Utilization Of Natural Resources Research Articles

Enhancing integrated resource management through remote sensing and GIS

Integrated Resource Management plays a crucial role in sustainable development by ensuring efficient allocation and utilization of natural resources. Remote Sensing (RS) and Geographic Information System (GIS) have emerged as powerful tools for collecting, analyzing, and managing spatial data, enabling comprehensive and integrated decision-making processes. This review article uniquely focuses on Integrated Resource Management (IRM) and its role in sustainable development. It specifically examines the application of RS and GIS in IRM across various resource management domains. The article stands out for its comprehensive coverage of the benefits, challenges, and future directions of this integrated approach.

Assessing the nexus between natural resources and government effectiveness: Role of green innovation in shaping environmental sustainability of BRICS nations

The discussion surrounding natural resources and government effectiveness in mitigating carbon emissions has garnered significant attention. However, the existing evidence on this matter remains limited. This research delves into this issue within the BRICS nations, shedding light on pivotal factors influencing the ecological landscape. Spanning the years 1995–2021, this study identifies government effectiveness, green innovation, natural resources, and economic growth as crucial determinants that significantly shape the environmental sustainability of BRICS nations. For this purpose, we employ the Method of Moments Quantile Regression (MMQR), Canay (2011) quantile regression, and AMG. Study results reveal a positive correlation between nuclear energy and CO2 emissions, signaling environmental challenges. Conversely, government effectiveness consistently correlates with reduced CO2 emissions, aligning with Sustainable Development Goal 16. The positive relationship between green technology innovation and natural resource utilization with CO2 emissions underscores the imperative for environmental considerations. On the flip side, economic growth negatively impacts CO2 emissions, suggesting potential avenues for sustainable development. These findings highlight the urgency of targeted policies, especially resource-related ones, to enhance environmental sustainability in BRICS nations. Recognizing their global impact, strategic interventions are crucial for addressing environmental challenges and fostering sustainable development.

Blue Economy from Perspective of Al-Qur'an

This research concludes that from the Al-Qur'an perspective, the maritime concept with a blue economy perspective is an integral approach, where the utilization of marine resources, which are referred to as al-Bahr and al-yam in the Al-Qur'an, needs to integrate several aspects interrelated maritime affairs. Reduction of one maritime aspect can result in ineffectiveness in dealing with the complexity of maritime problems as a whole.The framework used in this research includes the following aspects:First, Aqidah: Humans are seen as caliphs who are responsible for the universe that Allah rules. Second, Sharia: Maritime natural resource utilization activities must be in accordance with the principles of Islamic law. Third, Morals: Improvement with adaptive innovation for the efficiency of natural resources, fair distribution, and consumption that does not damage or waste natural resources.This research supports the views of several figures such as Robert Maltus, Langdon Gilkey, Seyyed Hossein Nasr, Donella H. Meadow, Arne Naess, Edith Brown Weiss, and Gunter Pauli, who emphasize the need for wise management of natural resources for sustainability. The research method used is a qualitative method with the Tafsir Maudū'i (thematic) interpretation method.This research differs from the views of several figures, such as Hugo Grotius, Adam Smith, David Ricardo, Immanuel Kant, and Garret Hardin, who have different views regarding natural resource management. Thus, this research proposes a holistic approach based on Islamic values in viewing and managing marine resources to achieve economic and environmental sustainability.

Mega-Projects in Construction: Barriers in the Implementation of Circular Economy Concepts in the Kingdom of Saudi Arabia

The construction sector has been subjected to scrutiny due to its propensity for waste generation and the extensive utilisation of finite natural resources. In response to these concerns, a transition towards a novel conceptual framework known as circular economy (CE) has been advocated. Nevertheless, the integration of CE principles within the construction domain encounters numerous impediments to its advancement. Despite scholarly recognition of these challenges, scant research has been devoted to elucidating the intricacies associated with the planning and execution of large-scale projects, particularly within developing nations such as the Kingdom of Saudi Arabia (KSA). This paper intends to fill this gap through the identification and ranking of those barriers encountered when trying to implement CE during construction in KSA. To this end, a comprehensive literature review was completed, alongside a survey conducted amongst 239 participants involved in three mega-projects. A statistical analysis of the data collected was carried out based on the one-way analysis of variance (ANOVA). Following this, a relative importance index (RII) was established to rank 24 barriers categorised as major within the sample. The findings revealed the lack of regulation within the construction sector, the lack of education and training, little awareness and guidance on the subject, and the absence of an incentives policy as primary barriers to adopting CE in KSA. The present study endeavours to enhance the comprehension regarding the principles of circular economy (CE) and the attendant challenges encountered during its implementation. The overarching objective is to provide insights that can inform decision-making processes, thereby facilitating the development of robust mitigation strategies and the adoption of best practices.

