Growth of environmental sustainability

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Recent times have seen a significant emphasis on the need to achieve environmental sustainability while attaining economic expansion in emerging, developed, and developing nations. This study explores the impact of economic growth on carbon emissions reduction in an effort to provide potential policy choices for achieving sustainable development. From 1990 through 2017, annual panel data for 44 nations with emerging, developed, and developing economies were used. This nexus is explored on seven layers of carbon emissions to fill the gap in the literature. This work uses the system and difference general technique of moments, the Durbin-Wu-Hausman test model, and practical general least-squares estimation approaches to produce trustworthy and robust empirical findings. According to our research, carbon emissions from the electricity sector have been reduced for developed economies, and a rise in domestic lending to the private sector causes a reduction in all layers of carbon emissions. Nevertheless, a rise in the gross national product has a negative influence on transportation sector emissions. Increased domestic credit to the private sector in rising and developing countries causes an increase in emissions from the power sector, transportation sector, construction sector, other combustion industries, and other non-major sectors. Every economy has an increase in domestic savings, which raises all levels of carbon emissions. Our analysis offers comprehensive insights on the carbon emissions mitigation efforts by sector and economic group given the comparison to earlier studies that only concentrate on gross domestic product and overall carbon emissions.

The availability and quality of groundwater resources are substantially impacted by human activities as well as natural occurrences. But factors that contribute to groundwater depletion are frequently investigated from either a natural or a human-caused standpoint. There aren't many studies that have looked at both sorts of drivers and the connections between human behaviour and legislative actions. As a result, the causes of depletion have only been partially explained. In fact, the pace of replenishment and depletion of groundwater systems is substantially determined by both land use/land cover and climate change.