Stringent Policies Research Articles

Investigating the role of biomass energy consumption and forest products trade on the forest footprint in Finland: an environmental Kuznets curve analysis

AbstractForests are essential in mitigating climate change by absorbing carbon dioxide and maintaining ecosystems, mainly through preserving biodiversity. For this reason, the sustainability of forests is essential for human life. This paper examines the role of biomass energy consumption, forest product trade, and economic growth on Finland’s forest footprint from 1970 to 2018. By employing Fourier-based unit root and cointegration tests, we confirm the Environmental Kuznets Curve (EKC) hypothesis, demonstrating a long-term relationship in which economic growth first raises, then reduces the forest footprint. Biomass energy consumption and forest products trade show an insignificant long-term effect on the forest footprint. We found unidirectional causality from the forest footprint to biomass energy consumption and economic growth. This research fills a gap by focusing on the under-researched forest footprint within the EKC framework, particularly in Finland’s context of stringent forestry policies. Our findings emphasize the need for interdisciplinary collaboration to enhance environmental policy and sustainability practices. We further contribute to the broader literature on sustainable forest management and offer actionable policy recommendations for enhancing Finland’s environmental strategies.

Anokha emerging: The Asian Underground, new ethnicities, and diversity conservatism

This article tracks the relationship between Britain’s ‘Asian Underground’ music scene and reconfigurations of Britishness in the mid- to late-1990s, through to the more contemporary tightening of border regimes and draconian policies around immigration in the United Kingdom. It examines the role that a small, British-Asian weekly London club night, Anokha, played in the precipitation of an ‘emergent structure of feeling’ that would ultimately shift national conversations about what Britishness signified at the turn of the last millennium. The article places British-Asian club and music aesthetics in a broader terrain of avant-garde cultural production and representational politics that helped to incorporate Britain’s second generation of South Asians inside the national narrative and polity. The article goes on to speculate on the role this proliferation has played in facilitating forms of political closure with respect to migration, race and bordering that have emerged from a generation of conservative British South Asian (and second-generation immigrant) politicians enabled by these forms of incorporation.

Global spillovers of US climate policy risk: Evidence from EU carbon emissions futures

International climate policy risk spillovers occur when expected changes to climate policy stringency in one country affect expected climate policy stringency in another country. We develop an event study procedure to identify such spillovers in emissions trading systems, specifically examining the impact from the United States (US) to the European Union (EU). Distinguishing between policy events likely to reduce US commitment to climate action (‘brown events’) and those likely to increase it (‘green events’), we find that the average brown US policy event is associated with an anticipated increase in future EU carbon permit supply, leading to a cumulative 7.1% drop in EU carbon prices over the event window. Conversely, green US policy events are linked to an expected decrease in future EU permit supply, resulting in a cumulative 4.7% rise in EU carbon prices. These findings suggest that financial markets anticipate EU regulators to align with the direction of US climate policy. Our results underscore the significance of regulatory risk spillovers in global climate policy coordination.

Groundwater geochemistry using modified integrated water quality index (IWQI) and health indices with special emphasis on nitrates and heavy metals in southern parts of Tirupati, South India.

Groundwater is particularly vulnerable to pollution in places with a high population density and extensive human usage of the land, especially in southern parts of Tirupati, India. To assess this, 60 bore-well samples were obtained and assessed for physical specifications, ion chemistry, and heavy metals during the pre- and post-monsoon seasons 2022. The current investigation employed a modified integrated water quality index (IWQI), conventional graphical and human health risk assessment (HHRA) of nitrates and heavy metals to know the groundwater chemistry and its detrimental health effects on humans. The major ions were analyzed using American public health association (APHA)standards, whereas heavy metals were analyzed using inductively coupled plasma optical emission spectrometry(ICP-OES). Additionally, pH Redox Equilibrium and C (PHREEQC),a geochemical model written in C programming language was employed to determine the saturation indices of mineral facies and ArcGIS 10.3.1 was used for spatial distribution patterns of IWQI. Then, the HHRA of nitrates and heavy metals was performed using United States environmental protection agency (USEPA)guidelines. The noteworthy outcomes include elevated levels of Ca2+, Mg2+, Cl-, NO3-, Cu,Fe, Mn, and Pb, demonstrating rock-water interaction, silicate weathering, Ca-Mg-HCO3 followed by mixed water facies, dissolution/precipitation, reverse exchange, and anthropogenic contamination are the major controlling processes in groundwater of southern Tirupati, India. The modified IWQI reveals that most groundwater samples (38%) fall under the bad quality class, with (47%) in the poor quality class and only (15%) classified as medium qualityclass in pre- and post-monsoon seasons. Elevated IWQI were observed in all directions except in the east, which is suitable for drinking. Moreover, the major hazard quotient (HQ) and hazard index (HI)for nitrates (NO3-) and heavy metals like copper(Cu), iron (Fe), manganese (Mn), lead (Pb) and zinc (Zn) are above the critical value of 1, revealing potential risk to humans, especially infants, followed by children and adults, entailing the instantaneous implementation of proper remedial measures and stringent policies to reduce the risk associated with groundwater pollution in the southern parts of Tirupati.