Analisis Dampak Hilirisasi Terhadap Pertumbuhan Ekonomi Di Indonesia

The processing and utilization of natural resources aims to meet all human needs in each country, both in the agriculture, fisheries, and mining sectors. Natural resource law focuses more on exploitation and utilization, while environmental law focuses on its preservation, indeed these two laws seem to contradict and there is a difference. But this is always related to each other and cannot be separated. Downstream which refers to the development or transformation of the added value of a product or commodity from raw materials upstream to semi-finished products or finished products downstream. In other words, through the downstream program, Indonesia has the opportunity to increase revenue by managing the production process from upstream to downstream. Downstream is the main focus of the government because downstream has significant added value potential for the country's economy. The government said the key to Indonesia's economic growth reaching 6-7% lies in downstream. One of the downstream industry programs is predicted to be an important step to support the momentum of golden Indonesia 2045.

Natural resources as a double-edged sword towards ecological quality: Can environmental regulations and green human capital rectify the adverse impacts?

Natural resources are the backbone of any economy and the bedrock of ecological health. However, the relentless exploitation of these resources has given rise to ecological degradation. This threatens ecosystem stability, presenting the urgent need to balance natural resource utilization with ecological integrity. Environmental regulations and green human capital are pivotal in striking this balance and progressing towards the Sustainable Development Goals (SDGs). Therefore, this study explores how natural resources impact ecological quality in Ghana from 1990 to 2019 within the environmental Kuznets curve (EKC) framework, considering the role of environmental regulations and green human capital. The study employs the novel dynamic ARDL simulation method, presenting insights that diverge from patterns noted in previous studies. The study's findings reveal that natural resources intensify ecological quality in the short term but degrade ecological quality over the long term. Environmental regulation reduces ecological harm, while green human capital negatively impacts ecological quality. Environmental regulation and green human capital undesirably and beneficially impact how natural resources relate to ecological quality, with the undesirable effects occurring in the short term and the beneficial effects emerging over the long term. Further, a U-shaped relationship is observed between economic growth and ecological pollution in the short term, which transforms into an inverted U-shaped relationship in the long term, thus validating the EKC hypothesis in Ghana. The study concludes by recommending the implementation and enforcement of environmental regulations as a pathway toward achieving ecological quality and SDGs, particularly SDG 13, SDG 12, and SDG 7.

Ethnobotanical Study of Efficacious Plants in Urban Communities

Indonesia’s biodiversity provides many benefits for the people of the archipelago, one of which is as an Efficacious Plant. They are renewable biological natural resources that have high economic prospects in the future. Traditional knowledge or wisdom community in the utilization of natural resources, especially plants (ethnobotany) is a cultural wealth that needs to be explored for management the tradition is not lost. The purpose of this research is to make an inventory of the types of Efficacious Plants that have been used by the family. The research method was carried out by observing the Efficacious Plant used by the community. The field data collection technique is observation field and semi-structured interviews or interviews deep Efficacious Plant grown to meet family needs will be made by themselves or sold to consumers. According to an ethnobotanical study at the research site, 21 useful plant species were found that were often used by the local population. Among these plants are Curcuma sp., Kaempferia galanga, Andrographis paniculata, Alpinia galanga and Zingiber sp. Is predominantly from the Zingiberaceae family. Parts of Efficacious Plant that are often used are leaves, fruit, bark, and rhizomes. Biological natural resources in the form of Efficacious plants have a large enough function to meet human health needs.

Transparent Cellulose/Multi-Walled Carbon Nanotube Hybrids with Improved Ultraviolet-Shielding Properties Prepared from Cotton Textile Waste.

