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• 1. Food packaging waste is one of the main contributors to global environmental changes. • 2. Quality of recycled packaging materials is a threat to circular economy. • 3. Recycling method selection depends on the composition and nature of recyclate. • 4. Quality of recycled materials can be evaluated by using analytical methods. • 5. Migration analysis should be done to evaluate recycled material safety. Food packaging waste significantly impacts global environmental changes, prompting the adoption of a green circular economy approach. Recycling packaging waste is a critical element of this strategy. However, it faces challenges related to the quality of recycled materials and concerns about their safety. Thus, this review aimed to highlight different analytical methods alone or in combination to evaluate the quality of the recycled material. Furthermore, the safety and health aspects related to the migration of contaminants and their relevant regulations have also been discussed. An important parameter while selecting an appropriate recycling method is the composition and nature of the recyclate, for instance, HDPE (High-Density Polyethylene), PET (Polyethylene Terephthalate), and PP (Polypropylene) materials can be recycled using mechanical and chemical recycling, however, PVC (Polyvinyl Chloride) and PS (Polystyrene) present challenges during mechanical recycling due to lower molecular weight and complex compositions, thus are often downcycled into lower-grade products. Still, recycled papers can be more problematic than recycled plastics due to the nature of the materials and the impact of recycling. The literature review suggested that three quality properties i.e., presence of low molecular weight compounds, degree of degradation, and composition should be analyzed by using different spectroscopic, thermo-mechanical, and chromatographic techniques to obtain a detailed understanding of recycled material quality. Furthermore, recycling should be done in such a way that the migration of contaminants should be lower than the migratory limits set by the relevant authorities to avoid any toxicological effects. [ABSTRACT FROM AUTHOR]

Land afforestation is an important aspect of forested land development. Increasing the area of forest areas through the reforestation of uncultivated, abandoned or agriculturally unsuitable land is considered an important way to diversify economic activities in order to reduce dependence on agricultural activities and improve environmental conditions in rural areas. The main objective of the study is to identify the factors affecting the afforestation of agricultural land carried out in the years 2004–2020 by farmers under the individual financial perspectives of the Rural Development Programme (RDP) in Poland and Lithuania. The study included a review of Polish and Lithuanian regulations aimed at providing financial support for afforestation under the RDP. Moreover, a comparative analysis of the rules and criteria for financial support for afforestation in relation to selected socio-economic indicators of the two countries was carried out. Based on the study results, it can be clearly stated that in both Poland and Lithuania, the support for afforestation under the RDP fails to meet the beneficiaries' expectations. It would, therefore, be advisable to adapt the Programme to the changing economic conditions and keep the afforested land under the RDP under technical supervision. Support for afforestation should be continued to ensure the improvement in land use and the enhancement of the prospects for long-term economic activity in rural areas as well as to implement the assumptions of the green economy. [ABSTRACT FROM AUTHOR]

The Indonesian Government has set ambitious climate targets and commitments, and now appropriate climate action is needed to achieve these targets. This viewpoint article identifies gaps in financing to achieve Indonesia's climate commitments and suggests funding mobilisation strategies for climate action; it also recommends policy options to utilise available funding effectively and efficiently. It was estimated that realising climate commitments requires up to USD 276 billion in total, and the financing gap to realise this is around 53 per cent. To achieve the climate target, the government needs appropriate financing strategies. Securing funding from national and international sources, as well as from public and private sources, is critical to filling the gap and establishing financial source diversification. The limited state budget must be optimised through financial instruments such as green bonds, carbon pricing, and fiscal transfers. International financial sources must also be mobilised through bilateral, regional, and multilateral channels. [ABSTRACT FROM AUTHOR]

This research endeavors to investigate how the internationalization depth of green innovation enterprises influences their innovation performance and sustainability, specifically analyzing data from China's Specialized, Fine, Special, and Innovative Enterprises. By analyzing the unbalanced panel data of green Specialized, Fine, Special, and Innovative Enterprises listed on the A-share market in China from 2006 to 2022, we find that the depth of internationalization is not only significantly positively correlated with innovation performance but also indirectly promotes enterprises' sustainability by enhancing innovation performance. Furthermore, R&D investment plays a partial mediating role in this process. Heterogeneity analysis further indicates that the positive impact of the depth of internationalization on innovation performance and sustainability is more pronounced in non-state-owned enterprises. This study provides a new perspective on how small and medium-sized enterprises can expand their innovative resources and knowledge through the depth of internationalization to achieve sustainability and offers evidence and suggestions for governments to formulate relevant policies. [ABSTRACT FROM AUTHOR]

In recent years, the digital economy and the green economy have become integral parts of China's economy. Chinese government has been actively expanding its support for the development of these sectors. However, there are still several obstacles hindering the progress of the digital economy and the green economy in China. The objective of this study is to delve into the impact mechanism of the digital economy on the green economy. Moreover, this paper innovatively integrates industrial structure and technological innovation into this impact process. We elucidate the significant roles played by these two mediating variables. Simultaneously, we employ the bidirectional fixed-effect model, baseline regression, and robustness tests to analyze the data from 31 provinces in China between 2012 and 2021. The conclusions of this study are as follows: (1) The development of the digital economy in China contributes to the improvement of the level of the green economy. (2) When the digital economy influences the green economy, the upgrading of industrial structure and technological innovation play significant roles. (3) The impact of the digital economy on the green economy varies across diverse regions in China. This study reveals the impact mechanism of the digital economy on the development of the green economy using variables of industrial structure and technological innovation. It enriches the research content in this field and extends the application scenarios of related research methods. The conclusions provide valuable references for promoting the development of both the digital economy and the green economy in China. [ABSTRACT FROM AUTHOR]

The article mainly examines spatial diversification of the green economy in EU countries in 2014 and 2021 in the context of the energy transformation process. In the theoretical part of the work, the green economy concept, with reference to the conditions of the green energy, was analyzed. The research procedure used in the article is based on multidimensional comparative analysis. The empirical verification was conducted using green economy indicators that are published periodically by the OECD and Eurostat. Based on 21 indicators, a synthetic green economy index was designed for 27 EU member states. In the selected set of detailed indicators, those related to green energy economy played an important role. This approach allowed for the creation of rankings and comparisons between EU countries in 2014 and 2021, i.e., the implementation period of the Europe 2020 Strategy. In this period, the priority areas of EU development were: the low-carbon economy, including the use of renewable energy sources and improvement of energy efficiency, as well as the introduction of eco-innovation. Green energy should be the basis for the functioning of highly developed countries and socio-economic progress in the case of developing countries. Based on the analysis, a large discrepancy in terms of green economy was observed in the examined countries. Particular attention was paid to disproportions in the area of green energy. The average value of the synthetic measure of the green economy in the EU countries increased in the studied years from 0.4488 to 0.4529, which can be interpreted as a slight acceleration in the greening processes. The added value of the research presented in the paper and its novelty is the analysis of the current patterns of green transformation in EU member states, with particular emphasis on energy factors. [ABSTRACT FROM AUTHOR]