The tsarist policy of russification of education and the “unfavorable realities” in Bessarabia (second half of the 19th century)

The article reveals the process of radical transformation of the education system in Bessarabia in the second half of the nineteenth century, as a result of the tightening of the national policy of the Russian Empire and the intensification of the national-cultural Russification of the non-Russian peoples, the attempts of the Czarist authorities to modernize and homogenize the multinational Russian Empire, according to the model of European states. The author highlights two stages of the policy of Russification of education in Bessarabia. The first stage – years 1866-1872 – is characterized by the undermining of Romanian and mixed parochial primary schools (Romanian-Russian), the prohibition of teaching Romanian language at the regional gymnasium, theological seminary, county schools, etc, by creating a Russian primary and secondary education system in Bessarabia. The second stage – years 1873-1900 – is characterized by the attempt to radically transform the linguistic and cultural realities of the Bessarabian villages, causing the exponential growth of the number of Russian schools in rural areas, mass learning of the Russian language by the Romanian peasants in Bessarabia, the imposition of the Russian language not only in state institutions, but also in the privacy of families. The discussions in this regard within the Committee of Ministers of the Russian Empire highlighted the following dilemma: either the application of force to boost the policy of Russification, or the continuation of the policy of gradual Russification.Understanding the impasse that the Russian Empire would have entered, the authorities finally decided to achieve the goals of the policy of russification of the Romanians in Bessarabia, not through repressive methods, but „gradually and without violence”.

Exploring the Nexus of technology, environmental policy stringency, and political globalization: Pathways to achieving sustainability

This study examines the effects of technology patents, environmental policy stringency, and political globalization on green energy markets and energy transitions in 18 OECD countries from 1990 to 2022. Two models—one focusing on renewable energy and the other on non-renewable energy—were analyzed using Method of Moments Quantile Regression (MMQR), which accounts for outliers and nonlinear relationships. The results demonstrate that technological advancement and stringent environmental policies promote the adoption of renewable energy. Additionally, political globalization shows a positive correlation with green energy while negatively impacting fossil fuel use. The study offers policy recommendations for advancing green energy transitions aligned with the net-zero carbon agenda.

Achieving environmental quality through stringent environmental policies: Comparative evidence from G7 countries by multiple environmental indicators

Compatible with the increasing public interest on climate change, countries have taken measures to combat climate change and support environmental sustainability. Considering this fact, this study investigates whether environmental measures, proxied by the environmental policy stringency (EPS) index, are efficient in achieving sustainability of environment in G7 countries as the leading economies; uses multiple environmental sustainability indicators, and applies quantile methods from 1991/Q1 to through 2020/Q4. The results show that (i) EPS curbs carbon dioxide emissions in France and the United States across all quantiles. Also, it has a declining effect in Germany and Italy at lower quantiles and in Canada at lower and higher quantiles; (ii) EPS declines ecological footprint in United States across all quantiles, while it curbs in Canada and Germany at lower quantiles as well as in Italy and United Kingdom at higher quantiles; (iii) EPS stimulates load capacity factor in France, United Kingdom, and United States across all quantiles and in Canada at higher quantiles; (iv) causal effect of EPS on the environment varies throughout quantiles; (v) the robustness of the results by quantile regression method is verified. Overall, the results reveal that the effect of EPS on environmental sustainability differentiates across environmental indicators, countries, and quantiles. In ensuring environmental quality, EPS is completely helpful in the United States, fully inefficient in Japan, and has a mixed effect in remaining G7 countries.

