Impact of Sustainable Energy, Fossil Fuels and Green Finance on Ecosystem: Evidence From China
| dc.contributor.author | Wang, Zuoteng | |
| dc.contributor.author | Zeng, Sheng | |
| dc.contributor.author | Khan, Zohan | |
| dc.date.accessioned | 2024-11-28T12:33:49Z | |
| dc.date.available | 2024-11-28T12:33:49Z | |
| dc.date.issued | 2024 | en_US |
| dc.date.issued | 2024 | |
| dc.description.abstract | The adoption of sustainable energy has increased as a substitute for petroleum derivatives due to growing concerns about environmental degradation caused by pollution and non-renewable energy sources. This study aims to investigate the impact of sustainable energy, green finance, and fossil fuels on the ecology of China. Instead of using traditional intermediaries like CO2 and EF, we employed the ecosystem habitat index to evaluate the conservation of terrestrial ecosystems. This index measures the extent of habitat destruction, deterioration, and fragmentation. The research demonstrated that implementing ecological power and green finance in China has enhanced the country's ability to safeguard and enhance its ecosystem in the short and long term. Furthermore, the findings suggest that using non-renewable energy sources in China has heightened the risk to biodiversity and the ecosystem. The analysis indicates that prioritizing green funding and renewable energy sources is crucial for policymakers, legislators, and investors to safeguard and enhance ecosystem diversity. © 2024 Elsevier B.V., All rights reserved. | en_US |
| dc.description.sponsorship | NARDL; DCCE; FMOLS; Modern Exploration Association; “Research on Pricing Strategies for Carbon Emission Trading; Beijing Institute of Economic and Management Scientific Research Project; Chongqing Municipal Education Commission, CQMEC; influence of energy on biodiversity might; Chongqing Social Science Planning Project, (2019WT52); Chengdu-Chongqing Urban Agglomeration, (23SKJD094, KFJJ2022045); KFJJ2022045.Beijing Institute of Economic and Management Scientific Research Project, (21BSA02) | |
| dc.description.sponsorship | Using board experiments and time series examination, scholars have looked at how human consumption of energy affects the natural world [34]. Using the NARDL, the researchers “researched the effect of the protection market and environmental change and sustainable power on biodiversity in BRICS” and found that the REC further developed a biodiversity file [35]. did a literature analysis on the subject, and one of the things they found was that the influence of energy on biodiversity might be either direct or indirect? In addition, he emphasized how dirty powers kick off a chain reaction of stressors that directly harm biodiversity. These stresses include the mining of minerals, the construction of infrastructure, the movement of goods, and the use of energy sources that are not renewable. Certain restrictions come with this kind of writing. We investigated the network between several biochemical and energy-based intermediates using this technique (Brown et al., 2020b). researched how the usage of energy and routine assets influenced the EF, carbon impression [36], and CO2 output of OECD nations. They emphasized that not using RE was detrimental to the environment while using REC was beneficial to the climate. He highlighted the prospect of EKC becoming present in countries that are still economically developing [37]. Employed MG, AMG, and DCCE for their research on emerging countries. According to the study, non-REC is responsible for a decline in environmental quality, while RE contributes to its improvement. According to Ref. [38], the countries of “Bangladesh, India, Pakistan, and Sri Lanka” (BIPS) supported comparable conclusions. It was also shown that REC improves people's overall quality of life.The BHI “gauges the impacts of natural surroundings loss, debasement, and fracture on the normal maintenance of earthbound biodiversity” [60]. The SPI featured that the \"BHI estimates how the spatial circulation of natural surroundings misfortune, corruption, and discontinuity influences collections of species. It likewise gauges the outcomes of neighbourhood level misfortune debasement on the worldwide variety of networks and environments\". The BHI is registered utilizing factual strategies to anticipate the biological similitudes among regions given abiotic and geological environmental elements. The natural correspondences produced by the models range somewhere between 0 and 1, where 0 shows no species in like manner while 1 is all species. The natural comparability information is joined with