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This article examines the impact of government effectiveness (GE) and technological innovation on economic growth and environmental degradation in Middle East & North Africa countries. The study utilizes panel data from the period of 2002–2020. The findings indicate that there is a significant and positive relationship between innovation (INV) and CO2 emissions (0.0244), while GE has a significant and negative impact on CO2 emissions (−0.5753). In a similar vein, it can be observed that both INV and government efficacy exert a substantial and favorable influence on the process of economic growth (0.0353 and 0.0773). Furthermore, the interaction of INV and GE showed a noteworthy moderating effect on CO2 emissions (−0.1581). Conversely, it exhibited a more pronounced positive influence on economic growth (0.1122). The study highlights that synergizing INV with GE is essential for attaining sustainable economic growth in the studied area. [ABSTRACT FROM AUTHOR]

Clean and green environment along with sustainable development is the prime objective of every state. We explore empirically the nexus between tourism, environmental pollution measured by carbon (CO2) emissions, population, trade, foreign direct investment (FDI) and economic growth in six countries from the Commonwealth of Independent States over 1995–2018. Traditional panel estimation technique is employed, where the Hausman test suggests fixed-effects over random effect estimator. We also employed the robust least squares (RLS) estimator to confirm the empirical estimates. Results show that a 1% increase in CO2 will attenuate the economic growth by 0.14% and that 1% raise in the tourism activities can boost growth by 0.04%. Both the fixed-effect and RLS estimates reveal that tourism, population growth and trade contribute significantly to economic growth, whereas CO2 adversely affect growth. The Granger causality test shows a two-way causality between economic growth and CO2 and between growth and trade. Empirical results also indicate a one-way causality between growth and FDI, population and FDI, population and CO2 along with population growth and tourism. These findings suggest that adopting effective policies that can expand trade, enhance FDI and promote the tourism sector with minimum environmental damage will ultimately accelerate sustainable economic development. [ABSTRACT FROM AUTHOR]

Sustainable development is a global imperative; however, it is unattainable without a transformation of the production sector. Therefore, the study examines the impact of green strategies [Industrial innovation, Eco‐tech imports‐IMPT, and Green finances‐GFN] and policy interventions [Environmental policy‐EPY and Environmental taxes‐ETX] on production‐based emissions (PBE), industrial value addition (IVA), and sustainable development goals (SDG). The study covers the years 1990–2022 and focuses on 25 European nations. In addition, the pooled mean grouped (PMG)‐ARDL and mean group (MG) techniques were used to assess the short‐ and long‐term parameters. The country‐specific relationships are evaluated using the Bootstrap Granger Causality test. The results affirm that green strategies and policy interventions mitigated PBE and increased the IVA and SDG in Europe. However, globalization and energy use increase the PBE and IVA while impeding progress toward the SDGs. The mitigation technologies fueled with green energy (MPRE) came out as the ultimate solution, which requires green technologies and sustainable practices across all sectors. Therefore, it is suggested that governments implement eco‐friendly policies that boost GFN, reduce pollution, increase green output, and meet the Sustainable Development Goals. [ABSTRACT FROM AUTHOR]