Разноуровневые стратегии развития: арктический нефтегазовый вектор

The balanced development of the hydrocarbon potential in the Arctic is currently a strategic priority for Russia. Given the present conditions of the global energy sector, alongside new geopolitical challenges and trends towards low-carbon and ecologically balanced development, there is a need for a system of coordinated strategies across the industry, regional, and corporate levels. To effectively develop Arctic oil and gas resources, it is necessary to ensure technological sovereignty, which involves equipping oil and gas companies with domestically produced equipment and software. Strategies should also focus on the development of industries that produce high value-added products, particularly in the petrochemical sector. Public administrators and corporate managers responsible for key decisions must have a clear, long-term vision for the development of the Arctic oil and gas sector and employ established methodological approaches in strategy design. The goal of this study is to substantiate the specific characteristics of multilevel strategies and assess the feasibility of using a matrix approach when designing strategic alternatives relevant to the current economic environment. The research methodology is based on the approaches, methods, and tools of strategic management and planning, with a particular focus on methods for designing strategic alternatives. The novelty of the research lies in the development of a system of criteria for comparing strategies and their target priorities at the industry, regional, and corporate levels. The study identifies current trends and challenges arising from the energy transition, stringent sanctions policies, and growing technological capabilities. It proposes an approach to designing alternative strategies of related and unrelated diversification for oil and gas companies. Developing a holistic concept of coordinated industry and corporate strategies is identified as a promising area for further research.

Exploring public attention in the circular economy through topic modelling with twin hyperparameter optimisation

To advance the circular economy (CE), it is crucial to gain insights into the evolution of public attention, cognitive pathways of the masses concerning circular products, and to identify primary concerns. To achieve this, we collected data from diverse platforms, including Twitter, Reddit, and The Guardian, and utilised three topic models to analyse the data. Given the performance of topic modelling may vary depending on hyperparameter settings, this research proposed a novel framework that integrates twin (single and multi-objective) hyperparameter optimisation for the CE. We conducted systematic experiments to ensure that topic models are set with appropriate hyperparameters under different constraints, providing valuable insights into the correlations between CE and public attention. In summary, our optimised model reveals that public remains concerned about the economic impacts of sustainability and circular practices, particularly regarding recyclable materials and environmentally sustainable technologies. The analysis shows that the CE has attracted significant attention on The Guardian, especially in topics related to sustainable development and environmental protection technologies, while discussions are comparatively less active on Twitter. These insights highlight the need for policymakers to implement targeted education programs, create incentives for businesses to adopt CE principles, and enforce more stringent waste management policies alongside improved recycling processes.

From public policy towards the green energy transition: Do economic freedom, economic globalization, environmental policy stringency, and material productivity matter?

The green energy transition is essential to addressing climate change and ensuring sustainable development, yet it faces numerous challenges related to securing financing, implementing effective public policies, and improving material efficiency. This study aims to elucidate the complex interaction of these factors by investigating the impact of economic freedom, economic globalization, environmental policy stringency, and material productivity on the green energy transition in OECD countries for the period 1995-2020. Despite widespread theoretical discussion, the effects of these factors, which act as drivers for each other, have been neglected. The study contributes to Sustainable Development Goals 7, 8, 9, and 12 by focusing on affordable and clean energy, decent work and economic growth, industry innovation, and responsible consumption and production. Using the Westerlund and Edgerton cointegration approach, the study finds a long-run relationship between these variables. The long-run estimators, RCCE and AMG, are used to assess the magnitude of this relationship. The results show that increased economic freedom positively affects the green energy transition in the Republic of Korea. In contrast, economic globalization is negatively impacting the transition in Spain, Italy, and Portugal. Stricter environmental policies are encouraging green energy adoption in Slovenia and Korea. Material productivity is supporting the green energy transition in both the OECD panel and in individual countries such as the Czech Republic, Spain, and Hungary. The study recommends policy measures to encourage green energy adoption, including establishing industrial standards for recycling, increasing material productivity, and strengthening renewable energy-based production processes. While environmental policies have proven effective in some countries, the overall framework across OECD countries is inadequate. Policymakers are called upon to critically review and improve current policies by balancing the implementation of disincentives that increase costs for polluting activities with subsidies that reduce the financial burden of the green energy transition. The study emphasizes the need for a balanced approach to regulation. Excessive regulation or excessively pro-market policies can hinder the green energy transition. It is therefore important for policymakers to find a middle ground that promotes environmental sustainability while promoting economic freedom.

