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Ali S, Yan Q, Irfan M, Hussain MS, Arshad M. Evaluating the environmental impact and economic practicability of solar home lighting systems: a roadmap towards clean energy for ecological sustainability. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:77668-77688. [PMID: 37261690 DOI: 10.1007/s11356-023-27928-9] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 03/16/2023] [Accepted: 05/22/2023] [Indexed: 06/02/2023]
Abstract
The vitality contribution is a vital cause for defensible monetary improvement and collective success by eradicating poverty. Adopting the solar home lighting system (SHLS) is advantageous not only in social lifestyles but also improves the health of family members and increases home-based small businesses activities due to the inexpensive and continuous supply of energy. The main aims of the study are to scrutinize the most substantial barriers to adopting SHLS in Pakistan. A comprehensive, structured questionnaire appraisal was conducted for sample size with the help of non-probability sampling (purposive sampling), and primary data was collected. The designated hypotheses were evaluated using partial least square structural equation modeling (PLS-SEM). In the present study, we validate the model using a sample of 271 adopters of SHLS contributed as respondents. The results disclose that entire autonomous variables expressively and positively correlated with adopting SHLS dipping energy disasters and improving home-based small business activities. Correspondingly, social media-based awareness of SHLS significantly moderates and positively affects the selected factors in this study. Empirical results indicate that prudently eradicating maintenance barriers with experienced professionals, subsidy in prices from the government, quality base satisfaction of owners, and social media-based awareness are the primary tools to adopt SHLS. Additionally, the outcomes offer valuable suggestions to the competent authorities that introduce encouragement and maintenance policy for adopting SHLS.
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Affiliation(s)
- Shahid Ali
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
| | - Qingyou Yan
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
- Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Beijing, 102206, China
| | - Muhammad Irfan
- School of Economics, Beijing Technology and Business University, Beijing, 100048, China.
- Department of Business Administration, ILMA University, Karachi, 75190, Pakistan.
| | - Muhammad Sajjad Hussain
- Department of Management Sciences, Superior University Sargodha Campus, Sargodha, 40100, Pakistan
| | - Muhammad Arshad
- Department of Basic Science, University of Veterinary and Animal Sciences Lahore (Jhang-Campus), Lahore, Pakistan
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Ali S, Yan Q, Sun H, Irfan M. Sustainable green revolution through the development of solar power projects in Pakistan: a techno-economic analysis. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:80123-80143. [PMID: 37291352 DOI: 10.1007/s11356-023-28117-4] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/09/2023] [Accepted: 06/01/2023] [Indexed: 06/10/2023]
Abstract
Energy is essential to a recent way of life that needs to be addressed in economic and environmentally supportable improvement negotiations. The economic output of solar energy development has become the primary concern, particularly in emerging nations like Pakistan. The present research estimates a techno-economic analysis and sustainable green revolution by improving this country's solar energy projects (SEP). The study observes the moderating role of top management and risk factors of the procedures between financial management procedures and the economic output of SEP. A comprehensive opinion poll assessment accomplishes the investigation on facts from 61 respondents (finance executives, financial managers, shareholders, and owner investors). Partly least squares structural equation modeling (PLS-SEM) evaluates the hypotheses. The findings indicate that a techno-economic analysis and green revolution favor the ecological improvement of solar energy installations. The cash-flow analysis significantly contributes to the SEP's improved economic output. In addition, the results reveal that the role of top management and risk factors suggestively moderate the relationship between financial management procedures and the economic output of SEP. These outcomes give policymakers, competent authorities, and regulators an excellent guide to upsurge cleaner fabrication and ecological improvement of SEP.
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Affiliation(s)
- Shahid Ali
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
| | - Qingyou Yan
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
- Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Beijing, 102206, China
| | - Huaping Sun
- School of Finance and Economics, Jiangsu University, 212013, Zhenjiang, People's Republic of China
- School of Economics and Management, University of Science and Technology Beijing, 100083, Beijing, China
| | - Muhammad Irfan
- School of Economics, Beijing Technology and Business University, Beijing, 100048, China.
- Department of Business Administration, ILMA University, Karachi, 75190, Pakistan.