Plastics offer many advantages and are widely used in various fields. Nevertheless, most plastics derived from petroleum are slow to degrade due to their stable polymer structure, posing serious threats to organisms and ecosystems. Thus, developing environmentally friendly and biodegradable plastics is imperative. In this study, biodegradable cellulose/multi-walled carbon nanotube (MCNT) hybrid gels and films with improved ultraviolet-shielding properties were successfully prepared using cotton textile waste as a resource. It was proven that MCNTs can be dispersed evenly in cellulose without any chemical or physical pretreatment. It was found that the contents of MCNTs had obvious effects on the structures and properties of hybrid films. Particularly, the averaged transmittance of cellulose/MCNT composite films in the range of 320-400 nm (T320-400) and 290-320 nm (T290-320) can be as low as 19.91% and 16.09%, when the content of MCNTs was 4.0%, much lower than those of pure cellulose films (T320-400: 84.12% and T290-320: 80.03%). Meanwhile, the water contact angles of the cellulose/MCNT films were increased by increasing the content of MCNTs. Most importantly, the mechanical performance of cellulose/MCNT films could be controlled by the additives of glycerol and MCNTs. The tensile strength of the cellulose/MCNT films was able to reach as high as 20.58 MPa, while the elongation at break was about 31.35%. To summarize, transparent cellulose/MCNT composites with enhanced ultraviolet-shielding properties can be manufactured successfully from low-cost cotton textile waste, which is beneficial not only in terms of environmental protection, but also the utilization of natural resources.

Do natural resources bestow or curse the environmental sustainability in Cambodia? Nexus between clean energy, urbanization, and financial deepening, natural resources, and environmental sustainability

The management and utilization of natural resources can either promote or hinder environmental sustainability. While they can provide the basis for renewable energy, sustainable agriculture, and conservation efforts, their extraction and use can also lead to environmental degradation, pollution, and depletion. This study examines the intricate relationship between natural resource rent (NRR) and environmental sustainability in Cambodia. Specifically, the study investigates the impacts of financial openness, institutional quality, financial deepening, and urbanization on this relationship. Employing both symmetric and asymmetric frameworks, the research assesses the explanatory power of these variables on environmental sustainability. Study implemented novel cointegration test offered by Bayer-Hancked and Makki, the long-run and short-run coefficients has derived through the implementation of augmented autoregressive Distributed Lagged (AARDE) and Nonlinear Autoregressive Distributed Lagged (NARDL). The study reveals the long-term association between NRR and environmental indicators, additionally the findings uncover both positive and negative correlations between NRR and environmental sustainability, emphasizing the challenge of managing natural resources effectively. Furthermore, the study highlights the potential adverse environmental effects of financial expansion, suggesting that increased investment in certain industries and higher consumption patterns may exacerbate environmental degradation. It also underscores the role of foreign direct investment (FDI) in promoting renewable energy technologies and sustainable practices, ultimately reducing CO2 emissions. Additionally, the study stresses the importance of institutional quality and transparent financial systems in encouraging sustainable practices and mitigating carbon emissions. It advocates for Cambodia to prioritize institutional strength and financial openness to achieve long-term environmental sustainability, while addressing the challenges posed by financial deepening and urbanization.

Controllable preparation of wollastonite-based composite coating for highly-efficient passive daytime radiative cooling in building

The building cooling has aroused widespread attention due to its significant contribution to both global warming and energy usage. To combat global warming and reduce energy consumption, an environmentally friendly beneficial alternative to electric cooling for buildings is passive daytime radiative cooling (PDRC). However, many of the reported radiative coolers still suffer from the challenge of complex preparation processes and high costs, making it difficult to scale up for building applications. Herein, the utilization of abundant and low-cost natural resources (i.e., cellulosic biomass and minerals) is strategized to produce radiative cooling material and incorporate this material into building cooling systems to boost global carbon neutrality. Guided by this concept, a hydrophobic SiO2/EC composite (HSEC) coating is designed by embedding nano-sized wollastonite-based SiO2 particles into porous ethyl cellulose (EC) polymer, and subsequently through polydimethylsiloxane (PDMS) dispersion spray treatment. Benefiting from the sufficient scattering by the nano-SiO2 particles and randomly dispersed light-scattering air voids, the resulting cooling coating shows a high solar reflectivity of 95.1 %. More importantly, the molecular vibration of the chemical in HSEC coating results in a high atmospheric window emissivity of 92.5 %. In the field test, the HSEC coating remained approximately 4.2 °C below the ambient temperature under intense solar irradiation of 412.5 W⋅m−2. This work not only offers a promising strategy for realizing the high-value utilization of wollastonite resources in building materials, but also provides a controllable approach for large-scale preparation of highly efficient radiative cooling materials to alleviate building cooling demands.