Decomposing Supply‐ and Demand‐Driven Inflation

AbstractThe extent to which either supply or demand factors drive inflation has important implications for economic policy. I propose a framework to decompose inflation into supply‐ and demand‐driven components. I generate two new data series that quantify the degree to which either demand or supply is driving inflation in a current month. The demand‐driven contribution tends to decline during recessions, while the supply‐driven contribution tends to follow food and energy prices. Monetary policy tightening acts to reduce the demand‐driven contribution of inflation. Oil‐supply shocks act to increase the supply‐driven contribution, but decrease the demand‐driven contribution of inflation.

Life cycle assessment of photovoltaic panels including transportation and two end-of-life scenarios: Shaping a sustainable future for renewable energy

This research study addresses the growing environmental concerns associated with solar photovoltaic (PV) systems which is a pivotal component of renewable energy transition. The primary objective is to advance the comprehension of the environmental sustainability of solar PV technology, with a specific focus on the context of Mexico. This study applies a life cycle assessment (LCA) framework, employing an up-to-date methodology (ReCiPe 2016) and database (Ecoinvent 3.8) for midpoint and endpoint indicators in this problem by considering a specific focus on end-of-life and transportation scenarios which have been absent in the current state-of-the-art research. An LCA approach bridges the gap between midpoint and end-point indicators, bringing transparency to the environmental impact assessment. This research entails a cradle-to-grave LCA of a 1 kW crystalline silicon solar panel over a 25-year lifespan while adapting to ISO 14044 standards for LCA and encompassing both midpoint and end-point indicators, specifically including end-of-life and transportation scenario. Furthermore, a sensitivity analysis is conducted to evaluate the variations in environmental indicators considering the life-cycle data. It is reported that recycling processes can cause a substantial mitigating effect on environmental impacts across multiple categories, leading to reductions of up to 89 % in mineral resource scarcity. Notably, the cell processing phase emerges as the most environmentally impactful stage, accounting for 37 % of the total impact. This high impact is predominantly attributed to silver usage and heightened electricity consumption. The sensitivity analysis revealed that various performance indicators exhibited differing degrees of sensitivity to uncertainty in the design variables, highlighting the importance of careful consideration, particularly in addressing theimpact on theecosystem, when aiming to reduce environmental impacts in the life cycle of silicon solar panels. Our results have also indicated that transportation significantly impacts resource protection, accounting for 15 % of the total impacts in this category, with lesser yet notable contributions to ecosystems and human health. The implications of this work suggest a need for stringent policies to fabricate complete solar photovoltaic modules in Mexico to reduce the environmental burden caused by transportation. Additionally, the insights from this study offer a gateway for the Mexican government to reform current energy transition policies by including multiple recycling scenarios for solar photovoltaic systems, ultimately leading to sustainable growth in this market.

Influence of Expected Loan Loss on Operational Performance of Commercial Banks in Kenya

Purpose: The main objective of this study was to examine influence of credit risk stress testing on operational performance of commercial Kenya. The theoretical framework was based on credit risk theory. Methodology/Approach: The study used all commercial banks which are 42 it total. The adopted mixed research comprising of causal and longitudinal research designs. The study used secondary data from operational statements of banks. Descriptive applied involved skewness, kurtosis, mean and standard deviation. Multiple regression analysis was also applied. Data was presented using tables. Findings: The results revealed that expected loan loss lead to performance of commercial Banks as shown by a positive and significant coefficient of in the regression model in a fixed effect model. Implications: The study suggested that operational institutions implement a stringent policy that escalates the loss in the event of default, thereby restricting loan approvals to clients who can guarantee they will repay the loan in full.

Reform of Article 46 Paragraph (3) Letter C of the Broadcasting Law Regarding the Phrase "Prohibition of Advertisements Demonstrating the Form of Cigarettes": Comparative Study With Singapore

<em>This study has been motivated by the weaknesses in the formulation of the Article 46 Paragraph (3) Letter c of Broadcasting Law No. 32 of 2002, which bans only those cigarette ads showing the shapes of cigarettes and leaves room for the tobacco industry to practice indirect advertisement. The focus of this research is to assess the enforcement of limitations on cigarette promotion in broadcasting law and to explore the legal modification of c of Broadcasting Law Article 46 paragraph 3. The method of the study is a normative juridical approach and comparative law method. The findings reveal that current laws in Indonesia have been ineffective in controlling the increase of the smoking population, among the youth in particular, due to a number of issues that the tobacco industry exploits. In contrast, smoking problems are much less prevalent in Singapore which has imposed more stringent policies. Most importantly, the research also discusses that ineffective regulation in Indonesia results from poor enforcement and light punishments offered for violations of the law. Therefore,there is need for restructuring section Article 46 Paragraph (3) Letter c of the Broadcasting Law, by promoting a bitter pill approach towards cigarette advertising, in addition to the current ineffectual position interrogated, to enhance public health.</em>