Meeting renewable energy targets is one of the most significant global challenges to achieving SDG 7—Ensure access to affordable, reliable, sustainable, and modern energy for all. This study focuses on the global energy transition to understand the factors that influence success or failure in achieving targets. First, the gap between the stated targets and our predictions was calculated. Next, the roles of economic, political, and environmental variables in determining this gap were analyzed. Data were collected from 63 countries from 2000 to 2022, ensuring the global representativeness and robustness of the results. Many countries may struggle to meet their renewable energy targets. Political stability, regulatory quality, and investment freedom play a remarkable role in helping countries get closer to achieving their targets. More industrialized countries with large populations face greater challenges due to high energy intensity. This paper aims to predict the propensity of countries to meet their energy targets by integrating the forecasting and analysis of the economic, political, and geographical factors that influence a green transition. The results provide new insights into how socioeconomic and geopolitical differences influence the energy transition, offering insights for more effective policies. It is argued that accelerated administrative procedures are needed to reduce investment uncertainty and improve energy systems' flexibility. In addition, involving local communities in the decision-making process is important to ensure the acceptance of RE projects. Finally, introducing energy markets that reflect the characteristics of renewable sources is recommended to facilitate a more rapid and sustainable transition. [ABSTRACT FROM AUTHOR]

Although the importance of forestry has been widely recognized, research on the impact of forestry innovation ecosystems on green economic development is still in its infancy, and existing research is limited. This paper focuses on 31 provinces in China and conducts an empirical analysis using data from 2012 to 2021. It provides empirical insights on how forestry innovation ecosystems affect green economic growth, thus addressing the gap of existing research. The findings are as follows: (1) Forestry innovation ecosystems have a significant positive effect on green total factor productivity. (2) Mechanism analysis reveals a significant positive effect of forestry innovation ecosystems on the technical efficiency index, but no significant effect on technical progress. (3) Heterogeneity analysis indicates that in eastern and central regions, forestry innovation ecosystems do not significantly impact green total factor productivity or the paths of technical efficiency and technical progress. However, in western regions, forestry innovation ecosystems have a significant effect of green total factor productivity and technical efficiency, while technical progress remains unaffected. In conclusion, the forestry innovation ecosystems play a significant role in promoting green economic development, particularly in the western regions of China. The potential contributions of this research are twofold: (1) This study addresses this gap by providing empirical insights on how forestry innovation ecosystems influence green economic growth. (2) This paper also investigates the mechanisms by which forestry innovation ecosystems impact green development through various types of innovation, offering practical references for stakeholders involved in forestry and sustainable development. Differentiated policies should be assigned to address regional disparities, with increased support for forestry innovation in the west and the encouragement of green technology investments in the east and center. Additionally, promoting technical progress through policy innovation, international cooperation, and enhanced intellectual property protection is essential to maximizing the benefits of forestry innovation ecosystems. [ABSTRACT FROM AUTHOR]

Sustainable tourism development has a multifaceted impact on economic growth, intertwining benefits and challenges necessitating a balanced approach. Tourism significantly contributes to regional economic development through the multiplier effect, enhancing related sectors and socio-economic conditions while preserving cultural heritage and reducing unemployment rates. This study aims to analyze the efforts of the tourism sector in super-priority destinations by focusing on tourism transformation and economic growth in Indonesia. This research uses an exploratory qualitative method, using previous research results, online news, government reports, etc. The result shows that the five super-priority destinations' tourism transformation has areas for improvement, including inadequate Tourism Management Strategy, Sustainable Tourism Management Transformation, community involvement, and environmental sustainability challenges. However, sustainable tourism as a green development strategy can increase tourism potential. A network approach to destination governance can foster innovation, knowledge sharing, and sustainable competitiveness. Developing methodological instruments can address conflicts of interest and ensure economic development doesn't sacrifice social and environmental sustainability. [ABSTRACT FROM AUTHOR]

This research aimed to thoroughly explore various technological options and social determinants within the entrepreneurial interest of college students who are oriented toward conservation and a green economy. In order to achieve this aim, the research model was designed using an exploratory method with a path analysis approach, which was adopted to determine the direct, indirect, and total effects of various social determinants of the technological options. Furthermore, the primary data used comprise fundamental microdata, obtained through the distribution of structured surveys. The research comprised the participation of 250 respondents, all of which represented the entrepreneurial interests of students and were selected using a simple random sampling technique. In accordance with this, an illustrative block-pillar approach, which is typically used for housing construction, was adopted to facilitate understanding. The results obtained from this research show that the green economy has a significant positive influence on the direct and indirect outcomes of core determinant factors, aspirations, abilities, and attitudes of students in conservation entrepreneurship. During the course of this research, a new hypothesis was formulated, stating the presence of a causal and simultaneous relationship between green economy performance and student conservation entrepreneurship. Based on the observations made in this investigation, it is recommended that further examination be carried out on the causal relationship and simultaneous influence between conservation entrepreneurship interests and the green economy in relation to sustainable development goals. Accordingly, it is important to acknowledge that the obtained results contribute significantly to the existing theories stating the capability of university institutional policy strategies to provide relevant and targeted collective solutions suitable for mitigating the negative influence of global climate change. [ABSTRACT FROM AUTHOR]

