Skip to main content

Advertisement

Log in

The cyclical impact of innovation in green and sustainable technologies on carbon dioxide emissions in OECD economies

  • Research Article
  • Published:
Environmental Science and Pollution Research Aims and scope Submit manuscript

Abstract

This paper proposes a novel model for the cyclical and non-linear association between innovation in green and sustainable technologies and carbon dioxide (CO2) emissions using foreign direct investment, gross domestic consumption, and renewable energy consumption as control variables for OECD economies. First, the findings validated the long-run cointegration among variables. Second, the significant long-term negative nexus between renewable energy consumption, positive shocks to innovation in green and sustainable technologies, and CO2 emission was validated. Third, income per capita (GDP) and the negative shocks to innovation in green and sustainable technologies contributed to the CO2 emissions. Based on these findings, this study offers some policy implications to mitigate CO2 emissions.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1

source: World Bank (2016)

Fig. 2

source: OECD green growth indicators (2020)

Fig. 3

source: World Bank (2016)

Fig. 4

source: World Bank (2016)

Fig. 5

source: OECD green growth indicators (2020)

Fig. 6

Similar content being viewed by others

Data availability

The datasets used and/or analyzed during the current study are variability from the corresponding author on reasonable request.

References

Download references

Author information

Authors and Affiliations

Authors

Contributions

Shoukat Iqbal Khattak: conceptualization, data curation, formal analysis, investigation, and methodology.

Manzoor Ahmad: writing (original draft) and writing (review and editing).

Corresponding author

Correspondence to Manzoor Ahmad.

Ethics declarations

Ethics approval

Not applicable.

Consent to participate

Not applicable.

Consent for publication

Not applicable.

Competing interests

The authors declare no competing interests.

Additional information

Responsible Editor: Ilhan Ozturk

Publisher's note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Khattak, S.I., Ahmad, M. The cyclical impact of innovation in green and sustainable technologies on carbon dioxide emissions in OECD economies. Environ Sci Pollut Res 29, 33809–33825 (2022). https://doi.org/10.1007/s11356-022-18577-5

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11356-022-18577-5

Keywords

Navigation