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The role of global collaboration in environmental technology development, natural resources, and marine energy generation technologies toward carbon neutrality in knowledge-based economies

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Abstract

This study aims to explore the influence of renewable energy consumption (REC), global collaboration in environmental technology development (GCETD), gross domestic product per capita (GDPPC), marine energy generation technologies (MGT), trade openness (TDOT), natural resources (NRs), and carbon dioxide emissions (CO2e) in 34 selected knowledge-based economies from 1990 to 2020. The results show that MGT and REC, an environmentally friendly source of energy, are positively connected with zero carbon emissions, reflecting the ability to serve as an alternative energy option for a sustainable environment. In addition, the study reveals that NRS, such as the accessibility of hydrocarbon resources, can have a positive effect on CO2e, implying that the unsustainable use of NRs may lead to the expansion of CO2e. Additionally, the study pinpoints that GDPPC and TDOT, as a gauge of economic expansion, play an essential part in a carbon–neutral future, suggesting that greater amounts of commercial success could result in greater ecological sustainability. The results also show that GCETD is linked to lower CO2e. This means that working together on an international level helps to improve environmental technologies and slow down the effects of global warming. It is suggested that governments should focus on and encourages GCETD, the use of REC, and TDOT to speed up the path toward zero emissions. Also, decision-makers should think about backing research and development investments in MGT as a potential way to reach zero CO2e in a knowledge-based economies.

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Data availability

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

Abbreviations

LR:

Long-run

CO2e:

Carbon dioxide emissions

CS-ARDL:

Cross-sectionally augmented autoregressive distributed lags

GCETD:

Global collaboration in environmental technology development

SPH:

Slope homogeneity

MGT:

Marine energy generation technologies

PMG:

Pooled mean group

NRs:

Natural resources

CSD:

Cross-section dependence

MDGs:

Millennium Development Goals

DOLS:

Dynamic ordinary least squares

GDPPC:

Gross domestic product per capita

TDOP:

Trade openness

URTs:

Panel unit root tests

URT:

Panel unit root test

CDF:

Cross-section augmented Dickey-Fuller

REC:

Renewable energy consumption

STBs:

Structural breaks

SR:

Short-run

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Authors and Affiliations

Authors

Contributions

Fan Wei: conceptualization, software; validation, supervision.

Faig Aghabalayev: data curation; formal analysis, investigation, methodology.

Manzoor Ahmad: writing—original draft; writing—review and editing.

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Correspondence to Faig Aghabalayev.

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The authors declare no competing interests.

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Responsible Editor: Arshian Sharif

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Fan, W., Aghabalayev, F. & Ahmad, M. The role of global collaboration in environmental technology development, natural resources, and marine energy generation technologies toward carbon neutrality in knowledge-based economies. Environ Sci Pollut Res 30, 75863–75878 (2023). https://doi.org/10.1007/s11356-023-27728-1

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  • DOI: https://doi.org/10.1007/s11356-023-27728-1

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