Differential expression of microRNAs in diapause and non-diapause gonads of Aspongopus chinensis Dallas (Hemiptera: Dinidoridae): implications for reproductive control.

Aspongopus chinensis Dallas, 1851 (Hemiptera: Dinidoridae), an edible and medicinal insect, usually found in China and Southeast Asia, offers substantial potential for various applications. The reproductive cycle of this particular insect occurs annually because of reproductive diapause, leading to inadequate utilization of available natural resources. Despite its considerable ecological importance, the precise mechanisms underlying diapause in A. chinensis are not yet well understood. In this study, we conducted an analysis of comparing the microRNA (miRNA) regulation in the diapause and non-diapause gonads of A. chinensis and identified 303 differentially expressed miRNAs, among which, compared with the diapause group, 76 miRNAs were upregulated and 227 miRNAs downregulated. The results, regarding the Enrichment analysis of miRNA-targeted genes, showed their involvement in several essential biological processes, such as lipid anabolism, energy metabolism, and gonadal growth. Interestingly, we observed that the ATP-binding cassette pathway is the only enriched pathway, demonstrating the capability of these targeted miRNAs to regulate the reproductive diapause of A. chinensis through the above essential pathway. The current study provided the role of gonadal miRNA expression in the control of reproductive diapause in A. chinensis, the specific regulatory mechanism behind this event remained unknown and needed more investigation.

A road toward green growth: Optimizing the role of mineral resources, fintech innovation and effective governance in G-20 economies

The concept of green economy is introduced in last few decades where it is viewed as a framework that brings justice in the form of less environmental risks and improved social welfare. Thus, green growth is now considered an effective economic strategy all across the world. On the other hand, industrial revolution also enlightens the role of financial sector which is viewed as a significant suitor of growth-driven society. However, conflicting environmentally-friendly project by financial means shove innumerable concerns that either financial market products/services comfort environment and nature. In addition to this, mineral resource abundance is also considered a positive sign for nation but compromised environment and nature makes it critical. Considering the scenario, the study makes an attempt to explore the association among fintech innovation, mineral resource utilization on green growth in the present of effective governance. The present study uses dataset spanning over a period of several years from 2004 to 2021 and concentrates on a balanced panel of G20 countries. Results obtained by FMOLS and DOLS exposed that natural resource utilization is not helpful in promoting green growth due to negative association. Results also proclaim that fintech is proved to be an effective strategy to promote green growth. Surprisingly, effective governance makes no effect on green growth. Hence, open avenues for researchers to explore the area further with other methods. Study implications enforce the idea that Fintech innovation not only reduces financial costs but also improves related services. Moreover, it also implies that there is a profound need of creating synergy during Fintech service development as it will help in the expansion of green investment and reduction of environmental risks, means, promising green growth.

EXPLORING FACTORS INFLUENCING THE DIGITAL ECONOMY: UNCOVERING THE RELATIONSHIP STRUCTURE TO IMPROVE SUSTAINABILITY IN CHINA

Digital economy is a great route to promote the efficient utilization of natural resources and promote sustainability due to its high-tech, rapid growth, extensive penetration, deep integration and other characteristics. Existing study on the influencing factors of the digital economy is not deep enough and lacks the analysis on the relationship structure of factors influencing the digital economy, which is not conducive for an overall grasp of the digital economy. To correctly understand how to better develop the digital economy, this paper studies its influencing factors and the relationships between them. Based on the time-series data of China from 2002 to 2018, grey correlation analysis was applied to calculate the correlation between these influencing factors and the digital economy, and determine the major influencing factors of digital economy development in China. The Granger causality test and a review of existing research were used to judge the interrelationship of various factors. The interpretative structure model was utilized to determine the relationship structure of the main factors affecting the development of China’s digital economy. The results show that the number of digital talents, state of the technology market, and degree of digitalization are direct influencing factors of the digital economy. The results help to better understand the development of the digital economy and will enable the implementation of policies to improve towards more sustainable cities.

