scholarly journals Assessing the Role of the Green Finance Index in Environmental Pollution Reduction

2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Sajid Iqbal ◽  
Farhad Taghizadeh-Hesary ◽  
Muhammad Mohsin ◽  
Wasim Iqbal

A substantial amount of green finance is required for the transition to green energy, in order to control global warming. We used a common weight DEA composite indicator to develop a green finance index to measure the combined effects of energy, environment, and financial variables. The resulting green finance index values range from 0.98 to 0.71. According to results, Iceland and Nepal both have a score of 1.00, while Australia is third with 0.98 and Malta the lowest value of 0.71. The UK has a score of 0.23 and India has a score of 0.15.  The findings of this study offer an understanding of the role of green finance in environmental pollution reduction. We suggest several policy implications or solutions for governments, institutions, industries and the public to work towards environmental pollution reduction.A substantial amount of green finance is required for the transition to green energy, in order to control global warming. We used a common weight DEA composite indicator to develop a green finance index to measure the combined effects of energy, environment, and financial variables. The resulting green finance index values range from 0.98 to 0.71. According to results, Iceland and Nepal both have a score of 1.00, while Australia is third with 0.98 and Malta the lowest value of 0.71. The UK has a score of 0.23 and India has a score of 0.15.  The findings of this study offer an understanding of the role of green finance in environmental pollution reduction. We suggest several policy implications or solutions for governments, institutions, industries and the public to work towards environmental pollution reduction.

BMJ Open ◽  
2019 ◽  
Vol 9 (3) ◽  
pp. e024563
Author(s):  
Lauren Schofield ◽  
David Walsh ◽  
Zhiqiang Feng ◽  
Duncan Buchanan ◽  
Chris Dibben ◽  
...  

ObjectivesIt has been proposed that part of the explanation for higher mortality in Scotland compared with England and Wales, and Glasgow compared with other UK cities, relates to greater ethnic diversity in England and Wales. We sought to assess the extent to which this excess was attenuated by adjusting for ethnicity. We additionally explored the role of country of birth in any observed differences.SettingScotland and England and Wales; Glasgow and Manchester.ParticipantsWe used the Scottish Longitudinal Study and the Office for National Statistics Longitudinal Study of England and Wales (2001–2010). Participants (362 491 in total) were aged 35–74 years at baseline.Primary outcome measuresRisk of all-cause mortality between 35 and 74 years old in Scotland and England and Wales, and in Glasgow and Manchester, adjusting for age, gender, socioeconomic position (SEP), ethnicity and country of birth.Results18% of the Manchester sample was non-White compared with 3% in Glasgow (England and Wales: 10.4%; Scotland: 1.2%). The mortality incidence rate ratio was 1.33 (95% CI 1.13 to 1.56) in Glasgow compared with Manchester. This reduced to 1.25 (1.07 to 1.47) adjusting for SEP, and to 1.20 (1.02 to 1.42) adjusting for ethnicity and country of birth. For Scotland versus England and Wales, the corresponding figures were 18% higher mortality, reducing to 10%, and then 7%. Non-Whites born outside the UK had lower mortality. In the Scottish samples only, non-Whites born in the UK had significantly higher mortality than Whites born in the UK.ConclusionsThe research supports the hypothesis that ethnic diversity and migration from outside UK play a role in explaining Scottish excess mortality. In Glasgow especially, however, a large excess remains: thus, previously articulated policy implications (addressing poverty, vulnerability and inequality) still apply.


Youth Justice ◽  
2019 ◽  
Vol 20 (1-2) ◽  
pp. 113-127
Author(s):  
Ross Deuchar

This article explores the links between gangs, masculinity, religion, spirituality and desistance from an international perspective. It presents insights from life history interviews conducted with a small sample of 17 male reforming gang members in Denmark who had become immersed in a holistic spiritual intervention programme that foregrounded meditation, yoga and dynamic breathing techniques. Engagement with the programme enabled the men to begin to perform broader versions of masculinity, experience improved mental health and well-being and develop a greater commitment to criminal desistance. Links with religious and spiritual engagement are discussed, and policy implications for the UK gang context included.


2021 ◽  
Vol 19 (3) ◽  
pp. 503-519
Author(s):  
Wen-Hsiang Chiu ◽  
Wen Cheng Lin ◽  
Chiung-Ju Liang

In order to achieve the goal of "non-nuclear homeland and realize the policy target that renewable energy accounts for 20% of power generation, the Taiwan government has actively promoted the integration of energy generation. Many small and medium-sized enterprises or start-up companies are faced with the challenge of financing their business expansion. This paper adopted document analysis method to seek more diversified financing channels compared with traditional ways of financing and lending from financial institutions, the combination of fintech and the power of the masses, such as crowdfunding, has become one of the emerging financial instruments for the development of green energy industry. Finally, the empirical result is compared main region about the community renewable energy projects and realized how to obtain renewable energy resources through new financing source. The study will be providing related reference to decision-making of country which plan to develop renewable energy projects.


