finance in driving the transition towards a more energy-efficient and sustainable economic model. Policy implications drawn from this study suggest that targeted financial policies promoting green investments can significantly bolster energy efficiency.

Optimal discounts in green public procurement

We provide an auction-theoretical analysis of Green Public Procurement (GPP) as a preferential program aimed at stimulating investment in green technologies. We find that GPP incentivizes more competitive firms to invest. We also show that GPP can be an optimal mechanism for a procurer who cares about minimizing the purchasing price while triggering green investment.

Adoption of renewable energy to phase down fossil fuel energy consumption and mitigate territorial emissions: evidence from BRICS group countries using panel FGLS and panel GEE models

The recognition of climate change as real and unprecedented has been acknowledged by global communities. Furthermore, fossil fuel energy consumption and territorial emissions are identified as major drivers of climate change. Data collected from the World Bank for BRICS (Brazil, Russia, India, China, and South Africa) group of countries for the period from 1990 to 2018, and analyzed using Panel FGLS and Panel GEE models, revealed an inverted U-shaped relationship between GDP per capita and its square with fossil fuel energy consumption in BRICS countries. However, this relationship was not observed with territorial emissions. It is indicated that the BRICS group of countries is making efforts to reduce fossil fuel energy consumption, but investment in green technology is insufficient to reduce territorial emissions. Therefore, it is recommended that climate policies need to be more aggressively implemented to support investment in clean and green energy technology.

Reducing emissions from production and distribution in three-echelon supply chains

Reducing carbon emissions is one of the key goals of contemporary supply chains and logistics. This paper aims to formulate a novel three-echelon (supplier-3PL-retailer) supply chain model comprising green technology investment, variable demand, variable lead time, a dynamic shipping strategy, and an option for vehicle selection. The demand function considers the product's freshness index and maximum lifetime, along with the availability of stocks. Besides, the delivery from the 3PL to the retailer is dynamically determined based on previous shipment information. A green vehicle is selected using a multi-criteria decision-making (MCDM) technique based on q-alternatives with n-characteristics for the transportation process and mathematically we link this selection process to traditional three echelon supply chain optimization problem. The results show that combining green investment with an appropriate dynamic shipping strategy by using a selected green vehicle reduces the supply chain's emissions and total integrated cost. Furthermore, reducing lead time without compromising other supply chain factors stimulates demand of customers and produces fewer emissions with a significant reduction in the total integrated cost. A real-case-based study shows the performance of the proposed model and method.. The study illustrates that 47.744% of the carbon emissions in Scenario 1 and 47.53% in Scenario 2 are reduced when an emission reduction strategy is implemented. In terms of total integrated costs our proposed model could save 4.85% cost in Scenario 1 while 4.96% for Scenario 2, which is significant.

EFFICIENCY OF INVESTMENTS IN THE GREEN ECONOMY TO INCREASE CORPORATE SOCIAL RESPONSIBILITY

Purpose. The aim of the article is the theoretical substantiation of the tools and methodological apparatus for the effectiveness of investments in the green economy and the intensification of corporate social responsibility. Methodology of research. The methodological basis of the study is based on general scientific methods of scientific knowledge: induction and deduction - at the stage of collecting, systematization and processing of information to identify trends and cause-and-effect relationships in investing in the green economy, and also for increasing corporate social responsibility; analysis and synthesis – to identify the main trends in investing in green technologies; abstract and logical – for summarizing information from various sources and creating a comprehensive view of the investigated problem, forming theoretical conclusions and generalizations; the method of comparativistics – for the analysis of the main vectors of increasing corporate social responsibility and the cause-and-effect relationships between them. The work uses tabular and graphical methods of statistical data processing. Findings. The positive impact on the financial performance of companies through investments in green technologies, which contribute to the reduction of operating costs by increasing energy efficiency and reducing the use of resources, is generalized. The improvement of reputation and relations with stakeholders, through active investment in environmentally friendly technologies, better reputation among consumers, investors and the public, which contributes to increasing trust in the brand and increasing customer loyalty, is substantiated. Risk reduction and increased resilience through investments in the green economy, which help companies reduce environmental and regulatory risks associated with stricter environmental regulations and requirements, are analysed. Social and environmental benefits were identified, as investments in green projects contribute to the creation of new jobs, especially in the areas of renewable energy, waste management and green construction. It was established that increasing the internal efficiency and innovation capacity of companies that invest in green technologies allows them to introduce innovations into their production processes more often, demonstrate greater flexibility and readiness for change, which is an important factor in today's dynamic business environment. Originality. A comprehensive approach to studying the effectiveness of investments in the green economy from the point of view of their impact on corporate social responsibility (CSR) is proposed. A systematic analysis of the relationships between the level of investments in the green economy and CSR indicators of companies was carried out on the basis of a wide range of data from various sectors of the economy, which made it possible to identify key trends and regularities that had not been investigated before. Practical value. Substantiated recommendations for effective investment in green technologies can be used by companies to increase their competitiveness in the market by improving their reputation, strengthening relationships with stakeholders and increasing their innovation capacity. Key words: investments, green economy, corporate social responsibility, green technologies, energy efficiency, waste management, environmentally friendly technologies, innovations.

Sustainable IT practices in Nigerian banking: Environmental perspectives review

This review paper aims to critically analyze sustainable information technology (IT) practices in the Nigerian banking sector, focusing on environmental perspectives. The primary objective is to identify and evaluate the extent to which Nigerian banks have integrated sustainable IT practices and the impact of these practices on environmental sustainability. The methodology involves a comprehensive review of existing literature, including academic journals, industry reports, and case studies, to gather insights into the current state of sustainable IT in Nigerian banking. Key findings reveal that while some Nigerian banks have begun to adopt green IT initiatives, such as paperless operations, energy-efficient data centers, and electronic banking services, the overall adoption rate is relatively low compared to global standards. The study identifies barriers to adoption, including lack of awareness, limited regulatory frameworks, and inadequate infrastructure. Despite these challenges, the paper highlights the potential benefits of sustainable IT practices, such as reduced carbon footprint, operational cost savings, and enhanced corporate reputation. The paper concludes that for Nigerian banks to fully embrace sustainable IT practices, there needs to be a concerted effort involving policy formulation, awareness campaigns, and investment in green technologies. It recommends that stakeholders, including government, regulatory bodies, and the banks themselves, collaborate to create an enabling environment for sustainable IT. This review contributes to the understanding of sustainable IT in the Nigerian banking sector and provides a foundation for future research and policy development in this area.