Sustainable cities and energy transition
Unraveling the role of financial stability
Bibliographic Data
| ID | 7419611 |
|---|---|
| Authors | Sidra Sohail (0000-0002-0868-2486, Cyprus Health and Social Sciences University, Guzelyurt, TRNC, Mersin 10, Turkey, corresponding author), Ahmed Usman (0000-0002-5009-0580, Department of Commerce & Economics, Emerson University, Multan, Pakistan), Sana Ullah (0000-0002-2200-2897, Faculty of Economics and Administrative Sciences, Department of Economics, Near East University, Nicosia, TRNC, Turkey) |
| Year | 2025 |
| Volume | 6 |
| Issue | 1 |
| Pages | 1-11 |
| Publication date | 2025-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Urban Governance (JOURNAL) |
| Journal identifiers | ISSN: 2664-3286 • E-ISSN: 2667-3800 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.ugj.2025.09.003 |
| OpenAlex | W7082977019 |
| Language | EN |
| References cited | 76 |
Energy consumption is considered vital for driving economic activities. However, the reliance on fossil fuels has created environmental degradation and energy security issues. The panacea of all these problems is to shift from dirty to clean energy sources. The role of the financial sector is vital because a stable and modernized financial industry can provide loans and funds for renewable energy consumption. Therefore, this study's main goal is to evaluate the influence of financial stability and smart urbanization on the renewable energy transition in BRICS countries from 1996 to 2023. Thus, we have resorted to the quantile ARDL model that is suitable for investigating the relationship across various quantiles. The estimated coefficient of financial stability and smart urbanization suggests that both these factors boost renewable energy consumption at most quantiles in the long run; however, in the short run, smart urbanization don’t exert any noticeable influence on renewable energy use. The model's outcomes confirm that estimated coefficients of financial stability are favorably linked to renewable energy consumption across all quantiles in the short run. Our policy recommendations aim to support the transition towards a more sustainable and resilient energy system in these countries, which will contribute to achieving global climate goals and improve citizens' quality of life.
Energy (signal processing · Financial stability · Stability (learning theory · Sustainability · Sustainable development · Sustainable Energy · Geochemistry and Geologic Mapping · Geological and Geophysical Studies · Geological Modeling and Analysis
Mapping synergies and trade-offs between energy and the Sustainable Development Goals
Financial development and energy consumption in Central and Eastern European frontier economies
On the causal dynamics between economic growth, renewable energy consumption, CO 2 emissions and trade openness
Quantile cointegration in the autoregressive distributed-lag modeling framework
Renewable energy consumption, carbon emissions, and development stages
Renewable energy resources
Role of land use, green energy, and water resources for food accessibility
Urbanization and sustainable development for inclusiveness using ICTs
The roles of technology and Kyoto Protocol in energy transition towards COP26 targets
Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint
An investigation into domestic energy consumption behaviour and public awareness of renewable energy in Qatar
Energy transition in newly industrialized countries
Environmental sustainability, terrorism, and military expenditure in Sub-Saharan Africa
Of renewable energy, energy democracy, and sustainable development
Unraveling the intricate relationship between unemployment, population, and poverty in Sub‐Saharan Africa
How environmental policy stringency affects renewable energy investment? Implications for green investment horizons
Does urbanization promote the rural residential energy transition? Evidence from China based on the two-stage dynamic Spatial Durbin model
The role of debt burden, green financing, and energy efficiency in reducing carbon footprints in Mint & BRICS economies
| Citation velocity | historical |
|---|---|
| Highly cited | No |