2013 ◽  
Vol 19 (2) ◽  
pp. 87-101 ◽  
Author(s):  
Juliet Carpenter ◽  
James Simmie ◽  
Elisa Conti ◽  
Fabiana Povinelli ◽  
Joschka Milan Kipshagen

This paper seeks to explore the issues of innovation and new path creation in the UK and Germany, illustrated through the case of the modern wind power industry. Taking an evolutionary perspective drawing on path dependence theory, the paper examines the role of niche environments in the creation of new economic pathways. The research finds that new economic pathways are more likely to develop in places where niche conditions provide receptive environments for innovations to flourish. The policy implications of the research include the importance of supporting niche environments that encourage growth in new sectors and the need for financial support to bring innovations to market, to encourage the development of new economic pathways.


2021 ◽  
Vol 13 (3) ◽  
Author(s):  
Ibrahim Raheem ◽  
Ismail O. Fasanya ◽  
Agboola H. Yusuf

The REITs market has attracted a lot of interest among the academic, policymakers, and market participants. The linkages between REITs and macroeconomic and financial variables have been adequately explored in the literature, with more emphasis on linear models. This study expands the frontier of knowledge by examining the role of uncertainty in the comovement/spillover between REITs and the currency markets. Some interesting results were observed. First, using the Diebold and Yilmaz (2012) spillover test, we find that there is strong connectedness between the REITs and currency markets. Second, the BDS test shows that nonlinearity is a very crucial factor to be put into consideration when examining the role of EPU in affecting the interactions between REITs and exchange rate markets. Third, the non-parametric causality-in-quantile test confirms that the connectedness between the markets and EPU is stronger around the lower and middle quantiles. These results have important policy implications for policymakers and market participants. The study also offers suggestions for future research.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chuc Anh Tu ◽  
Ehsan Rasoulinezhad

PurposeOne of the major negative effects of the Coronavirus outbreak worldwide has been reduced investment in green energy projects and energy efficiency. The main purpose of this paper is to study the role of green bond proposed by the World Bank in 2008, as a reliable instrument to enhance the capital flow in energy efficiency financing and to develop green energy resources during and post the current challenging global time.Design/methodology/approachWe model energy efficiency for 37 members of OECD through a panel data framework and quarterly data over 2007Q1–2020Q4.FindingsThe major results reveal the positive impacts of issued green bonds and regulatory quality index on energy efficiency, while any increase in inflation rate and urbanization decelerates the progress of raising energy efficiency.Practical implicationsAs highlighted concluding remarks and policy implications, it can be expressed that the tool of green bond is a potential policy to drive-up energy efficiency financing and enhancing environmental quality during and post-COVID period. It is recommended to follow green bond policy with an efficient regulation framework and urbanization saving energy planning.Originality/valueTo the best of the authors' knowledge, although a few scholars have investigated the impacts of COVID-19 on green financing or examined the energy efficiency financing, the matter of modeling energy efficiency–green bond relationship has not been addressed by any academic study. The contributions of this paper to the existing literature are: (1) it is the first academic study to discover the relationship between energy efficiency and green bond in OECD countries, (2) since our empirical part provides estimation results based on quarterly data covering the year of 2019 and 2020, it may offer some new policy implications to enhance energy efficiency financing in and post-COVID period, (3) furthermore, we consider energy efficiency indicator (mix of industrial, residential, services and transport energy efficiency) as the dependent variable instead of using the simple energy intensity variable as a proxy for energy efficiency.


Author(s):  
Feryad A. Hussain

Radicalisation to violent action is not just a problem in foreign lands. Research has identified numerous politico–psychosocial factors to explain why young people from the UK are now joining terrorist groups such as ISIS. Our understanding has been expanded by the accounts of “returnees” who have subsequently either self-deradicalised or joined a government deradicalisation programme in the role of an Intervention Provider (IP). These individuals are now key to the deradicalisation programme. This article presents the reflections of a clinical psychologist who worked within a social healthcare team managing psychosocial issues related to radicalisation, in conjunction with an allocated IP. The project involved individuals from the Muslim community and, as such, issues discussed are specific to this group. It is acknowledged that the process in general is universally applicable to all groups though specifics may vary (under Trust agreement, details may not be discussed). This article also aims to share basic information on the current Home Office deradicalisation programme and raises questions about the current intervention. It also offers reflections on how the work of IPs may be facilitated and supported by clinical/counselling psychologists and psychotherapists.


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