Purpose: The study aims to identify and address the key challenges that are faced during the implementation of Circular Economy (CE) for sustainable healthcare. Design/methodology/approach: This scoping review follows Levac et al.'s (2010) methodological framework, enhanced by Pham (2014) and Tricco (2016), to identify and address relevant literature on challenges and solutions of implementing CE in healthcare. A comprehensive search of SCOPUS, EBSCO, ProQuest, and Web of Science yielded 112 articles (2010 onwards), with 73 meeting inclusion criteria focused on CE challenges and solutions in healthcare. The extracted data were synthesized using a narrative approach to identify key themes and research gaps. Findings: The study finds key challenges in implementing CE principles in healthcare, including resource depletion, medical waste, energy consumption, emissions, and healthcare inequity. Healthcare's high use of resources and energy results in environmental threats and costs, while significant medical waste contributes to pollution. CE strategies can enhance efficiency, reduce waste, and lower emissions. Overcoming these challenges requires improving resource management, promoting recycling, and ensuring equitable access to sustainable healthcare. Research limitations/implications: Findings may not be universally applicable due to regional variations in healthcare systems and regulations. Rapid advancements in CE and healthcare technologies may have emerged since the review, affecting the relevance. Practical challenges like regulatory hurdles and financial constraints were identified but not exhaustively explored. Practical implications: By identifying the main challenges in the implementation of CE principles in healthcare, the study provides valuable guidance for policymakers to develop targeted policies addressing resource depletion, waste management, energy consumption and emissions, and equitable access to sustainable healthcare. For healthcare practitioners, the study offers actionable insights for implementing solutions like recycling programs, energy-saving measures, and sustainable procurement practices within their facilities. Social implications: Promoting CE practices can reduce pollution, minimize healthcare facilities' environmental footprint, and ensure equitable access to sustainable healthcare. Originality/value. The originality of this study lies in its comprehensive examination of challenges and solutions for implementing CE principles in healthcare. Focusing on the interconnectedness of sustainability, public health, and social equity, this scoping review offers actionable strategies for promoting sustainability in healthcare systems. Category of the paper: Scoping Review. [ABSTRACT FROM AUTHOR]

The rapid development of the information and communication technologies (ITCs) and the internet is deeply embedded in all aspects of economic life. With its high economic efficiency and significant green attributes, digitalization provides opportunities for promoting a green economy. However, the effects of digitalization and internet development on China's green economic efficiency are understudied. There is also a gap in research on how digitalization and internet development influence Chinese citizens to choose a green lifestyle from the consumer perspective. This article aims to enrich the research in this field by exploring the effects of internet development on green economic efficiency in China. The article further analyses how digitalization and internet development can encourage citizens to choose a green lifestyle. Drawing on panel data from 257 cities in China spanning the period from 2012 to 2020, this article utilizes the entropy method and the SBM‐GML model to assess the correlation between internet development and green economy efficiency. We also employ the basic regression model, system GMM model, mediation effect model and adjustment model to study the impact of internet development on urban green economic efficiency. The study found that internet development and green economic efficiency face constraints that are inherent in the government's dual economic growth and environmental goals and targets. We also found that digitalization and internet development can promote citizens' adoption of green lifestyles through the fostering of citizen environmental concern and green consumption habits. Further analysis shows that internet development has a more pronounced effect on green economic efficiency in eastern cities, large cities, non‐resource‐based cities and cities with higher economic development. These findings provide useful references for developing countries that promote urban green economic efficiency through digitalization and internet development. [ABSTRACT FROM AUTHOR]

The article examines the ecological and economic effects of the natural and anthropogenic changes occurring in the Caspian Sea and its Absheron coast. In particular, it analyzes the potential damage that fluctuations in the sea level of the Caspian could cause to tourism facilities located along the coasts of the Absheron Peninsula, as well as the significant negative effects of coastal erosion that may occur if coastal management is insufficient. The article notes that if preventive measures are not taken in time, these erosion processes could severely damage the tourism sector. The research also highlights that economic activities in the Caspian Sea, especially oil extraction and the tourism sector, could exacerbate environmental problems. Pollution and the spread of invasive species lead to a reduction in biodiversity and environmental degradation. In addition, it may adversely affect the sturgeon trade, one of Azerbaijan's main sources of income, potentially resulting in a decrease in the country's economic revenues. The transition to a green economy and the implementation of sustainable tourism strategies are presented as crucial steps in addressing these problems. The article also emphasizes the importance of regional cooperation and the adoption of sustainable environmental policies. In conclusion, interstate cooperation and the development of environmentally friendly technologies are deemed necessary to solve the Caspian Sea's ecological problems. [ABSTRACT FROM AUTHOR]

This study investigates the impact of financial development (FD) and green investments (GIs) on environmental pollution in Eastern and Southern African countries from 1990 to 2020. The research not only investigates the direct impacts of FD and green finance on environmental pollution but also examines the moderating role of institutional quality (IQ) and possible nonlinear effects of FD and green finance. Our analysis from the Panel autoregressive distributed lag (ARDL) long‐run PMG reveals a negative association between FD, green investment, and environmental pollution, indicating that a well‐developed financial sector supports sustainable initiatives, leading to improved environmental outcomes. IQ moderates this relationship, with strong governance enhancing the positive effects of FD and green finance on environmental preservation. Interestingly, the study identifies nonlinear impacts, suggesting that beyond a certain threshold, the contributions of FD and GIs to environmental preservation may diminish. Recognizing these nonlinearities and the role of IQ can inform more targeted policies for maximizing efforts toward environmental conservation in African economies. [ABSTRACT FROM AUTHOR]

This research tackled the food waste problem in Saudi Arabia, with a particular focus on family restaurants, where this issue is evident. The study adopted a semi-structured survey, including structured and open-ended questions with family restaurants' owner–manager/managers. The results of quantitative and qualitative data analysis showed that the most frequent types of food waste in family restaurants are starchy foods, especially bread and rice with a waste ratio above 50% of these items. Additionally, the average ratio of food waste was at least 20% of served food at sampled restaurants per customer. Three major reasons for this high rate of food waste were consumers' behavior, e.g., positive attitude towards food waste; external factors, e.g., absence of a legal framework; and factors related to restaurants, e.g., food portion served and food cycle management. The results identified no applied strategies for handling food left over and reducing food waste at most (70%) of Saudi restaurants. This study calls for a national policy and program on managing food waste at Saudi family restaurants by adopting the 5Rs model for proper food waste management. Restaurants are encouraged to adopt green initiatives, such as "clean your plate" or "eat or waste" to stimulate their customers' behavior for reducing their food waste and sustain the environment. This would support a green and circular economy. [ABSTRACT FROM AUTHOR]

The impact of green technology innovation and the digital economy on the sustainability of the green economy is increasing. To delve deeper into this subject, this paper utilizes fixed- effect models and threshold effect models. It examines data from 34 provincial administrative regions of China. The aim is to uncover the patterns of influence the green technology innovation and the digital economy have on the sustainability of the green economy. The research findings are as follows: (1) The green technology innovation, digital economy, and their interaction contribute to promoting the high-quality sustainability of the green economy. The sustainability of the green economy relies on the support of green technology innovation and the digital economy. By optimizing the capabilities of green technology innovation and the level of digital economy, managers could enhance the high-quality sustainability of the green economy. (2) The digital economy exhibits a dual threshold effect in driving the sustainability of the green economy through green technology innovation. When the digital economy surpasses the first threshold, the influence of green technology innovation on the green economy experiences a notable increase. However, once the digital economy surpasses the second threshold, the impact of green technology innovation on the green economy begins to diminish significantly. (3) There are notable regional variations in the impact of green technology innovation and digital economy on the sustainability of the green economy across different regions of China. Considering these findings, it is vital for stakeholders in China to implement customized measures. These measures should aim to actively promote the sustainability of China's green economy. The relevant stakeholders include businesses and the government. [ABSTRACT FROM AUTHOR]

