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Article
Publication date: 15 February 2024

Nurin Athilah Masron, Suhaiza Ismail and Zaini Zainol

The objectives of this study are twofold. Firstly, this study aims to examine the challenges of green public procurement (GPP) involvement among small- and medium-sized…

Abstract

Purpose

The objectives of this study are twofold. Firstly, this study aims to examine the challenges of green public procurement (GPP) involvement among small- and medium-sized enterprises (SMEs) government suppliers. Secondly, it investigates the differences in the perceived challenges between the small- and medium-sized groups of companies.

Design/methodology/approach

The study draws on the quantitative method. The questionnaire was distributed to SMEs that supply green goods or services to the government and which are listed in the MyHijau directory. Using convenience sampling, a total of 394 questionnaires were distributed and 126 usable questionnaires were received, representing a response rate of 31.98%. A descriptive analysis of the mean score, standard deviation and mean score ranking was used to analyse the overall results. The t-test analysis was carried out to examine the differences between the small- and medium-sized groups of companies.

Findings

All five categories of the barriers, i.e. financial, legal, people, knowledge and organizational challenges, are perceived as the important challenges for SMEs’ involvement in GPP. Of the five categories, “having lack of knowledgeable staff on GPP” under the category of “people” challenge is ranked as the most major barrier. In relation to the differences between the two groups of enterprises (small- and medium-sized), medium enterprises are more affected by two items under the “organization” challenge, i.e. “The company has not targeted suppliers that promote environmentally-friendly products/services” and “The company has not established a clear objective on purchase of green products and services”, as compared to the small-sized enterprises through their GPP involvement.

Social implications

By understanding the difficulties faced by SMEs in engaging with GPP, various practical measures can be formulated to support the SME businesses in mitigating the challenges faced for their involvement with GPP, which subsequently will lead to the country’s target to reach the sustainable development goals.

Originality/value

This study extends empirical evidence on barriers or challenges that may hinder the involvement in government green procurement, with a specific focus on SME government suppliers.

Details

Journal of Public Procurement, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1535-0118

Keywords

Open Access
Article
Publication date: 15 March 2024

Anis Jarboui, Emna Mnif, Nahed Zghidi and Zied Akrout

In an era marked by heightened geopolitical uncertainties, such as international conflicts and economic instability, the dynamics of energy markets assume paramount importance…

Abstract

Purpose

In an era marked by heightened geopolitical uncertainties, such as international conflicts and economic instability, the dynamics of energy markets assume paramount importance. Our study delves into this complex backdrop, focusing on the intricate interplay the between traditional and emerging energy sectors.

Design/methodology/approach

This study analyzes the interconnections among green financial assets, renewable energy markets, the geopolitical risk index and cryptocurrency carbon emissions from December 19, 2017 to February 15, 2023. We investigate these relationships using a novel time-frequency connectedness approach and machine learning methodology.

Findings

Our findings reveal that green energy stocks, except the PBW, exhibit the highest net transmission of volatility, followed by COAL. In contrast, CARBON emerges as the primary net recipient of volatility, followed by fuel energy assets. The frequency decomposition results also indicate that the long-term components serve as the primary source of directional volatility spillover, suggesting that volatility transmission among green stocks and energy assets tends to occur over a more extended period. The SHapley additive exPlanations (SHAP) results show that the green and fuel energy markets are negatively connected with geopolitical risks (GPRs). The results obtained through the SHAP analysis confirm the novel time-varying parameter vector autoregressive (TVP-VAR) frequency connectedness findings. The CARBON and PBW markets consistently experience spillover shocks from other markets in short and long-term horizons. The role of crude oil as a receiver or transmitter of shocks varies over time.

Originality/value

Green financial assets and clean energy play significant roles in the financial markets and reduce geopolitical risk. Our study employs a time-frequency connectedness approach to assess the interconnections among four markets' families: fuel, renewable energy, green stocks and carbon markets. We utilize the novel TVP-VAR approach, which allows for flexibility and enables us to measure net pairwise connectedness in both short and long-term horizons.