Kearifan Lokal Dan Pendekatan Dalam Pemanfaatan Sumber Daya Alam Untuk Ekonomi Desa Sesaot

Local wisdom is a cultural heritage that has been acquired and passed down from generation to generation in a community or society. Local wisdom includes knowledge, values, technology, practices and skills possessed by the community in utilizing the natural resources around them. Wise and sustainable use of natural resources is important in the context of village economic development, especially in Indonesia which has abundant natural wealth. Research Method Observer as an instrument (human instrument) This means that the researcher himself has the function of determining the focus of the research, selecting informants as data sources, carrying out data collection, analyzing data, and making conclusions about his findings. The research results show that local wisdom in the use of natural resources for village economic development, especially in Sesaot Village, West Lombok Regency, West Nusa Tenggara Province, Indonesia. Local wisdom is a cultural heritage that includes knowledge, values, technology, practices and skills passed down from generation to generation in a community. Wise and sustainable use of natural resources is important in the context of village economic development in Indonesia which has abundant natural wealth. The local wisdom approach in the use of natural resources includes the knowledge, practices and expertise possessed by local communities. In Sesaot Village, the community has long developed local wisdom in utilizing the natural resources around them, including in managing forests using a customary system that has existed since their ancestors. By optimizing local wisdom, communities are able to utilize natural resources sustainably while preserving nature through environmentally friendly practices. Utilization of natural resources for village economic development provides many benefits, including increasing income, creating jobs, developing industry, strengthening the local economy, and improving the quality of life of village communities. Political ecology approaches, human welfare ecology, and anthropological perspectives are used to understand and apply local wisdom in environmental management and village economic development

How has FinTech become a solution for minerals management?

Effectively managing natural resources is crucial for ensuring sustainable economic development, a topic that has been widely debated in recent decades. While numerous discussions have focused on the use of technology to optimize the utilization of natural resources, the previous studies have yet to delve into the role of financial technology (FinTech) in minerals management and energy transition concerning the resource curse/blessing hypothesis. To address this research objective, this study valuably adds to the empirical literature by investigating the role of FinTech and energy transition in economic growth to manage minerals. To accomplish this goal, panel data of the top 10 resource-rich economies that range from 1990 to 2022 based on novel panel estimations such as Cross-sectional autoregressive distributive lag (CS-ARDL) and panel Granger non-causality (Juodis et al., 2021) is taken. The outcomes of the study discovered that FinTech is positively influencing GDP in both the long- and short-run. The robust outcomes further reveal that minerals management (coal, oil, minerals, and forests) becomes a part of enriching GDP to confirm the resources blessing theory. The study analysis sets down the practical implications of formulating sustainable economic development policies for stakeholders.

Determinant on Economic Growth in Developing Country: A Special Case Regarding Turkey and Bangladesh

AbstractThis study delves into the complex interplay between gross domestic product (GDP) and key macroeconomic indicators in the contexts of Turkey and Bangladesh. By examining panel data spanning from 1981 to 2020 sourced from the World Bank, we investigate the causal relationships between GDP growth and various factors including population growth, inflation, literacy rate, natural resource utilization, investment, and foreign direct investment (FDI). Our research aims to address critical questions regarding the economic trajectories of these two emerging economies. Specifically, we seek to understand how different macroeconomic variables influence GDP growth in Bangladesh and Turkey, while also exploring the unique socio-economic landscapes of these nations. Methodologically, we employ the Dumitrescu–Hurlin panel causality test to analyze the causal relationships between GDP growth and the aforementioned macroeconomic indicators. Our findings reveal direct, statistically significant associations between GDP growth and these variables, with population growth emerging as a particularly influential factor. The implications of our study extend beyond empirical observations, offering valuable insights for policymakers and stakeholders seeking to foster sustainable economic development in both Bangladesh and Turkey. By identifying the key drivers of GDP growth and their impact on economic performance, our research contributes to the existing body of literature on economic development in emerging economies. In conclusion, this study sheds light on the intricate dynamics of GDP growth in Turkey and Bangladesh, highlighting the importance of understanding and leveraging macroeconomic indicators to promote inclusive and sustainable economic growth in these nations.

