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Growing environmental challenge awareness among consumers is today's business reality that pushes for sustainable product development. Governments, industries, and consumers' attention are significantly moved from traditional products to eco-friendly product development. Green product development is the future for manufacturing businesses' survival in most markets. Green product development is an emerging phenomenon and, unfortunately, lacks theoretical and empirical research regarding effective organizational policies and practices for green product development. This study aims at filling research gaps towards green product development by highlighting green employee aspects influenced by leadership for sustainable business growth. The study hypothesized relations between the green effect of transformational leadership on green product development as an outcome through green behaviour, green climate, and green innovative creativity. Data was collected from small and medium enterprises (SMEs) of Karachi through a self-administered survey questionnaire. Results revealed significant support for hypothesized relations through the partial least square statistical tool. This study contributes theoretical and empirical advancement in past literature wherein leadership style influences employee behaviour that leads to predict product development from an environmental perspective. Study inferences suggest for visionary green leadership style for sustainable business growth. Limitations of this study regarding other variable inclusiveness, sampling, and geography are potential extensions for further scholarly investigation.

Since the 1970s, the sustainable development was developed from science and environmental crusade. Since then, there were many programs done in the field but not named as “Sustainable Development.” The environments have affected because of the process of the development which was noticed by the world community. Malaysia has made a commitment to the 2030 Agenda in September 2015 for the future of mother earth. Despite the increasing attention toward sustainable development and circular economy across the world, understanding of the potential sustainability synergy among developing countries remains sluggish. This chapter therefore briefly discusses the development of circular economy within developed and developing countries. The chapter then narrowed the discussion toward Malaysian practices of the circular economy. Malaysia also recorded among the countries that faced waste management issues in Asia. The detailed discussion includes Malaysian acceptance and initiatives in reaching a circular economy within the past years, present, and future. The discussion surrounds the circular economy practiced by Malaysian industrial players as well as government's initiatives in encouraging and educating Malaysian toward embracing the idea of circular economy and sustainable consumption. As most countries embrace green technologies, Malaysia has taken proactive steps toward adopting green technology. Among the four main policy priorities are energy, environment, economy, and social, the key to green technology in driving the country's economy while promoting sustainable development. In fact, the major economic drivers of the Malaysian economy involve industrial activities such as palm oil, mining, and manufacturing, which are now beginning to take steps toward the development of green technology development. The application of green technology can provide a balance between economic development and environmental preservation as well as solutions to climate change issues. The initiative aims to make Malaysia one of the best countries in the world with sustainable economic growth, innovation, and prosperous citizens by 2050.

Sustainable development is inseparable from rational and responsible use of resources and promotion of green entrepreneurship. The contemporary green development agenda encompasses climate, economic, technical, social, cultural, and political dimensions. International efforts to greening the global development are conducted by the major economies, including China as the world’s largest consumer of energy and the biggest emitter of greenhouse gases. China is aware of its environmental problems, as well as of its part of the overall responsibility for the accomplishment of the sustainable development goals. By means of the decarbonization efforts, the latter are integrated both into the national development agenda (the concept of ecological civilization) and China’s international initiatives (the greening narrative within the Belt and Road Initiative). Over the past decade, China has made a breakthrough on the way to promoting green entrepreneurship and greening of its development (better quality of air and water, renewable energy, electric vehicles, and organic farming). On the other hand, emissions remain high, agricultural land loses productivity, and freshwater resources degrade due to climate change. In conventional industries (oil, coal mining, and electric and thermal energy), decarbonization faces an array of impediments. In this chapter, the authors summarize fundamental provisions of China’s approach to building an ecological civilization and measures to reduce emissions and achieve the carbon neutrality status within the nearest decades. The analysis of obstacles to the decarbonization of the economy and possible prospects for the development of green entrepreneurship summarizes China’s practices for possible use in other countries.