US monetary policy and business cycles in developing countries

The article examines modeling the impact of news shocks of US monetary policy on developing countries. The study analyzes the transmission mechanism of the Federal Reserve's interest rate news shock. The authors argue that the volatility of macroeconomic indicators in emerging economies can be explained by changes in monetary policy in other countries, and highlight the main channels of influence: financial sector indicators and trade indicators. In this paper the authors first use the LSDV-estimator of the panel vector autoregression and identify unexpected and news shocks. To achieve this goal, quarterly data was collected from the first quarter of 1998 to the third quarter of 2017 for Russia, along with data starting from the first quarter of 1995 for several developing countries. The results obtained indicate that the expected tightening of US monetary policy leads to a decrease in output, investment, and weakening of exchange rate in Russia. The monetary news regarding an increase in the US Federal Reserve's interest rate in two quarters also results in a short-term increase in trade balance and interest rates. News about future economic developments affects macroeconomic indicators up to two quarters before the implementation of monetary policy changes. Additionally, the news shock accounts for up to 11% of the variation in macroeconomic indicators in Russia. Accordingly, the monetary policy news shock is found to be as significant as an unexpected shock. The paper concludes with the analysis of the role played by various financial and trade channels.

Digitalization and Automation and AI: A Theoretical Framework of rethinking the Pollution Haven Hypothesis

This theoretical paper investigates the impact of digitalization, automation, and artificial intelligence (AI) on environmental regulations, specifically through the lens of the Pollution Haven Hypothesis (PHH). It explores how these advancements influence pollution intensity and environmental compliance costs, challenging the traditional understanding of the PHH. Methodology. The study employs a Cobb-Douglas production function to model the relationship between technological innovations and environmental regulations. By integrating digitalization, automation, and AI into the model, the paper examines how these factors affect the economic incentives for firms to relocate to regions with lenient environmental standards. Findings. The analysis reveals that advancements in digitalization and automation reduce pollution intensity and lower the costs of complying with strict environmental standards. As a result, the economic incentive to relocate to pollution havens diminishes. In an open economy, the combination of stringent environmental policies and technological innovations leads to reduced pollution levels and a shift toward cleaner production processes. Practical Implication. The findings suggest that integrating technological innovations into environmental policy can make adherence to stricter regulations more economically viable, thereby weakening the appeal of pollution havens. This has significant implications for global sustainability efforts, as it highlights the potential for technology to support more effective and equitable environmental regulations. Originality. This study introduces a novel perspective by directly linking technological innovations to shifts in capital allocation and the efficacy of environmental policies. It offers a fresh understanding of the PHH in the context of modern advancements, providing new understanding into the relationship between innovation and environmental regulation.

Do the Energy-Related Uncertainties Stimulate Renewable Energy Demand in Developed Economies? Fresh Evidence from the Role of Environmental Policy Stringency and Global Economic Policy Uncertainty

Despite earlier research on green energy, there is still a significant gap in understanding how energy-related uncertainties affect renewable energy consumption (REN), especially in developed nations. Thus, this study explicitly looks into how the energy-related uncertainty index (EUI) can promote (or diminish) REN in sixteen wealthy nations between 2000 and 2020. Furthermore, we attempt to specify the factors of REN and explore whether environmental policy stringency (EPS) and global economic policy uncertainty (GEPU) could help moderate (or intensify) the EUI-REN nexus. To achieve this, we employ different panel data methods. The results underscore that the EUI significantly impacts REN, denoting that higher uncertainties related to energy markets lead to promoting REN. Additionally, the (EUI × EPS) underlines that EPS has a favorable role in increasing the positive effect of the EUI on REN in sample developed countries while (EUI × GEPU) has a detrimental effect. Remarkably, the findings underline that the effect of the EUI on REN is more positive in high EPS countries and that the positive effect of the EUI is more moderate when GEPU is high. The findings also underscore that the development of the financial market, FDI, personal remittances, and EPS positively stimulate REN whereas CO2, total natural resources rents, economic activity, and GEPU have a detrimental impact. The results are robust, and authorities and policymakers are advised to implement a wide range of policy proposals to accomplish sustainable development goals (SDGs) 7 and 13.