the terrain alteration information by the Region Logical and Modern Exploration Association. In this manner, the “BHI score for a given cell rises to the typical natural surroundings state of all biologically comparative cells” [61]. The “BHI score for a nation rises to the weighted mathematical mean for all cells inside the nation, weighted by every cell's biological uniqueness; hence, this score addresses a country's corresponding maintenance of territory supporting unmistakable collections of species across the full scope of conditions” [60].The results obtained from the FMOLS and CCR analyses support a previous study conducted by Ref. [75] about the harmful impact of non-renewable energy on environmental quality and the advantages of renewable energy. The incorporation of economic complexity and green financing as variables in this study offers a fresh viewpoint that emphasises the various factors that contribute to biodiversity enhancements, emphasising the significance of combining economic and environmental policy.This work was supported by Chongqing Social Science Planning Project: “Research on Pricing Strategies for Carbon Emission Trading in Chongqing” (2019WT52). Key Humanities and Social Sciences Research Base Project of Chongqing Municipal Education Commission: “Prediction of Carbon Peak and Differentiated Emission Reduction Paths in the Chengdu-Chongqing Urban Agglomeration under the ‘Dual Carbon’ Goals” (23SKJD094). Chongqing Technology and Business University Yangtze Upper Reaches Economic Research Center Project: “Research on Carbon Peak Paths in the Chengdu-Chongqing Urban Agglomeration”, grant number KFJJ2022045. Beijing Institute of Economic and Management Scientific Research Project\"Research on the Economic Professional Group and Industrial Group\" (21BSA02). | |
| dc.description.sponsorship | This work was supported by Chongqing Social Science Planning Project: “Research on Pricing Strategies for Carbon Emission Trading in Chongqing” (2019WT52). Key Humanities and Social Sciences Research Base Project of Chongqing Municipal Education Commission: “Prediction of Carbon Peak and Differentiated Emission Reduction Paths in the Chengdu-Chongqing Urban Agglomeration under the ‘Dual Carbon’ Goals” (23SKJD094).Chongqing Technology and Business University Yangtze Upper Reaches Economic Research Center Project: “Research on Carbon Peak Paths in the Chengdu-Chongqing Urban Agglomeration”, grant number KFJJ2022045.Beijing Institute of Economic and Management Scientific Research Project\"Research on the Economic Professional Group and Industrial Group\" (21BSA02). | |
| dc.identifier.doi | 10.1016/j.heliyon.2024.e36712 | |
| dc.identifier.issn | 2405-8440 | |
| dc.identifier.scopus | 2-s2.0-85204172604 | |
| dc.identifier.uri | https://doi.org/10.1016/j.heliyon.2024.e36712 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12573/2396 | |
| dc.language.iso | en | en_US |
| dc.publisher | Elsevier Ltd | en_US |
| dc.relation.ispartof | Heliyon | en_US |
| dc.relation.isversionof | 10.1016/j.heliyon.2024.e36712 | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | Ecosystem Preservation | en_US |
| dc.subject | Green Finance | en_US |
| dc.subject | Non-Renewable Energy | en_US |
| dc.subject | Sustainable Energy | en_US |
| dc.title | Impact of Sustainable Energy, Fossil Fuels and Green Finance on Ecosystem: Evidence From China | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
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| gdc.description.department | AGÜ | en_US |
| gdc.description.departmenttemp | [Wang] Zuoteng, Chongqing Technology and Business University, Chongqing, China; [Zeng] Sheng, Chongqing Technology and Business University, Chongqing, China; [Khan] Zohan, Abdullah Gül Üniversitesi, Kayseri, Turkey | en_US |
| gdc.description.issue | 18 | en_US |
| gdc.description.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| gdc.description.scopusquality | Q1 | |
| gdc.description.volume | 10 | en_US |
| gdc.description.wosquality | Q1 | |
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| gdc.oaire.keywords | Social sciences (General) | |
| gdc.oaire.keywords | H1-99 | |
| gdc.oaire.keywords | Q1-390 | |
| gdc.oaire.keywords | Ecosystem preservation | |
| gdc.oaire.keywords | Green finance | |
| gdc.oaire.keywords | Science (General) | |
| gdc.oaire.keywords | Sustainable energy | |
| gdc.oaire.keywords | Non-renewable energy | |
| gdc.oaire.keywords | Ecosystem preservation; Green finance; Non-renewable energy; Sustainable energy | |
| gdc.oaire.keywords | Research Article | |
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