Purpose: The aim of the research is to identify the most frequently undertaken research areas in scientific publications addressing the issues of green supply chain and green logistics simultaneously. Design/methodology/approach: The study was planned and carried out in the period from April to August 2024. The analyzed research areas were expressed through author keywords, which were assigned to individual scientific publications through their authors. The multi-stage research process used two methods for bibliometric research (systematic literature review and classical literature review). Author keywords assigned to 111 precisely selected scientific publications were analyzed. Findings: Nine of the most frequently addressed research areas in scientific publications that simultaneously addressed green supply chain and green logistics were identified. In terms of as many as three identified research areas, there was a direct reference to the supply chain (green supply chain, green supply chain management, supply chain management). In turn, in two areas there was a reference to sustainability issues (environmental sustainability, sustainability). In addition, the issue of reverse logistics was identified as a key research area and at the same time corresponding to the issue of green logistics. Research limitations/implications: An important factor limiting the study was the choice of database for bibliometric analyses (Scopus database). In addition, the scope of the analyses undertaken was limited to the constructed bibliometric query (Q1). However, both aspects indicated simultaneously made it possible to obtain precise and consistent results of the analyses. Moreover, it becomes possible to repeat the study in the future and compare it with other constructed studies aimed at literature review. Originality/value: The study, compared to other such bibliometric analyses, is distinguished by the syntax of the constructed query. In addition, it was noted that research should be undertaken in learning more about the role and importance of logistics and supply chain greening for emerging green business ecosystems. Other relevant areas are the question of green job creation due to the greening of supply chains, or how the green skills gap affects the process of green supply chain and green logistics. The article is addressed to anyone interested in issues related to green supply chain and green logistics. [ABSTRACT FROM AUTHOR]

The Sustainable Development Goals (SDGs) advocate for advancing green growth, a concept that balances economic prosperity with environmental protection. At the core of this vision are principles of sustainable consumption, production, and energy usage, all aimed at mitigating climate change and safeguarding ecosystems. This study investigates how technological innovation influences the relationship between Foreign Direct Investment (FDI) and green growth in OECD member countries. Specifically, we examine two facets of green growth: production-based CO2 productivity and demand-based CO2 productivity. We employ empirical analyses using the EKC and STIRPAT framework, which includes Ordinary Least Squares (OLS), smoothed instrumental-variables quantile regression (SIVQR), and System GMM methodologies, to uncover significant insights. Our analysis reveals that FDI impedes green growth, while technological innovation is pivotal in enhancing it. This pattern holds steady across various time frames and renewable energy sources. Furthermore, our findings indicate that combining FDI and technological advancement leads to heightened production-based CO2 productivity but diminished demand-based CO2 productivity. We also identify the presence of an environmental Kuznets curve for production-based CO2 productivity. Adding to significant scientific value by demonstrating how technological innovation moderates FDI's impact on green growth in OECD countries, we advocate for fostering collaborative partnerships between foreign investors and local innovators to leverage global expertise while advancing green objectives. Additionally, policy interventions should focus on stimulating demand for eco-friendly products and services to bolster demand-based CO2 productivity. [ABSTRACT FROM AUTHOR]

The article explores the challenges and criticisms faced by Germany's renewable energy transition, known as the energiewende. It highlights concerns about the high costs of subsidies and electricity prices, which are impacting consumers and businesses. The article suggests that a shift towards public ownership of energy and greater public control over supply chains could be a viable solution to rescue the energiewende and ensure a sustainable transition. The author emphasizes the need for a comprehensive and socially just approach to address the challenges of reducing fossil fuel use. [Extracted from the article]

The changing geopolitical and environmental situation in the world forced many countries and businesses to adapt and develop new economic concepts. By combining economic sustainability and virtually continuous economic development in itself, the term "green economy" has become popular during the ongoing "crisis of the 2020s" among governments, businesses, think tanks, and economists. Azerbaijan, being part of the global economic and political network, is also affected by the socioeconomic turmoil of the third decade of the 21st century. Many roadmaps, presidential decrees, and draft law acts have been passed in order to maintain the continuous development of the country and diversify its economy. Green economy is a new subject in the economic history of Azerbaijan. Currently, the terms green economy and sustainable development are applied to two economic regions in Azerbaijan, which consist of former uncontrolled areas due to war. However, the ongoing success of "green" economic applications in those regions can pave the way for the remaining economic regions of Azerbaijan to obtain green growth. Research has been applied to the potential applications of green economy in the Baku and Absheron-Khizi economic regions of Azerbaijan. Climate change and pollution have considerable effects on the ecology of Azerbaijan, and consequently, these two regions have been greatly affected by the massive concentration of people and intensive industrialization of these areas. [ABSTRACT FROM AUTHOR]

The present study is motivated by the need to decouple economic growth from environmental degradation given the new wave of chase for higher economic growth trajectories comes with its environmental cost implications, especially among developing blocs like the Emerging 7 (E7) countries. There is a consistent trade-off between economic growth versus environmental quality. Government apparatus are perpetually on the chase for low-carbon emission policies via the pursuit for green economy. To this end, this present study extends the conventional environmental Kuznets curve (EKC) argument by incorporating the role of institution in emerging industrialized economies (E7) and using second-generation panel analysis methods like mean group (MG), augmented mean group (AMG), common correlated effects mean group (CCEMG), and the Dumitrescu and Hurlin causality test for more robust estimates and inferences. To this end, we explore the long-run and causality relationship between economic growth, quadratic form of economic growth, institutional quality, trade flow, investment in energy sector, and financial development in an EKC environment. Empirical analysis established a long-run equilibrium relationship among the outlined variables over the study period. The long-run regression shows the presence of EKC in the E7. Thus, suggesting the preference for GDP growth over environmental quality at the earlier stage of growth curve. Interestingly, investment in energy, trade flow dynamics across the blocs, and financial development dampens the detrimental effect of environmental pollution as we observed negative relationship with the ecological footprint. On the contrary, quality of institution is weak as institutional quality increase (worsen) the quality of environment in the E7 economies. From a policy perspective, this current study proposed the need for more stringent environmental treaties and regulations and promotion of green economy without compromising economic growth. In the conclusion part of the study, more details and specifics about the policy blueprint are presented. [ABSTRACT FROM AUTHOR]

