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24 pages, 3000 KB  
Article
Electronics Shops in Saint-Louis: A Participative Mapping of Value, Quality, and Prices Within the Market Hierarchy in a Secondary Senegalese City
by Pablo De Roulet, Jérôme Chenal, Jean-Claude Baraka Munyaka, Moussa Diallo, Derguene Mbaye, Mamadou Lamine Ndiaye, Madoune Robert Seye, Dimitri Samuel Adjanohoun, Tatiana Mbengue, Djiby Sow and Cheikh Samba Wade
Sustainability 2025, 17(19), 8959; https://doi.org/10.3390/su17198959 - 9 Oct 2025
Abstract
Digital connectivity depends not only on infrastructure, but also on the material devices used to access networks. This study examines electronic devices’ availability and prices in Saint-Louis, a mid-sized Senegalese city, to address the lack of empirical research on African digital markets. With [...] Read more.
Digital connectivity depends not only on infrastructure, but also on the material devices used to access networks. This study examines electronic devices’ availability and prices in Saint-Louis, a mid-sized Senegalese city, to address the lack of empirical research on African digital markets. With data on material connectivity being scarce, this paper provides a baseline description as grounds for future research. Using a participatory mapping approach over three weeks in September 2024, the research assessed the range, condition, and distribution of smartphones across central and neighborhood markets. Descriptive statistics and spatial analysis illustrate key trends. Results show a market heavily structured around second-hand smartphones, where device quality and prices adjust to economic power. Imported second-hand devices are often high-end, with prices above many new items of cheaper brands, while locally used items have much depreciated prices compared to either new or imported second-hand ones. Market locations are widespread for common items and clustered for specialized devices, consistent with central place theory. By documenting the material foundations of digital communication, this study provides new empirical evidence on African urban device markets and highlights the need to consider material access alongside infrastructure in digital connectivity debates. Full article
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30 pages, 1769 KB  
Review
Decarbonizing the Cement Industry: Technological, Economic, and Policy Barriers to CO2 Mitigation Adoption
by Oluwafemi Ezekiel Ige and Musasa Kabeya
Clean Technol. 2025, 7(4), 85; https://doi.org/10.3390/cleantechnol7040085 - 9 Oct 2025
Viewed by 140
Abstract
The cement industry accounts for approximately 7–8% of global CO2 emissions, primarily due to energy-intensive clinker production and limestone calcination. With cement demand continuing to rise, particularly in emerging economies, decarbonization has become an urgent global challenge. The objective of this study [...] Read more.
The cement industry accounts for approximately 7–8% of global CO2 emissions, primarily due to energy-intensive clinker production and limestone calcination. With cement demand continuing to rise, particularly in emerging economies, decarbonization has become an urgent global challenge. The objective of this study is to systematically map and synthesize existing evidence on technological pathways, policy measures, and economic barriers to four core decarbonization strategies: clinker substitution, energy efficiency, alternative fuels, as well as carbon capture, utilization, and storage (CCUS) in the cement sector, with the goal of identifying practical strategies that can align industry practice with long-term climate goals. A scoping review methodology was adopted, drawing on peer-reviewed journal articles, technical reports, and policy documents to ensure a comprehensive perspective. The results demonstrate that each mitigation pathway is technically feasible but faces substantial real-world constraints. Clinker substitution delivers immediate reduction but is limited by SCM availability/quality, durability qualification, and conservative codes; LC3 is promising where clay logistics allow. Energy-efficiency measures like waste-heat recovery and advanced controls reduce fuel use but face high capital expenditure, downtime, and diminishing returns in modern plants. Alternative fuels can reduce combustion-related emissions but face challenges of supply chains, technical integration challenges, quality, weak waste-management systems, and regulatory acceptance. CCUS, the most considerable long-term potential, addresses process CO2 and enables deep reductions, but remains commercially unviable due to current economics, high costs, limited policy support, lack of large-scale deployment, and access to transport and storage. Cross-cutting economic challenges, regulatory gaps, skill shortages, and social resistance including NIMBYism further slow adoption, particularly in low-income regions. This study concludes that a single pathway is insufficient. An integrated portfolio supported by modernized standards, targeted policy incentives, expanded access to SCMs and waste fuels, scaled CCUS investment, and international collaboration is essential to bridge the gap between climate ambition and industrial implementation. Key recommendations include modernizing cement standards to support higher clinker replacement, providing incentives for energy-efficient upgrades, scaling CCUS through joint investment and carbon pricing and expanding access to biomass and waste-derived fuels. Full article
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46 pages, 1768 KB  
Article
Healing Intelligence: A Bio-Inspired Metaheuristic Optimization Method Using Recovery Dynamics
by Vasileios Charilogis and Ioannis G. Tsoulos
Future Internet 2025, 17(10), 441; https://doi.org/10.3390/fi17100441 - 27 Sep 2025
Viewed by 170
Abstract
BioHealing Optimization (BHO) is a bio-inspired metaheuristic that operationalizes the injury–recovery paradigm through an iterative loop of recombination, stochastic injury, and guided healing. The algorithm is further enhanced by adaptive mechanisms, including scar map, hot-dimension focusing, RAGE/hyper-RAGE bursts (Rapid Aggressive Global Exploration), and [...] Read more.