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 8 April 2024

Yayun Ren, Zhongmin Ding and Junxia Liu

The research objective of this paper is to investigate the direct and indirect impacts of green finance on agricultural carbon total factor productivity (ACTFP) within the…

Abstract

Purpose

The research objective of this paper is to investigate the direct and indirect impacts of green finance on agricultural carbon total factor productivity (ACTFP) within the framework of the carbon peaking and carbon neutrality (dual carbon) goals, while also identifying the driving factors through an exponential decomposition of ACTFP, aiming to provide policy recommendations to enhance financial support for low-carbon agricultural development.

Design/methodology/approach

In this paper, the Global Malmquist Luenberger (GML) Index method was employed to analyze and decompose the ACTFP, while the direct and spillover effects of China’s green finance pilot policy (GFPP) on ACTFP were assessed using the difference-in-differences (DID) method and the spatial differences-in-differences (SDID) method, respectively.

Findings

After the implementation of the GFPP, the ACTFP in the pilot area has experienced significant improvement, with the enhancement of technical efficiency serving as the main driving force. In addition, the GFPP exhibits a positive low-carbon spatial spillover effect, indicating it benefits ACTFP in both the pilot and adjacent areas.

Originality/value

Within the framework of the dual carbon goals, the paper highlights agriculture as a significant carbon emitter. ACTFP is assessed by considering the agricultural carbon emission factor as the sole non-desired output, and the impact of the GFPP on ACTFP is investigated through the DID method, thereby providing substantial validation of the hypotheses inferred from the mathematical model. Subsequently, the spillover effects of GFPP on ACTFP are analyzed in conjunction with the spatial econometric model.

Details

China Agricultural Economic Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 1 March 2024

Xing Li, Guiyang Zhang and Yong Qi

The purpose of this study is to explore how digital construction policy (DCP) drives enterprise green innovation (EGI) from an information processing theory (IPT) perspective…

Abstract

Purpose

The purpose of this study is to explore how digital construction policy (DCP) drives enterprise green innovation (EGI) from an information processing theory (IPT) perspective, including the mediating mechanisms of market information accessibility and operational risk, the moderating role of intellectual property protection (IPP) and product market competition (PMC) and the heterogeneous effects of ownership, Internet development and managerial ability.

Design/methodology/approach

Based on the matched panel data of A-share listed enterprises from 2011 to 2019 and the Broadband China policy as a quasinatural experiment, this study investigates the impact of DCP on EGI by constructing a multi-time point difference-indifferences (DID) model.

Findings

Digital construction policies can significantly promote EGI. DCP works in two fundamental ways, namely by increasing market information accessibility and reducing operational risk. IPP and PMC significantly increased the contribution of digital construction policies to EGI. Heterogeneity analysis found that digital technology has a stronger promotion effect for SOEs, high-managerial-ability enterprises and enterprises in regions with low Internet development levels.

Practical implications

The study provides new insights about the antecedents of EGI from a DCP perspective. It also enlightens emerging economies to actualize green innovation under the digital wave.

Originality/value

From the perspective of IPT, this study explains the mechanism of DCP-driven EGI. It enhances understanding of the relationship between DCP and EGI.

Details

European Journal of Innovation Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1460-1060

Keywords

Open Access
Article
Publication date: 5 March 2024

Yogeeswari Subramaniam and Nanthakumar Loganathan

Given the importance of green finance in a discussion of energy efficiency and clean energy, it is critical to evaluate its implications for the growth of renewable energy. This…

Abstract

Purpose

Given the importance of green finance in a discussion of energy efficiency and clean energy, it is critical to evaluate its implications for the growth of renewable energy. This study examines the impact of green finance on renewable energy development in Singapore.

Design/methodology/approach

The dynamic ordinary least squares (DOLS) regression was used in this work to test such a connection.