The transition to a low-carbon (LC) economy is a major challenge for governments around the world. This article aims to investigate the most effective market and governmental initiatives to facilitate the industrial sector's shift to a less carbon-intensive economy. According to our analysis, the Green Economy Policy (GEP) has the potential to reduce industry carbon emissions (CEs) in some areas by promoting energy transition, rather than focusing on developing short-term reduction methods. We found that the GEP decreased pilot sites' industrial carbon intensity (CI) by an average of 7.88%, and this reduction persisted after many robustness checks. The favorable impact of the GEP differs based on population size (large and small populations) and geographic location (eastern, central, western, northern, and southern regions). Also, it is critical to emphasize how crucial green financing (GF) is to ease the energy transition. [ABSTRACT FROM AUTHOR]

Purpose: The current movement toward digitisation has promoted the adoption of smart building technology globally. Despite its advantages, its usage in developing countries such as Nigeria is still very low. Therefore, the purpose of this paper is to investigate construction professionals' awareness of smart building concepts (SBCs) in the Nigerian construction industry and identify the parameters by which SBCs can be measured. Design/methodology/approach: A quantitative survey was carried out using a questionnaire to gather relevant data in the study area. This paper was conducted on 363 registered construction professionals in the Nigerian construction industry. The collected data were analysed using descriptive statistics and Kruskal–Wallis H test analysis. Findings: This paper indicated that the majority of Nigerian construction professionals are aware of SBCs. Furthermore, the Kruskal–Wallis H test shows no significant difference between the awareness level of the various construction professionals. This paper further revealed energy management systems, IT network connectivity, safety and security management systems and building automation systems as the most significant parameters in which SBCs can be measured. Practical implications: This paper identified significant parameters influencing SBCs awareness in the Nigerian construction industry. These parameters can be integrated into the building during the design stage and can be incorporated into the policymaking process of construction firms to promote the awareness of SBCs and encourage practices related to construction sustainability. Originality/value: This paper provides empirical evidence on the awareness of SBCs among construction professionals and significant parameters influencing awareness in the Nigerian construction industry. [ABSTRACT FROM AUTHOR]

Within the framework of the Industry 4.0 concept, transition from a linear economy model to a circular economy model aimed at energy saving, regenerative green production, circulation, and consumption is becoming increasingly relevant. The purpose of the study is to substantiate the low-carbon development model consistency with the goals and objectives of circular economy (hereinafter referred to as CE) for subsequent development of a green growth strategy. Objectives of the study: to use the criteria and methods of CE to develop a toolkit for transition to low-carbon economy and to formulate its development strategy. The study used general scientific methods, in particular, analysis, synthesis, and periodization. In the course of the study the criteria for green economy growth have been identified, and in accordance with them the stages of CE have been established such as conceptual, institutional, and regulatory. The author’s variant of the combined regulatory system based on a combination of administrative and economic measures has been proposed. Matrices of problem situations by individual types of activity have been formed. As the study result, the authors outlined the circular economy stages, substantiated the possibility of low-carbon transformation within the framework of CE, relying on carbon emissions management, low-carbon technologies and a system of financing “green” projects implementation. The tools to stimulate “green” growth have been defined: a tax on greenhouse gas emissions, emissions trading system, subsidizing alternative energy, environmental projects, energy-saving technologies development and their implementation into the production process. The novelty of the study lies in a scheme development for building a low-carbon economic development strategy aimed at achieving the goals of reducing greenhouse gas emissions at the level of both the region and industrial enterprises.

The 2021 Tajogaite eruption was marked by intense pyroclastic fallout that covered a substantial portion of La Palma island, with maximum thicknesses in the central-western part. This, combined with lava flows, resulted in widespread damage to public and private properties. In this study, we investigated if volcanic ash from this eruption could serve as a raw material in the synthesis of alkali activated materials (AAMs) and contribute to the construction of eco-friendly buildings and the restoration of those damaged by the eruption. Volcanic ash-based AAMs were synthesized using NaOH and Na2SiO3 as alkaline solutions and by adding metakaolin to enhance ash reactivity and enable processing at ambient temperatures. Lightweight porous AAMs were also produced using H2O2 and metallic aluminum as foaming agents. Chemical, textural, physical, and mechanical analyses on the final products assessed their suitability as environmentally friendly materials to be used in the reconstruction of the island infrastructure, opening new perspectives on recovery actions that can be undertaken after disastrous eruptions. Of all the islands in the Canary Archipelago, La Palma has experienced the highest number of eruptions (8) in historical times, all of which showing considerable similarity in terms of eruptive mechanisms and composition to the most recent Tajogaite event. Although this study investigated fresh Tajogaite ash, similar perspectives can be envisaged for both other recent eruptions at La Palma and other similar volcanic scenarios worldwide.

The Arctic zone of the Russian Federation is one of the key and promising territorial units of our country, which is of strategic importance not only for the national socio-economic system, but also for the world economy as a whole. For this reason, regional and federal authorities are continuously working on the issues of improving the efficiency of management of socio-economic development of this territory. One of the urgent directions is socio-ecological-economic development of the Arctic zone, which is impossible without appropriate support of public authorities and involvement of business structures and population in these processes. Special attention should be paid to the issues of resource support, including the stimulation of investment processes, in order to implement the ESG-agenda. The purpose of this study is to formulate scientific and practical recommendations for the development of the system of state support for ESG-projects, which are the driver of investment and environmental climate formation in the Arctic zone of the Russian Federation. The study proposes a toolkit of state support for ESG-projects, in which the key role is given to tax preferences for investors, as well as subsidizing the costs of residents at the expense of the regional and federal budgets and preferential conditions for attracting borrowed funds. The application of the proposed tools will not only allow business structures investing in the implementation of projects of socio-ecological-economic orientation in the Arctic zone to receive additional benefits, but will also become an incentive to reach full project capacity, which will achieve a synergistic effect in the form of profit for business entities and socio-economic effect for the authorities and the population in the form of new jobs, developed infrastructure and revenue to budgets at various levels.

The aim of this paper is to examine and understand the impact of various green economy indicators on economic growth in Poland from 2010 to 2021. The study focused on a select number of indicators, including the final energy intensity of the economy, expenditures on environmental fixed assets in relation to gross domestic product (GDP), the share of renewable electricity in gross final electricity consumption, primary energy intensity of GDP, and the percentage of urban green areas. The relationship between green economy indicators and economic growth, expressed as gross domestic product per capita, was examined using regression analysis, time series analysis and correlation analysis. Data for the analysis were taken from the Central Statistical Office. Time trend analysis showed that the economy’s final energy intensity and the share of renewable energy improved steadily over the period under review, with a positive impact on GDP per capita. Correlation analysis demonstrated a robust inverse correlation between energy intensity and GDP per capita, along with a positive association between the share of renewable energy and economic growth. In linear and multiple regressions, the economy’s final energy intensity, expenditures on environmental fixed assets, and the share of renewable energy exhibited a significant impact on GDP per capita. The study’s conclusions underscore the necessity of sustained and intensified efforts towards a green economy in Poland, which is pivotal for ensuring long-term economic growth and sustainable development.

