The role of COP26 commitment and technological innovation in depletion of natural resources: Evidence from BRICS countries

Ming Fang and Chiu-Lan Chang

Resources Policy, 2023, vol. 81, issue C

Abstract: Recently, twenty sixty Conference of the Parties (COP26) related to climate change provided guidelines for reducing the harmful emissions that affect the environmental and natural resources management. These environmental and natural resources management issue need researchers' attention. Hence, the current article examines the factor of environmental degradation such as carbon dioxide (CO2) emissions, and methane emissions and technology innovation's impact on the natural resources management in BRICS countries. The article has also taken industrialization as the control variable. The article has used the secondary data extracted from World Development Indicators (WDI) from 2001 to 2020. The research has applied the Cross-Sectionally Autoregressive Distributed Lag (CS-ARDL) technique to examine the linkage among the variables. The results indicated that the CO2 emissions, methane emissions, economic growth and industrialization have a positive and significant, while technology innovation has a negative and significant linkage with natural resources depletion in BRICS countries. This research helps the upcoming studies in examining this area in the future and also guides the regulators to formulate effective policies to implement the COP26 commitments to reduce climate change and improve the natural resources management.

Keywords: CO2; emissions; Methane emissions; Technology innovation; Natural resources management; Industrialization; Economic growth (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:81:y:2023:i:c:s0301420723000739

DOI: 10.1016/j.resourpol.2023.103365

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