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Food Production, Water Productivity and Agriculture Production

Multidimensional Financial Development From a COP28 Perspective

Bibliographic Data

ID21648837
AuthorsZeyun Li (0000-0001-8773-1962, Geography Section, School of Humanities Universiti Sains Malaysia Penang Malaysia, corresponding author)
Year2025
Volume36
Issue15
Pages5467-5480
Publication date2025-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueLand Degradation and Development (JOURNAL)
Journal identifiersISSN: 1085-3278 • E-ISSN: 1099-145X
PublisherWiley (PUBLISHER • GB)
DOI10.1002/ldr.70018
OpenAlexW4411501936
LanguageEN
References cited75

With the growing population across the globe, economies are also enhancing food production and agricultural activities along with the targeted efficiency of water resources. The present research aims to examine the influence of food production, water productivity, and agricultural production on the multidimensional financial development of seven (G7) economies. This study also considers the role of green energy and economic growth over the period from 1990 to 2019. Using panel fixed effects and random effects along with a series of appropriate robustness approaches, this research revealed that agricultural production, water productivity, and economic expansion are significant drivers of multidimensional financial development. These elements have the potential to improve financial activities and contribute to strengthening financial institutions. However, food production and green energy significantly reduce financial development in the region and are regarded as significant barriers in the path of sustainable financial expansion. These results are also validated by a series of parametric approaches. On the basis of these findings, this research recommends the sustainable management of water resources, investment in research and development, and a more sustainable energy transition. These economies must focus on improving green finance, which would address environmental hazards and enhance financial activities across the region

Agricultural economics · Agricultural productivity · Agriculture · Business · Economic growth · Economics · Geography · Natural resource economics · Panel data · Population · Productivity · Sustainable development · Energy and Environment Impacts · Energy, Environment, Economic Growth · Water-Energy-Food Nexus Studies · Finance

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