We revisit the Environmental Kuznets Curve (EKC) argument that an economy could pollute and develop at first and reduce pollution as income continues to grow. We propose a dynamic structural model to capture the interaction between economic growth, human capital accumulation, environmental...

The climate crisis is inevitably looming over the horizon. Some countries are much more vulnerable than others to its harshest consequences due to their existing issues of poverty and underdevelopment. At the same time, developmental policies pursue economic growth at the cost of environmental...

We develop an aggregated model to study rational environmental adaptation policies that compensate negative consequences of certain environmental hazards and changes. The model distinguishes the three categories of adaptation measures that (a) compensate the decrease of the environmental amenity...

Economy, society, environment and sometimes indicated institutional and political system – on these pillars is based the idea of sustainable development. The necessity for a global balance in these dimensions hinders the multidimensional approach of ideas. These difficulties increase when the...

The paper presents and analyses the structure and consequences of limits to growth for the global economy. Apart from the famous report for the Club of Rome, a wide range of related literature, which all caution against the idea of unrestricted growth, is also covered. In presenting side tracks...

Socio-ecological transitions are a main project, current EU policies, national environmental politics, and regional as well as local action address. Manifold approaches exist and the European Union is anxious to coordinate and facilitate the process of a consolidated transition. Therefore, a...

Purpose - Environmental threats are becoming severe in developing and undeveloped countries. It urges to know how green banking operations can foster sustainable development in these regions. This study aims to provide empirical evidence of the determinants of green banking operations in...

This study analyzes the compatibility of the Canal Istanbul project with the Sustainable Development Goals (SDGs) and the Paris Climate Agreement (PCA). Turkey ratified the PCA in October 2021 and has committed to the SDGs since 2015. However, the government in Turkey strives to capitalize on a...

The spectacular rise of ESG usage in investment decision-making made public companies’ environmental and social attitudes critical more than ever as their shares are sold and bought in stock exchanges. Even though the enlightened shareholder value approach (ESV) by Section 172 (S172) of the...

This paper analyses the role of palm oil and its sustainability from different perspectives. We consider the role of palm oil within the GHG context. We discuss the impact of palm oil on biodiversity and analyse how palm oil can contribute to economic growth and development in tropical...