Coupling of cryptocurrency trading with the sustainable environmental goals: Is it on the cards?

Fairouz Mustafa, Suman Lodh, Monomita Nandy and Vikas Kumar

Business Strategy and the Environment, 2022, vol. 31, issue 3, 1152-1168

Abstract: Following the systematic review and bibliometric analysis of current literature, this paper attempts to investigate whether the wealth generated through cryptocurrency trading can assist in attaining the United Nations' (UN) sustainable development goal (SDG) 7, affordable and clean energy and UN SDG 13 related to climate action. The critical analysis of literature indicates a growing interest in cryptocurrency, the UN's SDGs and the negative effect that crypto mining has on the use of enormous energy. However, there is a clear gap in the literature that focuses on the possibility of using the wealth generated through cryptocurrency trading in financing environmentally friendly projects and attaining the UN's SDG 7 and SDG 13. The findings and the future research direction of this study aim to firstly expand the academic literature related to SDG 7 and SDG 13 and secondly to examine the relationship between cryptocurrency and sustainability even during an uncertain period. This study provides evidence pertaining to the theoretical models that can be applied within discussion of the complex relationship between cryptocurrency, clean energy and climate action. Our findings will provide policymakers with information regarding actions that need to be taken in order to convert cryptocurrency generated wealth and consequently attaining sustainable socio‐economic goals in the future.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://doi.org/10.1002/bse.2947

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:bstrat:v:31:y:2022:i:3:p:1152-1168

Ordering information: This journal article can be ordered from
http://onlinelibrary ... 1002/(ISSN)1099-0836

Access Statistics for this article

Business Strategy and the Environment is currently edited by Richard Welford

More articles in Business Strategy and the Environment from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().