Exploring the effect of renewable energy on low-carbon sustainable development in the Belt and Road Initiative countries: evidence from the spatial-temporal perspective

2021 ◽  
Author(s):  
Jianhan He ◽  
Jianhua Chen ◽  
Hengming Peng ◽  
HaiLin Duan
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Belt And Road Initiative ◽  
Low Carbon ◽  
Temporal Perspective ◽  
Belt And Road ◽  
The Belt And Road

Exploring the Effect of Renewable Energy on Low-Carbon Sustainable Development in the Belt and Road Initiative Countries: Evidence From the Spatial-Temporal Perspective

2021 ◽  
Author(s):  
Jianhan He ◽  
Jianhua Chen ◽  
Hengming Peng ◽  
Hailin Duan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Capital Investment ◽  
Energy Intensity ◽  
Low Carbon ◽  
Temporal Perspective ◽  
Belt And Road ◽  
Cross Country ◽  
The Cross ◽  
The Belt And Road

Abstract The Belt and Road Initiative (BRI) has promoted the deployment of renewable energy to achieve sustainability. It is essential to reveal the influence of renewable energy on low-carbon economic development. The share of renewable energy consumption (SREC) is taken as the core explanatory variable in this paper, and its impacts on carbon emission intensity (CEI) and economic growth are investigated from the spatial-temporal perspective. First, the panel Granger causality test is applied for revealing the causal links among SREC, CEI, and economic growth during 1999-2017. Then, this paper investigates the impacts of SREC on economic growth and CEI through rigorous econometric techniques. Based on the regression results, Shapley value decomposition is utilized to account for the cross-country inequalities of economic growth and CEI. The main findings are as follows: (1) There exist bidirectional Granger causalities between SREC, economic growth, and CEI, which shows there is a systematic link between the three variables. (2) All models demonstrate the inverted U-shaped nexus between SREC and economic growth, indicating renewable energy deployment costs are urgent to be decreased with SREG increasing. Besides, capital investment and openness positively affect economic growth, but energy intensity has an opposite impact. (3) From the spatial heterogeneity perspective, the cross-country inequality in economic growth is primarily due to the regional inequality of capital investment, followed by energy intensity and SREC. By contrast, the impacts of labor and openness are negligible. (4) SREC has a negative effect on CEI. In addition, an inverted U-shaped nexus between economic growth and CEI is observed. Energy intensity positively affects CEI, while the impacts of urbanization and openness are insignificant. (5) From the spatial heterogeneity perspective, the cross-country CEI inequality is mostly caused by the inequality of energy intensity, followed by SREC, urbanization and economic growth, while the contribution of the openness gap is little. This article provides important implications for low-carbon development in the BRI countries.

scholarly journals The 2030 Agenda for Sustainable Development and China’s Belt and Road Initiative in Latin America and the Caribbean

2019 ◽  
Vol 11 (8) ◽  
pp. 2297 ◽  
Author(s):  
Yuanbo Li ◽  
Xufeng Zhu
Keyword(s):  
Sustainable Development ◽  
Latin America ◽  
Latin American ◽  
Belt And Road Initiative ◽  
2030 Agenda ◽  
Belt And Road ◽  
Development Goals ◽  
The Caribbean ◽  
Political Economic ◽  
The Belt And Road

During the initial implementation of the 2030 Agenda for Sustainable Development (the 2030 Agenda), the Second Ministerial Meeting of the Forum of China and the Community of Latin American and Caribbean States (CELAC) was held in Santiago, Chile, in January 2018. During this forum, China officially invited 33 countries in Latin America and the Caribbean (LAC) to join the Belt and Road Initiative (BRI). This study links three important global governance issues: The 2030 Agenda, China-LAC relations and BRI. The authors attempt to analyze how China’s BRI in the LAC region can learn from the 2030 Agenda of the United Nations with 17 sustainable development goals (SDGs). This study shows that although China and the LAC region have strong political, economic and trade relationships, they must deepen dialogues and cooperation on sustainable development, especially the 2030 Agenda with 17 SDGs, which can be inspirations for China’s BRI in this region. BRI, which aligns with the 2030 Agenda and contributes to Chinese experience in development, can generate new opportunities for the LAC region to implement such an agenda. However, the challenges and risks of BRI cannot be ignored, and adequate answers and solutions should be provided to allow BRI to achieve a win–win outcome for China and LAC countries. The authors also examine the alignment of China’s policies towards LAC and BRI with the 2030 Agenda (17 SDGs) and the involvement of each SDG in these policies as the 2030 Agenda (17 SDGs) should be considered in policy-making for China’s BRI in the LAC region. Moreover, on the basis of previous analyses, suggestions for a successful BRI in the LAC region in six sectors are proposed in the context the 2030 Agenda.