Exploring how economic growth, renewable energy, internet usage, and mineral rents influence CO2 emissions: A panel quantile regression analysis for 27 OECD countries

This study aims to investigate the impacts of renewable energy consumption, internet usage, mineral rent, and economic growth on CO2 emissions across 27 OECD nations between 2001 and 2020. We employ a panel quantile regression technique to discover the heterogeneous effects of these variables for the various quantile levels of environmental destruction. The panel quantile regression approach found the Environmental Kuznets curve dominated countries in which CO2 emissions were low. Additionally, the negative relationship between renewable energy consumption and CO2 emissions yielded in the paper suggests the potential benefits of incentivizing and investing in renewable sources. Internet usage demonstrates a negative impact on CO2 emissions, showcasing the role of digital technologies in promoting sustainability. Accordingly, internet use improves environmental quality due to more efficient, sustainable, and eco-friendly practices, which increase productivity. However, a positive association between mineral rents and environmental deterioration emphasizes the necessity of strategic policies to balance economic benefits with environmental preservation. Our study provides policymakers with valuable insights into tailoring effective strategies for sustainable development, renewable energy adoption, digitalization, and natural resource utilization while addressing environmental degradation.

Application of nanotechnology in periodontal therapy: Narrative review

The potential of nanotechnology to improve human health, optimize natural resource utilization, and reduce environmental pollution is remarkable. With the ever-growing advancement in dentistry, one of the breakthroughs is using nanotechnology. Nanotechnology in periodontics has touched every aspect of treatment modality, from non-surgical therapy to implant procedures, including regenerative procedures. Understanding of their mechanism plays a pivotal role in more efficient usage of nanotechnology, better treatment procedures, and eventually better outcomes. In this paper we review the application of nanotechnology in periodontal therapy. We performed the search for papers in Scopus using the key words and phrases as follows: “nanodentistry”; “dentistry and nanotechnology”; “dentistry and nanoparticles”; “dentistry and nanomedicine”; “dentistry and nanorobots”. There were found 530 papers in total. Some papers belonged to two and more categories. It is revealed that the number of papers versus year does not follow any specific pattern, but the cumulative amount of papers versus year is fitted with the exponential regression. There were also selected papers using certain inclusion/exclusion criteria. Only the selected papers were analyzed. Nanomedicine is subjected to intensive studies nowadays. There are some promising results that will likely be implemented into praxis soon in the fields of medical diagnostics and clinical therapeutics. The appearance of nanotechnology can have a considerable impact on treatment of periodontal diseases.

The impact of natural resources rent, renewable energy, and governance on the environmental sustainability—Evidence from resource‐rich countries

AbstractNatural resources are vital in alleviating the effects imposed by human activities on the environment. For this reason, the preservation and wise utilization of natural resources has been emphasized and some laws toward ensuring that natural resources are not wasted have been put in place. However, high rents on natural resources are not sustaining. By following the STIRPAT model, this research seeks to assess the role played by natural resources rent, the rule of law, and renewable energy in alleviating the damage caused to the environment by human activities. The present research furthers the growing body of literature on the topic, which constitutes its primary contribution. To attain this goal, the dataset of the top 10 natural resource‐rich African countries, for the time range 1990 to 2021 is used. The dynamic Cross‐sectional Autoregressive Distributive Lag (CS‐ARDL) which overcomes heterogeneity, cross‐sectional dependence (CD), and dynamics is used in the analysis of the research model. The Augmented Mean Group (AMG) and the dynamic Common Correlated Estimator Mean Group (CCEMG) methods are employed to check the robustness of CS‐ARDL results. The findings illustrate that economic growth, natural resources rent, and energy intensity promote environmental damage, while renewable energy (RE) and the rule of law lessen it. This research advocates for the reduction and stabilization of natural resources rent, extensive use of RE, and improvements in the rule of law to alleviate environmental damage.

Economic strategies for efficient use of natural resources: The impact of carbon taxation and fiscal policy

This study examines the efficacy of fiscal policies and carbon taxation as mechanisms to promote the efficient utilization of natural resources within the BRICS economies, against the backdrop of environmental sustainability challenges. Analyzing data from 1995 to 2018, the study incorporates Augmented Mean Group (AMG) and Common Correlated Effects Mean Group (CCEMG), to provide robust empirical evidence. These methodologies adeptly address unobserved heterogeneity across cross-sections, offering insightful analyses into the impact of fiscal tools and carbon taxes. By leveraging a comprehensive dataset and engaging in a detailed policy analysis, the paper highlights the pivotal role of these economic instruments in mitigating environmental externalities associated with resource-intensive industries. Furthermore, it delineates how fiscal interventions complement market-based incentives like carbon taxes to enhance resource efficiency and curtail greenhouse gas emissions. We contribute valuable insights to the discourse on policy development and sustainable resource management within the BRICS economies.