Section 6.1 explores the prerequisites for the formation and features of the development of the National Strategy for Sustainable Development of the Republic of Belarus, which is a complex of scientifically grounded directions for solving national problems that are closely interrelated with world development. During the years of the state sovereignty of Belarus, three national strategies of sustainable development were developed and adopted by the government. The strategic goal of sustainable development in the latter national strategy is to ensure high living standards of the population and conditions for the harmonious development of the individual through the transition to a highly efficient economy based on knowledge and innovation, while maintaining a favorable environment for current and future generations. The objectives of sustainable development, defined in the strategy for the first five years, are detailed in the National Action Plan for the Development of a Green Economy in the Republic of Belarus until 2020.

In Section 6.2, it is noted that the green economy is becoming a new engine of growth, contributes to the creation of decent jobs, and is a vital factor in the eradication of poverty and destitution. The main factors of the transition to a green economy and the main directions of its development in the Republic of Belarus are outlined.

In Section 6.3 the features of the concept of circular economy and the formation of business models for its implementation are analyzed. The study concluded that the concept of sustainable development is a theoretical model of the desired future of mankind, and the green and circular economies provide very specific projects for the practical implementation of the sustainable development paradigm.

China is a significant energy consumer with increasingly severe resource constraints and environmental problems, requiring low-carbon energy transformation and encouraging high-quality energy development (HED). Green finance significantly affects the effect on HED as a cutting-edge financial strategy to support environmental improvement and encourage green development.

Using panel data from 30 provinces from 2007 to 2019 and the system-generalized method of moments method, this paper investigates the impact of green finance on HED, and further explores their threshold effect, heterogeneous and asymmetry analysis.

The main results indicate that: (1) green finance positively affects HED in China; in other words, a 1% increase in the green finance index will boost HED by an average of 0.767%; (2) as the economy improves, the positive impact of green finance on HED will be even more significant and (3) the contribution of green finance to HED is more significant in the northern provinces and areas with lower HED levels.

This paper puts forward relevant policy suggestions to further improve the construction of the green financial system.

The purposes of this study are to contribute to the limited green growth (GG) literature in emerging markets, to analyze GG from a financial economy perspective and to determine the contribution of financial development and innovation to GG in Brazil, Russian Federation, India, China and South Africa and Türkiye (BRICS-T). BRICS-T countries significantly impact the world population, international politics, energy resources and economy. In addition, BRICS-T countries are one of the leading countries in the world with their sustainability efforts. Investigating the GG model in these countries may contribute to structuring emerging economies around the principles of GG and advancing global green transformation efforts.

The authors applied panel data analysis from 2001 to 2019. GG is economic growth free from environmental depletion in the model. National income, personnel expenditure and foreign direct investments are macroeconomic variables. These variables measure economic development and promote economic and social progress, which is essential for GG. Capital accumulation and innovation are essential tools in GG transformation. Therefore, financial development and patent applications represent the moderating variables. The authors estimate the fixed effect model with Parks-Kmenta robust.

Empirical results show that national income growth and foreign direct investments positively affect GG. Personnel expenditure negatively affects GG. On the contrary, financial development and patent growth have little moderating role.

This study contributes to the literature on creating a GG model in emerging countries. The study is original in its model and sample.

This chapter stands for justification of growing demand for supporting new theoretical and methodological approaches in development of an actual green economy’s financial framework taking into consideration modern growing risks in the ecological, economic, social, and geopolitical environments. A notable increase in environmental expenditures of both national economies and international financial institutions is determined by the global state of the economy. The climate change has been caused by escalating the energy supply struggle, the nature exhaustion, and the need for providing balance to the market stating green economy regulators. The main aim of this chapter is to study the trends and the key state green finance regulation points. The research goal could be achieved through highlighting the nature of green finance and its framework; studying the concept of green finance and innovative financial tools’ development, providing green economy’s development; and spotting trends and imperatives of regional regulation of green finance. This chapter highlights the necessity for implementing complex systemic and methodologic approaches in making the green finance framework, summarizing leading practices in green funding and green economy’s funds raising, considering limits in green finance tools’ utilization in current conditions, strengthening the power of both federal and regional authorities in solving financial problems of energy saving, and extending the practices of companies and institutions’ green financial tools’ utilization. The necessity for a green sustainable development across the globe has driven this research to use different types of instruments to point out the benefits of such a development. In addition, green finance state regulation tools have been proposed.

