A Conceptual Framework of Climate Action Needs of the Least Developed Party Countries of the Paris Agreement

The Impact of Economic Corridor and Tourism on Local Community's Quality of Life under One Belt One Road Context

Economic corridors unlock new economic opportunities and tourism development in the region to achieve sustainable development goals. Green economic growth is conducive to environmental sustainability. Economic mega-projects of CPEC promote tourism that leads to communities' well-being and better quality of life. Modern infrastructure development contributes significantly to economic growth and tourism activities. This study's objectives emphasize exploring tourism and sustainable development pursuits under OBOR economic projects that open doors to improving residents' quality of life. The growing world is an eyewitness to a continuous rise in emissions and its severe consequences for humankind. It is necessary to show off the leading factors that result in tourism and economic activities causing environmental pollution rather than blame policymakers. Undoubtedly, many studies previously focused on demonstrating the influence of socio-economic factors that lead to better environmental quality. However, the empirical literature on tourism, social well-being, foreign direct investment, and the Environment in Belt and Road developed economies needed improvement. This research applied a series of advanced estimators that help demonstrate the study's probable results. This study explores the role of Social well-being (HDI), tourism development, FDI, renewable energy, information & communication technology (ICT), and urbanization on CO2 emissions in Belt and Road (BRI) developed economies.Estimated results exhibited the significant contribution of ICT and renewable energy to sustainability. Besides, FDI contributes to emissions reduction after its threshold level. Conversely, urbanization and tourism activities contribute to environmental pollution. The study outcomes stated inverted/EKC U-shaped hypotheses related to specified economies. Finally, the analysis based on the D-H panel causality test constructs exciting results.The present study concludes that economic corridor plays a vital role in tourism development, the community's well-being, and SDGs goals (sustainable development) impact on environmental safety. The findings suggest essential and applicable policies to attain the desired sustainability level. Findings contribute to the literature on tourism, well-being, and sustainability. Further studies can use insights using this methodology.

The influence of climate change, green innovation, and aspects of green dynamic capabilities as an approach to achieving sustainable development

Green dynamic capability is acquiring significant traction among academics, practitioners, and policymakers; however, its relationship to green innovation, climate change, and sustainable development remains unclear. This study aims to identify green innovation within the context of developing nations to cover this void. Utilizing dynamic capability and stakeholder theory, this research illuminated the significance of green dynamic capability for sustainable development. Using a two-wave research methodology, the sample for this study was comprised of organizations from the Pakistani public sector. This investigation compiled data from 342 top and middle-level employees from the ministry of climate change, the ministry of agriculture, and the capital development authority (CDA). Using SEM SMART-PLS-path modeling to test hypotheses and investigate the model's causal links. Green innovation mediates the positive relationship between green dynamic capabilities and sustainable development, as indicated by the findings. However, neither green dynamic capabilities nor the relationship between green innovation and sustainable development is moderated by climate change. The findings of the study suggest strategies for government organizations to use green innovation in environmental literature. In addition, organizations will collaborate to develop strategies to combat climate change.

Nexus of renewable energy, green financing, and sustainable development goals: an empirical investigation

Achieving the sustainable development goals (SDG) agenda, proposed by the United Nations by 2030, has become the main concern around the globe. The continuing ecological crises and energy sustainability issues can only be dealt with using sustainable solutions such as green finance. Green finance has become a pioneer in economic green transformation resulting in the collective development of both the economy and the environment. Therefore, this study aims to examine the influence of green finance on the achievement of the five major sustainable development goals in the context of the economy of Pakistan. The renewable energy scheme proposed by the State Bank of Pakistan in 2016 serves as a basis for this study. We innovate our research by studying the impact of green finance on five SDGs simultaneously. The association between the variables is checked using random effect modeling. The findings reveal that green finance supports SDG 3, 12, and 13 while having little effect on SDG 1 and SDG 2. Moreover, green finance is a suitable reform for the sustainable development of the economy and the environment. The study has robust policy implications for Pakistan.

Land-use and food security in energy transition: Role of food supply

Food security in a just energy transition is a growing debate about designing sustainable food secure networks worldwide. Energy transition, land-use change, and food security are crucial factors for food security and provision. The increased demand for food products and customer preferences regarding food safety provide various issues for the current agriculture food supply chain (AFSC). Along with rising sustainability concerns, strict government regulation, food security, and traceability concerns compel managers, business houses, and practitioners working in AFSC to adopt new tools, techniques, and methodologies to model current food supply chain problems. Thus, in turn, design the food logistics network for food security. Hence, this study investigates the core determinants of food security and supply in Egypt, Morocco, Tunisia, and Lebanon over the period of 2010–2019. In order to estimate the objectives of the study, we employ the fully modified ordinary least square (FMOLS) and dynamic ordinary least squares estimators (DOLS) to draw the study findings. However, the estimated results show a negative association of land use with food security and supply. Likewise, energy transition, gross domestic product, and agricultural value added (AVA) contribute to the food security supply. In contrast, urbanization's negative but insignificant contribution to the food supply in selected economies exists. Besides, another core objective of the study is to investigate the moderate role of the energy transition on the gross domestic product, agriculture sector, and land use and find the significant contribution to the food supply. However, the current study also tries forecasting for the next 10 years and employs the impulse response function (IRF) and variance decomposition analysis (VDA). Congruently, this study uses the pairwise panel causality test and finds exciting outcomes. The COVID-19 crisis has posed challenges such as energy consumption and food security issues. On behalf of the results, the current study proposes imperative policies to investigate the desired level of food supply. The findings provide valuable insights for experts, policymakers, and officials to take practical measures for energy use and food security challenges.

Financial Institutional and Market Deepening, and Environmental Quality Nexus: A Case Study in G-11 Economies Using CS-ARDL

This study presents a new insight into the dynamic relationship between financial institutional deepening (FID), financial deepening, financial market deepening (FMD), foreign direct investment (FDI), economic growth (GDP), population, and carbon dioxide emissions (CO₂e) in the G-11 economies by employing a cross-sectionally augmented autoregressive distributed lag (CS-ARDL) approach during 1990-2019. The outcomes from the CS-ARDL and dynamic common correlated effects mean group (DCCEMG) models shows that financial deepening, GDP, FDI, and population degraded environmental quality both in the short run and the long run. Contrary to this, FID and FMD improves environmental quality in these countries. The government should work to maximize financial institutions (access, depth, efficiency) and financial markets (access, depth, efficiency) to reduce the CO₂e. A strong positive and in-phase correlation of CO₂e with economic growth and population is observed for G-11 countries. These results suggest policy makers should further improve financial institutions by creating opportunities for their populations. Moreover, the governments of G-11 countries should revise their foreign direct investment policies and attention should be given to import efficient means of energy production.