Green jobs are to be understood as those jobs directly associated with specific sustainability issues and activities related to the efficiency, quality and innovation of goods and services offered, from an eco-sustainability perspective. The objective of the research was to fill knowledge gaps of new and emerging environmental and occupational risks related to sustainable activities and to understand the impact these might have on workers’ psychological and physical well-being. A selection of several scientific articles and a critical analysis of the selected articles was carried out from the perspective of defining the concept of “emerging occupational risks in green jobs,” using different keywords in the title or abstract as search criteria. Emerging occupational risks, most prevalent in the green sector are those determined by the rapid introduction of new technologies, new materials, new processes and work organizations. In order to be able to improve prevention and protection at work, it is necessary to act on a more careful and adequate risk assessment, the definition of new professional figures expert in green issues, the expansion of research and development of scientific knowledge, and the improvement of ergonomic aspects. Int J Occup Med Environ Health. 2024;37(3):244–56

Abstract The Sustainable Development Goals (SDGs) advocate for advancing green growth, a concept that balances economic prosperity with environmental protection. At the core of this vision are principles of sustainable consumption, production, and energy usage, all aimed at mitigating climate change and safeguarding ecosystems. This study investigates how technological innovation influences the relationship between Foreign Direct Investment (FDI) and green growth in OECD member countries. Specifically, we examine two facets of green growth: production-based CO2 productivity and demand-based CO2 productivity. We employ empirical analyses using the EKC and STIRPAT framework, which includes Ordinary Least Squares (OLS), smoothed instrumental-variables quantile regression (SIVQR), and System GMM methodologies, to uncover significant insights. Our analysis reveals that FDI impedes green growth, while technological innovation is pivotal in enhancing it. This pattern holds steady across various time frames and renewable energy sources. Furthermore, our findings indicate that combining FDI and technological advancement leads to heightened production-based CO2 productivity but diminished demand-based CO2 productivity. We also identify the presence of an environmental Kuznets curve for production-based CO2 productivity. Adding to significant scientific value by demonstrating how technological innovation moderates FDI's impact on green growth in OECD countries, we advocate for fostering collaborative partnerships between foreign investors and local innovators to leverage global expertise while advancing green objectives. Additionally, policy interventions should focus on stimulating demand for eco-friendly products and services to bolster demand-based CO2 productivity.

Proponents of green growth argue that technological advancements and price signals can decouple economic growth from environmental impact through resource substitution and enhanced efficiency. In this research, we investigate the extent to which economic growth in Norway is decoupling from three key indicators of environmental pressure: energy use, greenhouse gas (GHG) emissions, and material consumption. Our findings show efficiency improvements across all of these indicators, but no absolute decoupling for any of them, and less so, a sufficient absolute decoupling to meet global sustainability targets. Despite the prevalent discourse surrounding a purported 'green shift', the overall environmental pressure within Norway is still on an upward trajectory. Mounting evidence regarding the absence of sufficient absolute decoupling suggests that the time may be ripe for high‐income nations like Norway to transcend policy focus on green growth and engage in transitions towards a post‐growth economy. [ABSTRACT FROM AUTHOR]

This article discusses one of the most effective methods of financing investments in fixed assets through loans or bonds. The mechanism of green financing is a tool that can attract part of the necessary investments to achieve ambitious goals of the designated strategy. The ESG (environmental, social, governance) agenda has recently become one of the most popular and widely discussed topics in global communities, including financial ones, as any transformation and change in business and economic conjunctures often require a significant amount of investment. The largest number of questions is raised by the E (environmental) component which is responsible for ecology, namely for ensuring decarbonisation of economic and social processes as well as for adapting to the challenges associated with the global energy transition, for protecting and multiplying natural capital, and reducing the harmful human impact on the environment. The article also provides a methodology for calculating the greenium that investors are willing to pay the issuer. The main attention is paid to a detailed analysis of the current state of the green bond market and to the process of forming a greenium in the Russian green finance market which will help investors make informed decisions when choosing investments.

The article lists the categories that can be considered as taxation instruments. It is proposed to regard tax burden as the main instrument of tax policy for realising sustainable development of the country. It is concluded that in practice the consequences of its increase and decrease can be difficult to predict. One of the reasons lies in the fact that financial decisions of companies are influenced not so much by the size of the tax burden as by the change in profitability provoked by it. The comparison of the tax burden and profitability indicators for all sectors of the Russian economy has been conducted. The correlation of the profitability (profitability of goods sold and profitability of assets) and the tax burden indicators by industries of the Russian economy has been calculated. The results are ambiguous: it is concluded that there is no connection between the environmental friendliness of the type of activity and the interdependence between the industry indicators of the tax burden and profitability. It has been found that not only the tax burden, but also the level of profitability are differentiated by industry. The classification of economic activities by the degree of environmental friendliness is proposed: directly affecting the environment, associated with the impact on it, associated with indicators of environmental safety, activities that have no direct connection with the environment.

Today, environmental protection has become a global concern, with every country obliged to implement laws and actions to protect the environment and promote sustainable development. One of the solutions to this problem is the implementation of environmental protection measures in small and medium-sized enterprises (SMEs). Following the analysis of the level of knowledge, we observed that the transition to the green economy through the adoption of sustainable tourism requires an innovative process, which may be the result of the introduction of new actions, strategies, and technologies. In order to implement sustainable practices in organizations, it is essential to have entrepreneurs who are dedicated to finding the best options and ways to implement ideas that comply with the three principles of sustainable development. In January-March 2024, a survey was conducted among tourism entrepreneurs (accommodation and catering establishments, associations) in Bukovina region on the implementation of green economy principles for creating sustainable businesses.

