Publication:
Empowering BRICS economies: The crucial role of green finance, information and communication technology�and innovation in sustainable development

Simple item page
dc.citedby3
dc.contributor.authorSahoo M.en_US
dc.contributor.authorBhujabal P.en_US
dc.contributor.authorGupta M.en_US
dc.contributor.authorIslam M.K.en_US
dc.contributor.authorid57216792187en_US
dc.contributor.authorid57205225999en_US
dc.contributor.authorid57222228992en_US
dc.contributor.authorid57196413211en_US
dc.date.accessioned2025-03-03T07:41:42Z
dc.date.available2025-03-03T07:41:42Z
dc.date.issued2024
dc.description.abstractThis study delves into the crucial role of green finance, information and communication technology (ICT), technological innovation, and renewable energy in the Brazil, Russia, India, and China (BRICS) countries from 2000 to 2021. The findings highlight the importance of green finance in reducing the ecological footprint and promoting eco-friendly initiatives, sustainable practices, environmental technology innovation, and heightened environmental awareness. This means 1% increase in green related finance has reduced ecological footprint by 0.72% in BRICS economies. Additionally, technological innovation and the consumption of renewable energy play a significant role in enhancing environmental sustainability. Conversely, the study reveals that ICT has a considerable impact on the ecological footprint, but the interaction effect with green finance helps to mitigate its negative effects and improve the environmental quality. Meanwhile, non-renewable energy, gross domestic product (GDP) per capita, and urbanization have an adverse effect on the environment. To strengthen green finance in BRICS countries, governments can establish comprehensive policy frameworks that prioritize sustainability and create a conducive climate for incentivizing investment in environmentally friendly endeavors. ? 2024 ERP Environment and John Wiley & Sons Ltd.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1002/sd.3083
dc.identifier.epage7308
dc.identifier.issue6
dc.identifier.scopus2-s2.0-85196267076
dc.identifier.spage7292
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85196267076&doi=10.1002%2fsd.3083&partnerID=40&md5=0ab3807fd52e760d7cb2f70e6af27a6f
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/36251
dc.identifier.volume32
dc.pagecount16
dc.publisherJohn Wiley and Sons Ltden_US
dc.sourceScopus
dc.sourcetitleSustainable Development
dc.subjectBrazil
dc.subjectChina
dc.subjectEgypt
dc.subjectEthiopia
dc.subjectIndia
dc.subjectIran
dc.subjectRussian Federation
dc.subjectSouth Africa
dc.subjectUnited Arab Emirates
dc.subjectenvironmental economics
dc.subjectgreen economy
dc.subjectinformation and communication technology
dc.subjectsustainability
dc.subjectsustainable development
dc.subjecttechnological development
dc.titleEmpowering BRICS economies: The crucial role of green finance, information and communication technology�and innovation in sustainable developmenten_US
dc.typeArticleen_US
dspace.entity.typePublication
Files
Collections
SCOPUS