Findings

Using the DOLS for the period 2000–2020, it was discovered that green finance aids renewable energy development in Singapore. Additionally, the findings revealed that economic growth, oil prices, energy consumption, carbon dioxide emissions and institutional factors are all positively associated with renewable energy growth, resulting in a boost in renewable energy development.

Research limitations/implications

Hence, as a result, the monetary authorities of Singapore, such as financial institutions, non-governmental organisations and corporations, should prioritise renewable energy projects under green finance initiatives to boost renewable energy growth. This may assist in raising investment flows to green projects; hence, accelerating the adoption of renewable energy.

Originality/value

Increased Singapore's initiatives to accelerate green finance have prompted this study to examine the research question of whether green finance has a significant impact on renewable energy growth. Thus, to the best of the authors’ knowledge, this will be the first empirical study to explore the impact of green finance on renewable energy growth in the case of Singapore.

Details

Journal of Asian Business and Economic Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2515-964X

Keywords

Article
Publication date: 2 February 2024

Jinhua Xu, Feisan Ye and Xiaoxia Li

This paper aims to empirically investigate the impact of the carbon intensity constraint policy (CICP) on green innovation.

Abstract

Purpose

This paper aims to empirically investigate the impact of the carbon intensity constraint policy (CICP) on green innovation.

Design/methodology/approach

This study takes the implementation of the CICP as a quasi-natural experiment and uses a quasi–difference-in-difference method to investigate the impact of the CICP on firm green innovation from a microeconomic perspective.

Findings

The CICP significantly limits the quality of firms’ green innovation. Among the range of green patents, the CICP distorts only patents related to CO2 emissions. The inhibitory effect is more pronounced in non-state-owned enterprises and heavily polluting firms. R&D investment and green investor are identified as the main mechanism.

Practical implications

These findings provide evidence for the influence of the CICP on firm green innovation, which can guide policymakers in China and other emerging economies that prioritize carbon intensity constraint targets and the improvement of relevant auxiliary measures.

Social implications

Governments and firms should have a comprehensive understanding of environmental policies and corporate behavior and need to mitigate the negative impact through a combination of measures.

Originality/value

This study contributes to the literature by providing additional empirical evidence regarding the two opposing sides of the ongoing debate on the positive or negative effects of CICP. It also provides new evidence on the policy effect of the CICP on firm green innovation, together with its mechanisms and heterogeneous influences.

Details

Sustainability Accounting, Management and Policy Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2040-8021

Keywords

Article
Publication date: 12 June 2023

Jilin Tian

This paper analyzes the effect of the Belt and Road Initiative (BRI) on firm green innovation upgrading using data on Chinese firms between 2009 and 2021.

Abstract

Purpose

This paper analyzes the effect of the Belt and Road Initiative (BRI) on firm green innovation upgrading using data on Chinese firms between 2009 and 2021.

Design/methodology/approach

The author adopts the staggered difference-in-difference (DID) method to estimate regressions, treating the proposal of the BRI in 2013 as a policy shock. Our analysis yields few findings.

Findings

The author yields few findings. First, the BRI can significantly promote Chinese firms green innovation upgrading. Specifically, the BRI can promote firm green innovation upgrading by 0.9%. Second, the BRI mainly promotes firms green innovation upgrading by promoting firms to increase green entrepreneurship, cooperative innovation and environmental investment. Finally, the BRI has a greater impact on the green innovation upgrading of firms in the digital industrialization industry rather than digital industry and firms with low pollution emissions rather than firms with high-pollution emissions. This research indicates that the BRI is not only an important platform for sustainable development and also an important opportunity for green entrepreneurship.

Research limitations/implications

First, due to the low quality of data and the lack of detailed information on some firms' patents owned after 2018, fully applying data of all years for regression was not possible. Second, the author did not construct a theoretical model to explore the impact of the BRI on green innovation upgrading of firms from the perspective of outward foreign direct investment (OFDI), which is also the direction of future research. Finally, there are still some unexplored mechanisms of the BRI on firms green innovation upgrading, which should be further explored in the future.

