Technological innovation, external debt, and green energy adoption: Assessing their impact on environmental sustainability in MINT economies

Kailai Zhang and Daizheng Jia

International Review of Economics & Finance, 2025, vol. 100, issue C

Abstract: This study examines the impact of technological innovation, external debt, and green energy adoption on environmental sustainability in MINT countries. Using the Load Capacity Factor (LCF) for ecological assessment, it provides a broader perspective than traditional indicators like CO2 emissions. The findings reveal that long-term debt and green energy investments enhance sustainability, while short-term debt and technological progress may have mixed effects, particularly in economies with inadequate green technology adoption. The study underscores the need for sustainable debt management, increased renewable energy investments, and targeted policy incentives to balance economic growth with environmental goals. Policy recommendations include subsidies, tax incentives, and strategic debt restructuring to support a greener economic transition.

Keywords: Technological innovation; External debt; Green energy; Environmental sustainability (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:100:y:2025:i:c:s1059056025002473

DOI: 10.1016/j.iref.2025.104084

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