The increasing volumes of produced and consumed wastes and the very low level of waste disposal weakly correlate with the key provisions of the concept of sustainable development, environmental protection, and socioeconomic development of society. This study aims to substantiate the provisions of a new concept of consumer behavior in a circular economy based on responsible and environmentally oriented consumer behavior. Online participants (N=400 suburban eco-conscious shoppers) were randomly assigned packaging with either collective, generational, or no sustainability messaging before rating eco-friendliness, intentions, and conducting discrete choice tasks. Results showed that collective impact messaging drove the highest perceived eco-alignment (M=5.81 vs. 4.22 control) and willingness-to-pay thresholds. Moderation analysis indicated that collective appeals strengthened eco-perception relationships with premiums. Findings provide empirical evidence that targeted circular economy communications can increase sustainable packaging appeal and economic adoption tradeoffs to overcome attitudinal barriers around consumer recycling behavior. Doi: 10.28991/ESJ-2024-08-04-01 Full Text: PDF

Abstract Despite the negative externalities on the environment and human health, today’s economies still produce excessive carbon dioxide emissions. As a result, governments are trying to shift production and consumption to more sustainable models that reduce the environmental impact of carbon dioxide emissions. The European Union, in particular, has implemented an innovative policy to reduce carbon dioxide emissions by creating a market for emission rights, the emissions trading system. The objective of this paper is to perform a counterfactual analysis to measure the impact of the emissions trading system on the reduction of carbon dioxide emissions. For this purpose, a recently-developed statistical machine learning method called matrix completion with fixed effects estimation is used and compared to traditional econometric techniques. We apply matrix completion with fixed effects estimation to the prediction of missing counterfactual entries of a carbon dioxide emissions matrix whose elements (indexed row-wise by country and column-wise by year) represent emissions without the emissions trading system for country-year pairs. The results obtained, confirmed by robust diagnostic tests, show a significant effect of the emissions trading system on the reduction of carbon dioxide emissions: the majority of European Union countries included in our analysis reduced their total carbon dioxide emissions (associated with selected industries) by about 15.4% during the emissions trading system treatment period 2005–2020, compared to the total carbon dioxide emissions (associated with the same industries) that would have been achieved in the absence of the emissions trading system policy. Finally, several managerial/practical implications of the study are discussed, together with its possible extensions.

The transformation of the economy towards sustainable development based on ESG principles is one of the most pressing tasks. This article aims to study the current state of implementation of ESG principles in the context of sustainable development in Kazakhstan and identify critical factors influencing these processes. Special attention is given to the environmental component of ESG development, considering its importance in light of global demographic and technological changes. During the research, general scientific methods of cognition (analysis, synthesis, analogy, generalization, classification), as well as methods of quantitative and qualitative analysis, were applied, allowing for the identification and systematization of critical achievements in implementing ecological aspects of the sustainable development strategy in the republic. The article provides an assessment of Kazakhstan's involvement in adapting the best international practices in the ESG sphere, specifically in the activities of companies. Trends in the change of Kazakhstan's global rankings were analyzed using the Climate Change Performance Index (CCPI) and Sustainable Development Index (SDI). According to the assessments of international experts, a conclusion was drawn about the worsening of Kazakhstan's position. The article gives a detailed characterization of factors hindering the promotion of environmentally responsible investments and reducing the effectiveness of projects for climate change adaptation in the republic. As a result, factors contributing to the successful implementation of ESG development policy in Kazakhstan were identified, and recommendations based on this were given for further activation. The conclusion emphasizes the relevance of continuing research in strengthening the informational support of the ESG development process in the economy, primarily through implementing non-financial reporting.

يتناول البحث أحد المواضيع الهامة التي تمثل تحدي لمعظم دول العالم وخاصة دول العالم النامي، وهي قدرة اقتصاد مدن هذه الدول على التحول الى الاقتصاد الأخضر المستدام. وتتمثل أهمية الاقتصاد الأخضر المستدام للمدن في قدرته على تعظيم فرص الاقتصاد المحلي للمدن على تحسين مستوى المعيشة للإنسان، القضاء على الفقر وتعزيز الإدماج الاجتماعي، خلق فرص العمل اللائقة للجميع دون الاضرار بالبيئة العامة حيث يعتبر اهم أدوات تحقيق التنمية المستدامة. ونظرا لأهمية الموضوع فقد تم اعتماد الاقتصاد الأخضر المستدام من قبل الدولة المصرية كأحد اهم السياسات لتحقيق اهداف التنمية المستدامة لاقتصاد المدن المصرية في ضوء رؤية مصر 2030 (استراتيجية التنمية المستدامة). يهدف البحث الى التوصل الي المعايير الأساسية لقياس مدى قابلية المدن المصرية لتحقيق فكر النمو الاقتصادي الأخضر المستدام، بحيث يمكن استخدامها ضمن إطار مقترح يمكن متخذي القرار من إدارة الاقتصاد الحالي لمدنهم وتحويله الى الاقتصاد الأخضر المستدام وبالتالي المساهمة في تحقيقي التنمية المستدامة للمدينة المصرية. ولقد تم من خلال مجموعة من الدراسات النظرية التحليلية التوصل الى استنباط إطار عام لتحقيق الاقتصاد الأخضر بوجه عام، ثم من خلال مجموعة من الدراسات التحليلية لعدد من التجارب العالمية الناجحة في مجال تطبيق الاقتصاد الأخضر تم تدقيق الإطار وتحديد مجموعة المؤشرات النهائية المستهدفة للإطار. ولقد قام البحث بأجراء دراسة تطبيقية للاطار المقترح على مجموعة من المدن لقياس مدى فاعلية وقابلية الاطار في تصنيف المدن المصرية من حيث القدرة الاقتصادية لهذه المدن على مستوى الجمهورية باستخدام برنامج التحليلي الاحصائي SPSS، ولقد توصلت نتائج الدراسة إلى تقسيم المدن محل الدراسة إلى أربعة مجموعات رئيسية وفقاً لتحقيق مؤشرات النمو الاقتصادي المستدام، بين الأعلى في مؤشرات النمو الاقتصادي والأدنى بها. كما تم التوصل الى مجموعة من التوصيات التي يمكن من خلالها أدارة اقتصاد هذه المدن للتحول الى اقتصاد اخضر مستدام. The research addresses one of the major issues facing developing countries nowadays concerning the ability of transferring the economy of theirs cities to a green sustainable economy. The importance of a sustainable green economy for cities is its ability to maximize the opportunities of the local economy for cities to improve the quality of life, eradicate poverty and promote social inclusion, and create decent jobs for all without damage the environment, where it is the most important tool for achieving sustainable development. The Egyptian government, according to Egypt Vision 2030 Sustainable Development Strategy Report, noticing such an importance has adopted the aim of the Sustainable Green Economy (SGE) as one of the main strategies for achieving sustainable development for Egyptian cities. The paper aims to induct a framework that would help cities economist and decision makers to transfer, manage and control the economy of the Egyptian cities to promote SGE. Based on a number of theoretical and analytical studies the paper managed to deduct the proposed framework. The proposed framework was further refined based on the results and findings of the analytical studies for a number of selected international successful SGE’s cities. Also, based on the results of the former studies the paper deducted a list of indicators that could help in measuring and monitoring the ability of traditional economies to be transferred to SGE. The archived list of indicator is to be utilized within the proposed framework. Finally, the paper tested the proposed framework through a practical study applying the framework on a number of Egyptian selected cities, using a statistical analysis method (using SPSS) to classify Egyptian cities according to their potential to achieve sustainable green economic growth approach. The study classified the selected cities into four major groups, among the highest in the indicators of economic growth and the lowest. The paper proposed recommendations for managing and controlling the transfer of the economy of the Egyptian cities to sustainable green economy.