As an important measure to promote sustainable development, green finance has developed rapidly in recent years. In order to comprehensively analyze the positive and negative indicators of the influencing factors of green finance, this paper puts forward a grey relational method of spatial-temporal panel data from the perspective of the development trend of the object dimension indicators and the performance difference between the time dimension indicators.

From the different perspectives of object dimension and time dimension, the positive and negative indicators are standardized differently considering the reverse of indicators and characterizing factors. The grey absolute relational degree is used to define the matrix sequence. This method reflects the development trend of objects in time and the difference characteristics among objects, which comprehensively represents the correlation between the reference panel and the comparison panel.

The results show that: (1) The object dimension reflects the internal driving force of the development of green finance in each provincial administrative region and the time dimension reflects the relationship between regional differences of influencing factors and green finance. (2) From the object dimension, the influencing factors of green finance from high to low are economic development potential, economic development level, air temperature, policy support, green innovation and air quality. (3) From the time dimension, the influencing factors of green finance from high to low are green innovation, air quality, economic development potential, economic development level, policy support and air temperature.

The different standardized processing methods of positive and negative indicators proposed in this paper not only eliminate the sample dimension, but also study the grey relational degree among the indicator panels from different reference dimensions. The proposed model is applied to identify the influencing factors of green finance, which expands the practical application scope of the grey relational model. The research results can provide reference for relevant departments to better promote the development of green finance.

Green building development practices reduce carbon footprint and promote sustainability in the built environment. To foster green building construction in Malaysia, several strategies and sustainability metrics like the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST) have been established. Yet, the implementation of green office building development in Sarawak still remains low. Therefore, the purpose of this paper is to develop MyCREST Embedded Framework (MEF) for enhancing the adoption of green office building construction in Sarawak.

To achieve the research aim, document analysis of the overarching MyCREST Reference Guide was conducted. Then, questionnaire was used to survey 120 green construction professionals in Kuching, the capital of Sarawak. Afterwards, data from the questionnaire was analyzed using Statistical Package for Social Science software version 22. As a result, the significant strategies for enhancing the adoption of green office building construction in Sarawak were identified, and ranked hierarchically using the Relative Importance Index.

The established significant strategies include: government policies and incentives, sustainable technological practices, defined process for executing green building projects and adequate information for the public. Moreover, this study recommends MyCREST as the suitable Green Building Assessment Tool for developing green office buildings in Sarawak due to its integration of carbon reduction strategies with sustainability indicators.

This study is limited to Kuching; hence future study should be extended to other cities in Sarawak.

Based on the findings, the MEF is developed to enlighten the industry practitioners on the approaches that will elevate green office building development in Sarawak.

The purpose of this study is to develop a framework to guide green cities development in developing countries. The study adapted and validated indicators that can be adopted, to predict, estimate, depict and measure green city development in developing countries. In using a covariance-based structural equation model (CBSEM), the study developed a framework for green cities development in developing countries using Kumasi city (Ghana) as a case study.

To test the proposed framework, a quantitative methodology was used, in which, data was collected using research questionnaires that targeted a sample of 200 green city experts. In total, 154 useable questionnaires were retrieved, representing a response rate of 77%. The confirmatory and exploratory factor analyses were adopted in a CBSEM.

The indices reported were indicative that the model/framework is a good fit for the data. This points to the direction that the model for measuring green city development was statistically significant and acceptable. The results of the confirmatory factor analysis revealed a robust fit of the indices, as they met the standardised cut-off points and as such the model fits the data.

This novel research is one of the few studies investigating green cities development in Ghana which could serve as a lesson for other developing countries. The proposed green city framework will serve as a guide to stakeholders in identifying the key indicators/factors that are critical to green city development in developing countries, especially Ghanaian cities.

This study proposed a green city framework to guide the development of green cities based on the local context of Ghana.