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Ali S, Yan Q, Dilanchiev A, Irfan M, Balabeyova N. Economic development, social media awareness, and technological innovation in biogas sector under climate change in the post-COVID-19 pandemic conditions. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL 2023; 30:79960-79979. [PMID: 37289390 PMCID: PMC10248343 DOI: 10.1007/s11356-023-27965-4] [Citation(s) in RCA: 2] [Impact Index Per Article: 2.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 02/28/2023] [Accepted: 05/24/2023] [Indexed: 06/09/2023]
Abstract
After COVID-19, financing for emerging nation reserves in renewable energy bases was deemed a crucial aspect of sustainable development. Investing in biogas energy plants can be highly beneficial for lowering the use of fossil fuels. Using a survey of shareholders, investors, biogas energy professionals, and active social media participants in Pakistan, this study evaluates the intentions of individual investors to invest in biogas energy plants. The primary purpose of this study is to increase investment intent for biogas energy projects following COVID-19. This study focuses on financing biogas energy plants in the post-COVID-19 era and evaluates the research's assumptions using partial least squares structural equation modeling (PLS-SEM). The study employed the technique of purposive sampling to acquire data for this investigation. The results indicate that attitudes, perceived biogas energy benefits, perceived investment attitudes, and supervisory structure evaluations inspire one's propensity to finance biogas vitality plant efforts. The study found a link between eco-friendly responsiveness, monetary benefits, and investors' actions. The aspiration of investors to mark such reserves was set up to be unpretentious by their risk aversion. Conferring to the facts, evaluating the monitoring structure is the critical factor. The previous studies on investment behavior and other forms of pro-environmental intent and action yielded contradictory results. In addition, the regulatory environment was evaluated to see how the theory of planned behavior (TPB) affects financiers' objectives to participate in biogas power plants. The consequences of the study indicate that feelings of pride and discernment of energy expansively affect people's desire to invest in biogas plants. Biogas energy efficacy has little effect on investors' decisions to invest in biogas energy plants. This study offers policymakers practical ideas on enhancing investments in biogas energy plants.
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Affiliation(s)
- Shahid Ali
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
| | - Qingyou Yan
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
- Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Beijing, 102206, China
| | - Azer Dilanchiev
- School of Economics and Management, North China Electric Power University, Beijing, 102206, China
| | - Muhammad Irfan
- School of Economics and Management, Beijing Technology and Business University, Beijing, 100048, China.
- Department of Business Administration, ILMA University, Karachi, 75190, Pakistan.
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Achieving Zero Hunger Goal through Minimizing Waste in Food Supply Chain: Evidence from Asian Emerging Region. SUSTAINABILITY 2022. [DOI: 10.3390/su14105930] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 01/27/2023]
Abstract
Agricultural products have taken center stage due to the COVID-19 pandemic as countries strive to become self-sufficient and independent. Despite this, Agri-products supply chain management has largely been ignored. Farmers are typically in charge of getting these products to market. The local market suffers because of the significant quantity of agricultural products wasted along the Agri-Food supply chain (AFSC), and export revenue is at risk. To address the issue of food waste in AFSC, this study identified the sources of food waste and proposed corrective measures for the local farming industry. Stakeholders from the farming community, transportation companies, and retailers were conducting semi-structured interviews and coding them using open-source coding. Lack of cold storage and improper handling and packaging of products have been found to have a negative impact on the distribution process in developing countries. In this regard, a well-designed supply chain strategy, network design, and information system can alleviate these issues. Farmers and transporters must be taught how to minimize damage during transport. Recycled packaging material can also be used, saving money while reducing the likelihood of product damage. This is among the pioneer studies that focus on the causes of food waste in AFSC in Pakistan.
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Fresh Insight through a Keynesian Theory Approach to Investigate the Economic Impact of the COVID-19 Pandemic in Pakistan. SUSTAINABILITY 2022. [DOI: 10.3390/su14031054] [Citation(s) in RCA: 27] [Impact Index Per Article: 13.5] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 02/06/2023]
Abstract
Beyond the immediate impositions of dealing with COVID-19, this disease represents a severe and significant challenge confronting Pakistan’s economy. The study’s objective was to evaluate the coronavirus epidemic’s effect on Pakistan’s economy and measures devised to mitigate the damage done by this disease. The study research design used the elementary concept of Keynesian theory comprising of the mapping of systematic behavior of the COVID-19 pandemic. Issues were formally underpinned, described, and visualized through the Keynesian theory concept. The eruption of COVID-19 has jolted the national and international economy. Pakistan is included, causing millions of people to stay at home, lose their jobs, and suspend or end business operations. Unemployment in Pakistan has reached nearly 25 million people, driving many towards conditions of hunger and poverty as the major economic damage in several sectors is anticipated at around PKR 1.3 trillion. The hardest-affected sectors comprise industries such as tourism and travel, financial markets, entertainment, manufacturing, etc., having a devastating effect on gross domestic product (GDP). It is mainly daily-wage earners and people running small businesses that have been seriously exploited and subjected to a curfew-like situation. However, the Keynesian theory suggests that supportive macroeconomic policies must restore trust, demand recovery, and provide interest-free loans to overcome Pakistan’s currently upcoming crisis.
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