Originality/value

First, from the micro perspective, the author measures the quality of firms' green patents, further measuring the firms' green innovation upgrading. Second, the author discusses the impact of the BRI on firm green innovation upgrading with the method of staggered DID, so that the policy effect of the BRI can be more accurately evaluated. Third, the author comprehensively analyzes the mechanism of cooperative innovation and green infrastructure investment, as well as analyzing the heterogeneity from the perspective of industry digital transformation and firm pollution emissions. Lastly, the author provides specific paths for firms to make high-quality investment from the green BRI construction.

Details

Management Decision, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 28 February 2023

Emmanuel Otchere-Darko, Laura Atuah, Richard Opoku and Christian Koranteng

Green roofs are strategies for the ecological intensification of cities and a measure of meeting some of the sustainable development goals (SDGs). They have widely been adopted as…

Abstract

Purpose

Green roofs are strategies for the ecological intensification of cities and a measure of meeting some of the sustainable development goals (SDGs). They have widely been adopted as an adaptation strategy against an urban heat island (UHI). However, they are conventionally soil-based making it difficult and expensive to adopt as a strategy for greening existing buildings (GEB). This paper, therefore, develops a novel green roof system using climbers for thermal-radiative performance. The paper explores the vitality of climbing species as a nature-based strategy for GEB, and for the ecological improvement of the predominantly used cool roofs in sub-Saharan Africa (SSA).

Design/methodology/approach

Simulation for the same building Kejetia Central Market (KCM) Redevelopment; the existing aluminium roof (AL), soil-based extensive green roof (GR1) and the proposed green roof using climbing plants (GR2) were performed using ENVI-met. The AL and GR1 were developed as reference models to evaluate and compare thermal-radiative performance of the conceptual model (GR2). The long wave radiation emission (Qlw), mean radiant temperature (MRT) and outdoor air temperature (Ta) of all three roofing systems were simulated under clear sky conditions to assess the performance and plant vitality considering water access, leaf temperature (Tf) and latent heat flux (LE0) of GR1 and GR2.

Findings

There was no short wave radiation (Qsw) absorption at the GR2 substrate since the climbers have no underlying soil mass, recording daily mean average Qlw emission of 435.17 Wm−2. The soil of GR1, however, absorbed Qsw of 390.11 Wm−2 and a Qlw emission of 16.20 wm−2 higher than the GR2. The AL recorded the lowest Qlw value of 75.43 Wm−2. Also, the stomatal resistance (rs) was higher in GR1 while GR2 recorded a higher average mean transpiration flux of 0.03 g/sm3. This indicates a higher chance of survival of the climbers. The Ta of GR2 recording 0.45°C lower than the GR1 could be a good UHI adaptation strategy.

Research limitations/implications

No previous research on climbers for green roof systems was found for comparison, so the KCM project provided a unique confluence of dynamic events including the opportunity for block-scale impact assessment of the proposed GEB strategy. Notwithstanding, the single case study allowed a focussed exploration of the novel theory of redefining green roof systems with climbers. Moreover, the simulation was computationally expensive, and engaging multiple case studies were found to be overly exhaustive to arrive at the same meaningful conclusion. As a novelty, therefore, this research provides an alternative theory to the soil-based green roof phenomenon.

Practical implications

The thermal-radiative performance of green roofs could be improved with the use of climbers. The reduction of the intensity of UHI would lead to improved thermal comfort and building energy savings. Also, very little dependence on the volume of soil would require little structural load consideration thereby leading not only to cheaper green roof construction but their higher demand, adoption and implementation in SSA and other low-income economies of the global south.

Social implications

The reduction of the consumption of topsoil and water for irrigation could avoid the negative environmental impacts of land degradation and pollution which have a deleterious impact on human health. This fulfils SDG 12 which seeks to ensure responsible consumption of products. This requires the need to advance the research for improvement and training of local built environment practitioners with new skills for installation to ensure social inclusiveness in the combat against the intractable forces of negative climate impacts.

