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A step toward the attainment of carbon neutrality and SDG-13: Role of financial depth and green technology innovation      
Yazarlar
Sunil Tiwari
Arshian Sharif
Doç. Dr. Emrah SOFUOĞLU Doç. Dr. Emrah SOFUOĞLU
Kırşehir Ahi Evran Üniversitesi, Türkiye
Florian Nuta
Özet
Following the recommendations of COP28 and Sustainable Development Goal −13 (Climate Action), the present study examines the role of financial depth and green technology innovation in carbon neutrality and climate change. This study measures the relationship between green innovation, technological innovation, ICT, financial depth, economic growth, carbon emission, and ecological footprint from 1990 to 2021 in the USA. The autoregressive distributed lag (ARDL) model examines the relationship between the above-mentioned variables and their impacts on each other. Results reveal that green innovation, technological innovation, ICT, and financial depth significantly negatively impact ecological footprint and carbon emissions in both the short and long run. In contrast, economic growth positively impacts carbon emissions and ecological footprint. Green and financial innovation-centric policies are suggested to the USA to attain net zero emission and SDG-13.
Anahtar Kelimeler
ARDL | Carbon neutrality, SGD-13 | Financial depth | Green innovation | USA
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale
Dergi Adı RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE
Dergi ISSN 0275-5319
Dergi Tarandığı Indeksler SSCI
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 01-2025
Cilt No 73
Sayı 1
Doi Numarası 10.1016/j.ribaf.2024.102631
Makale Linki http://dx.doi.org/10.1016/j.ribaf.2024.102631