IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v94y2024ics0301420724005129.html
   My bibliography  Save this article

Leading role of natural resources, eco-efficiency assessment, and energy transition in environmental sustainability: A depth of digital transformation

Author

Listed:
  • Li, Bin

Abstract

There has been a worldwide upsurge in environmental movements. The planet's ecosystem has degraded significantly over the years. The disturbing effects of environmental deterioration on Earth's physical geography cause concern among those concerned about the planet's future. While previous research has looked at various ecological elements, recent attention has turned to digital change and the need to make the most of it. Eco-efficiency is a critical component in reducing carbon output (CO2). Reaching carbon neutrality goals, getting carbon peaking, and achieving high-quality economic growth, digital transformation, and eco-efficiency are intense endeavors. A panel data set spanning G-15 economies from 1995 to 2022, this article examines the effects of digital transformation, eco-efficiency, and the food supply chain on carbon emissions. The unit root test established the stationarity of all indicators at the initial difference. In addition to Pedroni and Kao cointegration methods, the panel study uses ADF, DF-GLS, and PP unit root test, as well as dynamic ordinary least square (DOLS) and fully FMOLS stands for panel adjusted regular least square. Approaches for robustness: the present research additionally uses panel quantile regression to examine the effect of factors. In order to promote environmental sustainability and minimize CO₂ emissions, the findings highlighted the need for eco-efficiency, digital transformation, the food supply chain, and government policy. On the other hand, natural resource exploitation and energy transition worsen environmental quality and raise CO2 emissions in Great economies. We use the DH panel causality test to assess the factors' correlation further. Furthermore, carbon emissions (CO2) are affected in one way by changes in the energy sector and the food supply chain and in another by changes in eco-efficiency, digital transformation, and government policy. Environmental deterioration has many causes, and this study's results may help shed light on those reasons while suggesting solutions.

Suggested Citation

  • Li, Bin, 2024. "Leading role of natural resources, eco-efficiency assessment, and energy transition in environmental sustainability: A depth of digital transformation," Resources Policy, Elsevier, vol. 94(C).
  • Handle: RePEc:eee:jrpoli:v:94:y:2024:i:c:s0301420724005129
    DOI: 10.1016/j.resourpol.2024.105145
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724005129
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2024.105145?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mariana Losada-Agudelo & Sebastian Souyris, 2024. "Sustainable Operations Management in the Energy Sector: A Comprehensive Review of the Literature from 2000 to 2024," Sustainability, MDPI, vol. 16(18), pages 1-33, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:94:y:2024:i:c:s0301420724005129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.