State of the problem. In the article, it is justified that the provision of a green economy based on environmentalization, modernization, innovation and new technologies in the production and processing of agricultural products leads to a radical improvement of production, protection of natural capital and ecosystem services, and reduction of pollution and greenhouse gas emissions. It was noted that the regulation of agricultural production systems in the country requires the expansion of agricultural practices that increase productivity and production, contribute to the protection of ecosystems, adaptation to climate change, extreme weather events, droughts, and floods. Research object. It is the production, processing, consumption and export of agricultural products of Azerbaijan. The purpose of the study is to promote the production of ecologically clean and export-important consumer products in Azerbaijan and the stimulation of its export. Introducing the country to the world with branded products, attracting foreign investments to this field, increasing the population's interest in the agricultural field, and attracting innovative technology to the field are also considered important. It is the determination of the damage caused by the impact on the agricultural sector and nature due to the degradation of the growing environmental components. Minimizing losses at this stage and optimizing the development of the agro-industrial complex is one of the main factors. Methodology. Generalization, historical, statistical, systematic analysis and comparison methods were used in the preparation of the article. Scientific novelty of the research. Implementation of the production and processing of ecologically clean agro-industrial products that do not harm human health and the environment, regular monitoring of the ecological condition of the soil, and the provision of increasing the production and assortment of ecologically clean export-oriented food and light industrial products. Research results. In the article, it is explained that the development of the green economy in Azerbaijan is an integral part of the state policy, and it occupies an important place in the state administration, on the example of export-oriented food and light industrial products. It is noted that the sustainability of the development of the green economy acts as a criterion for the production of competitive products of the state, which contributes positively to the provision of people's vital needs.

Organic waste is developed into ecoenzymes with science and technology through fermentation processes that produce environmentally friendly products and can reduce pollution. The activity partners are the women of PKK RT. 015/RW. 08 Candisari Village, Sambeng District, Lamongan Regency, with the priority of developing a green economic village through managing organic waste into eco-enzymes. The activities were followed by 34 PKK women participants with stages of presentation of eco-enzyme material, small-scale manufacturing process, mentoring, and evaluation. Based on the pre-test and post-test results showed an increase in the knowledge of ecoenzymes from 0% 0% to enough knowledge of 8.8% and knowledge of 91.2%. The ability to make eco-enzymes increased from 0% tto enough knowledge of 5.9% and knowledge of 94.1%. The indicators of increasing knowledge show that community service activities are successful.

This research highlights the importance of supporting and disseminating the concept of green economy as a critical step towards the sustainability of human life on this planet. The main focus of this study is to analyze the usage of plastic and the damage caused by plastic waste, as illustrated in the documentary film "Plastic Island". In this context, the research explains the concept of green economy and its relevance in reducing plastic usage. This research adopts a qualitative approach with eco-critical literary text analysis. Data were obtained through literature review and content analysis of the film "Plastic Island". Subsequently, the data were transcribed and analyzed in detail to identify scenes related to plastic usage and its negative impacts. The results of the research show that the documentary film "Plastic Island" clearly illustrates the environmental damage caused by plastic waste, including damage to agricultural land, threats to human health, and air pollution. Furthermore, the film also depicts the concept of green economy policies applied to reduce plastic usage. Thus, this research emphasizes the importance of the sustainability of human life and the environment for future generations, and highlights the significant role of the green economy concept in addressing the challenge of plastic usage. Emphasizing cross-sector cooperation and community participation in implementing green economy policies is key to achieving positive environmental change.

The authors of this paper discuss the importance of green bonds and their impact on the development of a green economy. A green economy is the goal one should strive for and undertake activities in order to fulfill it. Green bonds are inextricably linked to the concept of a green economy. The Republic of Serbia issued green bonds in 2021, although it is still not a member of the European Union, thus becoming an example for other European countries. In this paper authors discusses the importance of the green transition, bearing in mind that the excessive consumption of natural resources has worsened the climate and ecological crisis, and therefore a change in the way we consume natural resources is necessary, i.e., a green transition is necessary.

This study reviews the literature focused on nation brands and brand culture through the innovative combination of latent Dirichlet allocation with a multinomial and unordered discrete choice analysis. Unlike a narrow perspective of bibliometric work, which confines itself to reviewing existing literature within a specific research domain, a broader viewpoint leverages bibliometric analysis to pinpoint potential research opportunities indicative of emerging trends in related fields. Adopting this comprehensive paradigm, the current study scrutinizes 60 articles spanning the timeframe from 1992 to 2021. The analysis discerns six prospective marketing strategies instrumental in propelling a country to global brand prominence: the synergistic integration of country-of-origin and city brands, consumption branding, materialistic branding, green branding, ideological branding, and scientific branding. Notably, environmental branding has assumed a pivotal global role post–2015, while ideological branding represents a more recent trend centered on diligent efforts to invigorate national identity systems. Empirical insights underscore the need of a multidisciplinary approach in the creation of nation brands, suggesting that distinct strategies need not be mutually exclusive. Quantitatively, it is found evidence that covering one additional environmental topic in a study increases (decreases) its likelihood of belonging to the consumption (ideology) cluster by 50.8 (50.6) percentage points, respectively. Strategic recommendations for future national endeavors emphasize the significance of becoming a Stackelberg leader in the race to generate added value. Collectively, these findings underscore that the bibliometric analysis employed to elucidate the evolution of nation brands and brand culture, typically associated with international marketing, unveils two promising niche areas for future research in green finance: green nation brands and green brand culture. The former pertains to asset allocations within green enterprises and environmental sectors, enhancing a country's symbolic commitment to the burgeoning green paradigm. Meanwhile, the later delves into the internalization of fintech development's growth and intermediary effects, fostering green innovation, energy efficiency, and green supply chains. This bottom-up approach is geared towards meeting community-based needs and presents valuable avenues for future exploration in the field of green finance.