In the era of globalization, can renewable energy and eco-innovation be viable for environmental sustainability in BRICS economies?

Although energy is a necessary component of production and hence a contaminant, the environmental effect varies depending on the type of energy used. Renewable sources of energy can provide ecological advantages, particularly when contrasted with fossil fuels, which emit high levels of CO2 emissions. Thus, the research explores the impact of eco-innovation (ECO), green energy (REC), and globalization (GLOB) on the ecological footprint (ECF) in the BRICS nations using the panel nonlinear autoregressive distributed lag (PNARDL) technique between 1990 and 2018.

The potency of natural resources and trade globalisation in the ecological sustainability target for the BRICS economies.

The BRICS nations have yet to significantly contribute to achieving Sustainable Development Goals (SDG) 7 and 13. Dealing with this problem might necessitate a policy shift, which is the main topic of this research. Therefore, the current study scrutinizes the interrelationship between natural resources, energy, trade globalisation and ecological footprint using panel data from the period between 1990 and 2018 for the BRICS nations.

Analyzing the co-movement between CO emissions and disaggregated nonrenewable and renewable energy consumption in BRICS: evidence through the lens of wavelet coherence.

This study investigates the time-frequency nexus of carbon dioxide (CO) emissions with economic growth, nonrenewable (i.e., coal, natural gas, and oil), and renewable (i.

Role of country risks and renewable energy consumption on environmental quality: Evidence from MINT countries.

This study focuses on uncovering the effect of country risks and renewable energy consumption on environmental quality. In this context, the study examines Mexico, Indonesia, Nigeria, and Turkey (MINT) nations; takes economic growth, trade openness, and urbanization into account; includes data from 1990 to 2018; applies cross-sectional autoregressive distributed lag (CS-ARDL) as the main model while common correlated effects mean group (CCEMG) and augmented mean group (AMG) for robustness checks. The empirical results show that (i) economic growth, political risk, urbanization, and trade openness contribute to an increase in ecological footprint; (ii) economic and financial risks as well as renewable energy use have a positive influence on environmental quality; (iii) a unidirectional causality exists from economic risk, financial risk, political risk, economic growth, urbanization, and trade openness to the ecological footprint: (iv) the validity of the EKC hypothesis for the MINT economies is verified; (v) the robustness of CS-ARDL results are validated by CCEMG and AMG approaches.

Endorsing sustainable development in BRICS: The role of technological innovation, renewable energy consumption, and natural resources in limiting carbon emission.

This research aimed to examine the complex interaction between technological innovation, renewable energy consumption, natural resources, and carbon dioxide (CO) emissions of BRICS (i.e., Brazil, Russia, India, China, and South Africa) countries from 1990 to 2019, to accomplish the Paris Climate Conference (COP-21) objective of reducing CO emissions to promote environmental sustainability.

Financial sector development, external debt, and Turkey's renewable energy consumption.

The primary aim of this paper is to provide fresh evidence by testing the linkage between renewable energy consumption, financial development, and external debts in Turkey, using the Bootstrap ARDL test (McNown et al. 2018). The Bootstrap ARDL test is desired over traditional co-integration tests due to its ability to predict when resolving power and size limitation issues, and its corresponding features, which have not been addressed by traditional co-integration tests.