scholarly journals The Belt and Road Initiative and the Sustainable Development Goals

One Earth ◽  
2020 ◽  
Vol 3 (3) ◽  
pp. 263-267
Author(s):  
Wei Liu ◽  
Alice C. Hughes ◽  
Gulshan Sachdeva ◽  
Divya Narain ◽  
Taidong Zhou ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Belt And Road Initiative ◽  
The Sustainable Development ◽  
Belt And Road ◽  
Development Goals ◽  
The Belt And Road

scholarly journals Energy, environment and sustainable development of the belt and road initiative: The Chinese scenario and Western contributions

2020 ◽  
Vol 2 ◽  
pp. 100009 ◽  
Author(s):  
Renato Benintendi ◽  
Elena Merino Gòmez ◽  
Gianluigi De Mare ◽  
Antonio Nesticò ◽  
Gianpaolo Balsamo
Keyword(s):  
Sustainable Development ◽  
Belt And Road Initiative ◽  
Energy Environment ◽  
Belt And Road ◽  
The Belt And Road

scholarly journals CO2 emissions mitigation among energy importers and energy exporters along BRI countries. What role do renewable energy and nuclear energy play

2020 ◽  
Author(s):  
Jiying Wu ◽  
Olivier Joseph Abban
Keyword(s):  
Global Warming ◽  
Renewable Energy ◽  
Nuclear Energy ◽  
Fossil Fuel ◽  
Unit Root Test ◽  
Significant Negative Correlation ◽  
Belt And Road Initiative ◽  
Cross Sectional ◽  
Belt And Road ◽  
The Belt And Road

Abstract Background: In achieving the goal of sustainable development (Goal 13), United Nations has related global warming to greenhouse gas emissions in recent years. Emissions of carbon dioxide, are known to be the biggest contributor to global warming. Hence this study disaggregates energy consumption that is Nuclear energy, renewable energy and fossil fuel consumption and investigates their impact on CO2 emissions along the Belt and Road Initiative. Methods: This paper determined the cross-sectional dependency and utilized second generation panel unit root test for precise estimation. Westerlund cointegration test was used to determine the long-run equilibrium relationship among the variables. Lastly the Pooled Mean Group (PMG) estimation approach was applied to investigate the long and short run output elasticities between the variables. Results: The results indicates that; for energy importers, CO2 emissions has a significant positive correlation with Fossil fuel and nuclear energy, while renewable energy has a significant negative correlation with CO2 emissions. For energy exporting countries, a significant positive two-way relationship amidst Fossil fuel and CO2 emissions, and a significant negative one-way causal relationship from nuclear energy and renewable energy unto CO2 emissions. Conclusion: The results clearly show that in all panel grouping renewable energy contribute negatively on CO2 emissions, thus more implant of renewable system is need along the belt and road initiative. These recent methodologies employed and findings revealed that in a pollution reduction tender, causal affiliations are affected in a tender to reduce emissions along with long and short-term estimated effects among employed variables by the energy groupings of Belt and Road countries.

scholarly journals Sino-Italian political and economic cooperation: Perspectives and challenges

2021 ◽  
Vol 11 (21) ◽  
pp. 113-137
Author(s):  
Slobodan Popović
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
International Law ◽  
Economic Cooperation ◽  
Belt And Road Initiative ◽  
Mutual Trust ◽  
National Interests ◽  
Distribution Of Wealth ◽  
Belt And Road ◽  
The Belt And Road

The purpose of this article is to examine Sino-Italian political and economic cooperation. The first part of the paper reviews the still ongoing process of China`s ambitions to present itself as a 'non-Other' to the international society by carrying out economic development and political opening and offering the Belt and Road Initiative to international partners. However, Beijing still faces (un)justified accusation that it affects the implementation of the already established norms, principles and procedures of the international law, sustainable development, geopolitical order, and geoeconomic distribution of wealth. For the purpose of this research, our focus will be on Italian understanding of the maritime perspective of the Belt and Road Initiative. The second part examines tools that the two countries use for overcoming obstacles to political and economic cooperation, whilst striving not just to widen and strengthen mutual trust, sincerity, and pragmatism, but to protect national interests as well.

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