Economic complexity, greenfield investments, and energy innovation: policy implications for sustainable development goals in newly industrialised economies.

The crucial role of environmental assessment quality has been recognised by environmental and sustainable development goals in addressing climate change challenges. By focusing on the key identifier of environmental assessment, progress can be made towards overcoming climate change issues effectively. The current study considers environmental commitments under COP28 to study the role of economic complexity, greenfield investments, and energy innovation in environmental degradation in newly industrialised economies from 1995 to 2021. We employ novel panel estimations from CS-ARDL, CS-DL, AMG, and CCEMG to confirm that economic growth and greenfield investments degrade environmental quality. On the other hand, energy innovation and urbanisation improve environmental sustainability. Lastly, we confirm the EKC hypothesis for economic complexity as well. Given the reported empirical findings, the study suggests policymakers must focus on economic complexity to transform industrial sectors' economic potential. Furthermore, foreign investment projects must be linked with environmental goals to increase renewable energy capacity.

An outlook on the development of renewable energy, policy measures to reshape the current energy mix, and how to achieve sustainable economic growth in the post COVID-19 era.

Currently, COVID-19 due to emergence of various variants shows no signs of slowing down and has affected every aspect of life with significant negative impact on economic and energy structures around the world. As a result, the governments around the world have introduced policy responses to help businesses and industrial units to overcome the consequences of compliance with COVID-19 strategies. Our analysis indicates that global energy sector is one of the most severely affected industries as energy price mechanisms, energy demand, and energy supply have shown great uncertainty under these unprecedented economic and social changes. In this regard, we provide brief overview of demand, supply, and pricing structure of energy products as well as policy mechanisms to provide better outlook about how industrial sector can cope with energy consumption in the post pandemic era. We further propose changes in the existing policy mechanisms so that transition towards renewable energy sources under different environmental agreements can be achieved. Moreover, as a reference, we outline major challenges and policy recommendations to ease energy transition from fossil fuels to environmental friendly energy mix.

Scientific data-driven evaluation of academic publications on environmental Kuznets curve.

This study aims to provide a detailed overview of environmental Kuznets curve hypothesis using bibliometric analysis for the Web of Science (WOS) database. Our analysis provides an overview of research trends, journals and most influential authors. China has contributed the most scientific publications; followed by the USA, Turkey, and Pakistan. Muhammad Shahbaz, Beijing Institute of Technology, and Environmental Science and Pollution Research are the most productive author, research institute, and research journal in EKC publications. Trend analysis of researchers, academic and country-level, reveal that publications in the environmental Kuznets curve have upward trend; also, cocitation analysis indicates that EKC publications are closely related. "Economic growth and income inequality" (1955) by Simon Kuznets is considered to be the basic literature, and "environmental Kuznets curve hypothesis: A Survey" by Dinda (2004) is the most cited research article in the literature. Keywords and abstracts analysis further reveals that carbon emissions, renewable energy, energy consumption, economic growth, and sustainable development are the hot topics in current literature. We propose that joint research projects between industrial and emerging economies will promote research activities.

A bibliometric analysis and systematic literature review of tourism-environmental degradation nexus.

This study aims to provide a comprehensive knowledge map of tourism and environmental degradation literature review based on scientific articles published between 1999 and 2020. The study provides an overview of research, influential authors, and journals. The PR China has maintained the lead in academic research with the most contribution in academic research in recent years. Sustainability, the Chinese Academy of Sciences, and Katircioglu are the most productive journal, academic institution, and author in the field of tourism and environmental degradation, respectively. The degree of research contribution among researchers, institutional and national level, has an upward trend in recent years, but the research contribution among author level is higher than the institutional and national level. Furthermore, co-citation analysis suggests that research articles in the field are closely related. "Investigating the influence of tourism on economic growth and carbon emissions: Evidence from panel analysis of the European Union" authored by Lee is the most cited article. Our analysis of abstracts and keywords shows that climate change, ecotourism, carbon emissions, economic growth, and energy consumption are the hot spots of academic literature. We suggest that research collaboration between developed and developing nations should be promoted in creating sustainable tourism reforms.

A brief review of socio-economic and environmental impact of Covid-19.

In recent months, Covid-19 has caused significant global social and economic distress. Governments and health officials around the world have introduced mandatory preventive measures to combat Covid-19, i.e., hand sanitizers, gloves, and masks, which have contributed to large quantities of medical wastes. Social distancing and mandatory lockdown have also been put in place to protect people from Covid-19. This epidemic has caused severe demographic changes and unemployment, and economic activities have been shut down to save human lives. Transportation and travel industries are most severely hit as global tourism has fallen to almost zero in recent months; as a solution, economic institutes have introduced stimulus packages worth more than $6 trillion. However, restricted economic activities have also contributed towards a cleaner environment. However, environmental changes are not permanent, and the pollution level may rise again in the future. As a result, current research suggests that policymakers must introduce stringent environmental policies to promote clean energy.