Abstract
After the UN Climate Action Summit in 2019, many countries started progressing towards race to zero targets. The intricate framework of digitalization and green technologies has the potential to persuade governments to implement policies that promote a zero-carbon economy, i.e., green economy. Hence, this study determines the effect of digital trade (DGT) and green technological innovation (GTI) on environmental sustainability (ENS) by considering the role of renewable energy consumption (REC), globalization (GLOB), and economic growth (EG). The study measured ENS by taking into account three proxy variables, i.e., ecological footprint (EF), carbon dioxide emission (CO2e), and methane emissions (CH4e). POLS and PMG-ARDL techniques are applied to the panel data of BRICS (Brazil, Russia, India, China, and South Africa) from 2000 to 2019. Panel Quantile Regression (PQR) along with AMG and CCEMG estimators is applied hereafter for checking the robustness of the empirical results. The long-run empirical outcomes show the positive association of DGT, GTI, REC, and GLOB with ENS. Lastly, this study inscribed the Environmental Kuznets Curve (EKC) and highlights policy implications and governmental measures to ensure environmental sustainability in BRICS economies.
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Source: World Economic Outlook Database, 2022
Source: Global Footprint Network 2023; BP, Statistical Review of World Energy, 2023
Source: World Development Indicator, 2023
Source: OCED Data, 2023
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HY: conceptualization, data curation, and methodology. MQJ: writing—original draft and data curation. MSeA: visualization, supervision, and editing. MZ: writing—review and editing, and software.
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Yuerong, H., Javaid, M.Q., Ali, M.S.e. et al. Revisiting the nexus between digital trade, green technological innovation, and environmental sustainability in BRICS economies. Environ Sci Pollut Res 31, 8585–8607 (2024). https://doi.org/10.1007/s11356-023-31661-8
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DOI: https://doi.org/10.1007/s11356-023-31661-8