Pricing strategies in the Silicon Valley housing market: an update on TOM and recent events

Purpose This study aims to explore the relationship between house prices and time-on-market (TOM) in Silicon Valley. Previous findings have been inconclusive due to variations in property characteristics. This paper highlights the discrepancy between listing and selling prices and identifies differences among housing types such as condominiums, detached houses and townhouses based on housing orientations and customer groups. Additionally, this study considers the impact of the COVID-19 pandemic and the Fed’s interest rate policies on the housing market. Design/methodology/approach The authors analyze 63,853 transactions from the Bay East Board of Realtors’ Multiple Listing Service during 2018 to 2022. The study uses a multiple-stage methodology, including a nonlinear hedonic pricing model, search theory and two-stage least squares method to address concerns relating to endogeneity. Findings The Silicon Valley housing market shows resilience, with low-end properties giving buyers more bargaining power without significant price drops. High-end properties, on the other hand, attract more attention over time, leading to aggressive bidding and higher final sale prices. The pandemic, despite reducing housing supply, did not dampen demand, leading to price surges. Post-COVID, price correlations with TOM changed, indicating a more cautious buyer approach toward high premiums. The Fed’s stringent monetary policies post-2022 intensified these effects, with longer listing times leading to greater price disparities due to financial pressures on buyers and shifting dynamics in buyer interest. Practical implications Results reveal a nonlinear positive correlation between TOM and the price formation process, indicating that the longer a listed property is on the market, the greater the price changes. For low-end properties, TOM becomes significantly negative, while for high-end properties, the coefficient becomes significantly positive, with effects and magnitudes varying by type of dwelling. Moreover, external environmental factors, especially those leading to financial strain, can significantly impact the housing market. Originality/value The experience of Silicon Valley is valuable for cities using it as a development model. The demand for talent in the tech industry will stimulate the housing market, especially as the housing supply will not improve in the short term. It is important for government entities to plan for this proactively.

Response of renewable energy minerals to energy policy and technological advancement: An assessment of the Russian energy crisis

The world is turning to renewable energy sources to combat environmental degradation. This is part of Sustainable Development Goal (SDG)-7, which envisions affordable and clean energy. However, achieving the SDG-7 targets and spreading clean energy requires extracting and utilizing various minerals. Russia is one of the leading countries in the world in terms of cobalt, graphite, and rare elements used for renewable energy production. Russia must increase the production of minerals for renewable energy production to achieve SDG-7. In this context, the study aims to investigate the impact of energy policy uncertainty (ENPU), environmental policy stringency (EPS), environmental patents (ETEC), and information and communication technologies (ICT) on renewable energy minerals in Russia. To this end, the study uses novel multivariate quantile-on-quantile regression (M-QQR) and cross-quantilogram (CQ) approaches for the period from 2002m9–2020m12. The M-QQR results show that EPS, ICT, and ETEC increase the extraction of renewable energy minerals, while ENPU inhibits the extraction of cobalt, graphite, and rare elements. The main results indicate that technological progress supports the extraction of renewable energy minerals in Russia and that a strict environmental fiscal policy contributes to the achievement of SDG-7. Based on the findings, Russia needs to support technological progress in the ecological field, implement strict environmental policies, and reduce uncertainties related to energy policies to extract renewable energy minerals and advance the achievement of SDG-7.

Does fintech really matter for energy, economy and environment? From the lenses of SDG-7, SDG-8, SDG-13, COP27 and COP28

This study investigates the impact of fintech on economic development, energy transition and environmental well-being in OECD nations from 2005 to 2018 by utilizing MM-QR and CS-ARDL methods. Results reveal the different degree of positive impact of fintech on the said variables. In this regard, fintech plays a key role in planning, development and management of financial institutions and enhancing economic growth and development in the region across all the quantiles. Moreover, energy transition and green energy management get influence positively through technological involvement in the financial system. Lastly, the relationship between fintech and environment is moderately positive in the beginning and gets stronger in higher quantiles. Fintech facilitates environmental policy stringency, green finance and channelization of various financial sources towards environment well-being. It also effectively integrates economy, energy and environment towards attainment of sustainable development goal-7 (ensure affordable and clean energy), goal-8 (economic growth and development) and goal −13 (Climate challenges, concerns and action) and objectives of COP27 and 28. In light with the findings, several policy implications are suggested.