Exploring the asymmetric relationship between natural resources, fintech, remittance and environmental pollution for BRICS nations: New insights from MMQR approach

Zhang Kai, Mohamed Sharaf, Siao-Yun Wei, Ata Al Shraah, Luan Thanh Le, Dr Abhay Arvind Bedekar and Ahmad Y.A. Bani Ahmad

Resources Policy, 2024, vol. 90, issue C

Abstract: Fintech is considered to be one of the pivotal components with respect to the economic prosperity of a nation. Due to the recent pandemic, Fintech has seen anurgency in almost every sphere of life, including environmental sustainability. The present research explicates the connotations between natural resources, Fintech, tourism and remittances, along with carbon emissions, while taking the BRICS nations into consideration for the time frame 2000 to 2020. The research has taken the help of advanced techniques (i.e., MMQR) for the purpose of inspecting the linkages between significant economic indicators. The findings represent that natural resources and fintech lead towards alleviating carbon emissions, but tourism and remittances administer to escalate carbon emissions. The research presents important strategies.Governments should outline ecologically feasible strategies that pursue the curtailment of carbon emissions. The policy makers should initiate such programs that assist in acquiring ecologically feasible strategies to uplift Fintech and natural resources sustainability.

Keywords: Fintech; Natural resources; BRICS; Nonlinear; Environment; SDGs (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724000606

DOI: 10.1016/j.resourpol.2024.104693

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