Originality/value

Climbers are mostly known for green walls, but their innovative use for green roof systems has not been attempted and adopted; it could present a cost-effective strategy for the GEB. The proposed green roof system with climbers apart from becoming a successful strategy for UHI adaptation was also able to record an estimated 568% savings on topsoil consumption with an impact on the reduction of pollution from excavation. The research provides an initial insight into design options, potentials and limitations on the use of climbers for green roofs to guide future research and experimental verification.

Details

International Journal of Building Pathology and Adaptation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2398-4708

Keywords

Open Access
Article
Publication date: 14 March 2024

Congyu Zhao

The purpose of this study is to explore the causal relationship between smart transportation technology innovation and green transportation efficiency.

Abstract

Purpose

The purpose of this study is to explore the causal relationship between smart transportation technology innovation and green transportation efficiency.

Design/methodology/approach

A comprehensive framework is used in this paper to assess the level of green transportation efficiency in China based on the instrumental variable – generalized method of moments model, followed by an examination of the impact of innovation in smart transportation technology on green transportation efficiency. Additionally, their non-linear relationship is explored, as are their important moderating and mediating effects.

Findings

The findings indicate that, first, the efficiency of green transportation is significantly enhanced by innovation in smart transportation technology, which means that investing in such technologies contributes to improving green transportation efficiency. Second, in areas where green transportation efficiency is initially low, smart transportation technology innovation exerts a particularly potent influence in driving green transportation efficiency, which underscores the pivotal role of such innovation in bolstering efficiency when it is lacking. Third, the relationship between smart transportation technology innovation and green transportation efficiency is moderated by information and communication technology, and the influence of smart transportation technology innovation on green transportation efficiency is realized through an increase in energy efficiency and carbon emissions efficiency.

Originality/value

Advancing green transportation is essential in establishing a low-carbon trajectory within the transportation sector.

Details

Smart and Resilient Transportation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2632-0487

Keywords

Article
Publication date: 2 April 2024

Nurin Athilah Masron, Zaini Zainol and Suhaiza Ismail

The objectives of this paper are twofold. First, it aims to investigate the impact of the COVID-19 pandemic on the activities and performance of small and medium-sized enterprises…

Abstract

Purpose

The objectives of this paper are twofold. First, it aims to investigate the impact of the COVID-19 pandemic on the activities and performance of small and medium-sized enterprises (SMEs) government suppliers involved in government green procurement (GGP). Second, it examines the differences in the impact of COVID-19 between small and medium-sized groups.

Design/methodology/approach

The study used a questionnaire survey that was distributed to SMEs listed in the MyHIJAU directory that supply green goods and services to the government. Of the total 394 sample respondents, 126 usable questionnaires were received, representing a usable response rate of 31.98%. Descriptive analysis of mean score, standard deviation and mean score ranking was used to analyse the overall results. A t-test analysis was carried out to examine the differences between the small and medium-sized groups of companies.

Findings

The study discovers that the SME government suppliers involved in GGP were impacted by the COVID-19 pandemic. The top ranked impacts are that “the COVID-19 pandemic has heightened health and safety practices among the employees”, “the COVID-19 pandemic has reduced company’s turnover”, “the COVID-19 pandemic has forced the company to implement a cost reduction strategy”, “the COVID-19 pandemic has had a negative impact on the company’s ability to deliver work, supplies or services to the government” and “the COVID-19 pandemic has forced the company to incur higher production costs for green products or services provided”. However, there is no significant difference between the impact of the COVID-19 pandemic on the small and medium-sized group of enterprises.

Originality/value

The present study is among the fewer studies on the impact of the COVID-19 pandemic, with particular focus on SME government suppliers involved in GGP.

Details

Journal of Economic and Administrative Sciences, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1026-4116

Keywords

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