From Grey Clouds to Green Horizons: Synergizing the nexus among Adaptation Technologies, Green Production Practices and Environmental Quality

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Abstract The BRICST nations - Brazil, Russia, India, China, South Africa, and Turkey - are driving significant economic growth and development. However, they also have to tackle environmental challenges accompanying their economic progress. The nexus between economic growth and environmental degradation makes it complex to achieve sustainable development goals. In this regard, the study examines the impact of adaptation technologies, green production practices, financial development, and renewable energy consumption on the load capacity factor. The Panel Quantile Regression (PQR) technique has been utilized to analyze data from 1990 to 2020. Further, the Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS) techniques have also been employed to check the robustness of the results. The results show that economic growth harms environmental quality in the early stages, and it harms the load-carrying capacity of the environment in the latter stage. Conversely, adaptation technologies and green production technology have a positive effect on load-carrying capacity, which also signifies the efforts to achieve SDG 09 (industry, innovation, and infrastructure). Renewable energy consumption also plays an integral role in improving environmental quality which also clarifies the attempts towards SDG 12 (responsible consumption and production), SDG 07 (affordable and clean energy), and SDG 13 (climate action) in BRICST countries.
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From Grey Clouds to Green Horizons: Synergizing the nexus among Adaptation Technologies, Green Production Practices and Environmental Quality | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article From Grey Clouds to Green Horizons: Synergizing the nexus among Adaptation Technologies, Green Production Practices and Environmental Quality Muhammad Rafiq, Wasim Ahmad, Afshan Hamid, Ahsan Anwar This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-5673549/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract The BRICST nations - Brazil, Russia, India, China, South Africa, and Turkey - are driving significant economic growth and development. However, they also have to tackle environmental challenges accompanying their economic progress. The nexus between economic growth and environmental degradation makes it complex to achieve sustainable development goals. In this regard, the study examines the impact of adaptation technologies, green production practices, financial development, and renewable energy consumption on the load capacity factor. The Panel Quantile Regression (PQR) technique has been utilized to analyze data from 1990 to 2020. Further, the Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS) techniques have also been employed to check the robustness of the results. The results show that economic growth harms environmental quality in the early stages, and it harms the load-carrying capacity of the environment in the latter stage. Conversely, adaptation technologies and green production technology have a positive effect on load-carrying capacity, which also signifies the efforts to achieve SDG 09 (industry, innovation, and infrastructure). Renewable energy consumption also plays an integral role in improving environmental quality which also clarifies the attempts towards SDG 12 (responsible consumption and production), SDG 07 (affordable and clean energy), and SDG 13 (climate action) in BRICST countries. Adaptation Technologies Green Production Practices LCC Hypothesis Sustainable Development Goals Full Text Additional Declarations No competing interests reported. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. 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