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Breakthroughs in Sustainable Energy and Economic Development

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: 31 December 2024 | Viewed by 979

Special Issue Editors


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Guest Editor
Faculty of Economics, Finance and Management, University of Szczecin, 70-453, Aleja Papieża Jana Pawła II 22A, Szczecin, Poland
Interests: energy economics; sustainable financial systems; sustainable finance; sustainable banking; environmental finance; sustainable business models
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Guest Editor

Special Issue Information

Dear Colleagues,

Countries worldwide are trying to create the necessary conditions for the green transformation to become a fact. An example is the actions taken by the European Union, which has adopted, among other measures, documents such as the European Green Deal, supporting the achievement of climate neutrality. CO2 emissions from pollution sources such as transport, energy, and heating constitute a fundamental problem. Therefore, one of the challenges facing global society remains the transition to and implementation of renewable energy sources and, consequently, energy transformation and energy market transition. This transformation is closely related to issues such as sustainable development and growth. In the era of digitization, including the age of digital finance, attention is drawn to their positive and negative impact on carbon footprint/ On the one hand, digitization means a lower risk of deforestation. Conversely, for example in terms of, cryptocurrency markets, their development exert a high level of demand on energy consumption.

This SI aims to present and promote research examining the relationship between sustainable financial development and growth in the context of implementing Sustainable Development Goals, particularly those directly related to supporting energy efficiency and energy transition and assessing financial and economic instruments supporting the green transformation. Preference will be given to articles with a solid analytical layer, especially a quantitative research component.

Prof. Dr. Magdalena Ziolo
Dr. Isabel Novo-Corti
Prof. Dr. Diana-Mihaela Țîrcă
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • energy efficiency
  • energy markets
  • energy transition
  • green transition
  • ESG
  • ESG risk
  • sustainability
  • sustainable development goals
  • financial markets
  • sustainable growth
  • inclusive growth
  • financial development
  • energy sources
  • CO2 emissions
  • greenhouse gasses
  • environmental sustainability
  • deforestation
  • digitalization
  • innovative financial products
  • eco innovations

Published Papers (1 paper)

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Research

19 pages, 321 KiB  
Article
Sustainable Energy Sources and Financial Development Nexus—Perspective of European Union Countries in 2013–2021
by Magdalena Zioło, Iwona Bąk and Anna Spoz
Energies 2024, 17(13), 3332; https://doi.org/10.3390/en17133332 - 7 Jul 2024
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Abstract
The focus of this paper is the relationship between sustainable energy sources and financial development. The main research hypothesis assumes a positive link between these areas, with inevitable differences across countries and business sectors. The following research questions were asked: Is the impact [...] Read more.
The focus of this paper is the relationship between sustainable energy sources and financial development. The main research hypothesis assumes a positive link between these areas, with inevitable differences across countries and business sectors. The following research questions were asked: Is the impact of financial development on sustainable energy resources the same in different EU countries advanced in green transition processes? How is transition towards renewable energy sources progressing in different economic sectors? Does financial development influence sectoral transition in particular countries? This study uses the TOPSIS method and 25 variables for EU countries from 2013 to 2021. Key findings reveal that the link between sustainable energy sources and financial development varies across EU countries, country size affects energy autonomy, and the transition also differs by business sector. Surprisingly, higher financial development correlates with less progress in sustainable energy initiatives. The results of our research may be useful for government decision-makers in the process of designing and controlling the country’s transition to sustainable energy. The original contribution of the study is expressed in its the diagnosis of the relationship between financial development and sustainable energy sources, while most studies have focused on the relationship between the energy market and financial development. Full article
(This article belongs to the Special Issue Breakthroughs in Sustainable Energy and Economic Development)
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