BioHealing Optimization (BHO) is a bio-inspired metaheuristic that operationalizes the injury–recovery paradigm through an iterative loop of recombination, stochastic injury, and guided healing. The algorithm is further enhanced by adaptive mechanisms, including scar map, hot-dimension focusing, RAGE/hyper-RAGE bursts (Rapid Aggressive Global Exploration), and healing-rate modulation, enabling a dynamic balance between exploration and exploitation. Across 17 benchmark problems with 30 runs, each under a fixed budget of 1.5·105 function evaluations, BHO achieves the lowest overall rank in both the “best-of-runs” (47) and the “mean-of-runs” (48), giving an overall rank sum of 95 and an average rank of 2.794. Representative first-place results include Frequency-Modulated Sound Waves, the Lennard–Jones potential, and Electricity Transmission Pricing. In contrast to prior healing-inspired optimizers such as Wound Healing Optimization (WHO) and Synergistic Fibroblast Optimization (SFO), BHO uniquely integrates (i) an explicit tri-phasic architecture (DE/best/1/bin recombination → Gaussian/Lévy injury → guided healing), (ii) per-dimension stateful adaptation (scar map, hot-dims), and (iii) stagnation-triggered bursts (RAGE/hyper-RAGE). These features provide a principled exploration–exploitation separation that is absent in WHO/SFO. Full article
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33 pages, 3814 KB  
Article
From AI Adoption to ESG in Industrial B2B Marketing: An Integrated Multi-Theory Model
by Raul Ionuț Riti, Laura Bacali and Claudiu Ioan Abrudan
Sustainability 2025, 17(19), 8595; https://doi.org/10.3390/su17198595 - 24 Sep 2025
Viewed by 595
Abstract
Artificial intelligence is transforming industrial marketing by reshaping processes, decision-making, and inter-firm relationships. However, research remains fragmented, with limited evidence on how adoption drivers create new capabilities and sustainability outcomes. This study develops and empirically validates an integrated framework that combines technology, organization, [...] Read more.
Artificial intelligence is transforming industrial marketing by reshaping processes, decision-making, and inter-firm relationships. However, research remains fragmented, with limited evidence on how adoption drivers create new capabilities and sustainability outcomes. This study develops and empirically validates an integrated framework that combines technology, organization, environment, user acceptance, resource-based perspectives, dynamic capabilities, and explainability. A convergent mixed-methods design was applied, combining survey data from industrial firms with thematic analysis of practitioner insights. The findings show that technological readiness, organizational commitment, environmental pressures, and user perceptions jointly determine adoption breadth and depth, which in turn foster marketing capabilities linked to measurable improvements. These include shorter quotation cycles, reduced energy consumption, improved forecasting accuracy, and the introduction of carbon-based pricing mechanisms. Qualitative evidence further indicates that explainability and human–machine collaboration are decisive for trust and practical use, while sustainability-oriented investments act as catalysts for long-term transformation. The study provides the first empirical integration of adoption drivers, capability building, and sustainability outcomes in industrial marketing. By demonstrating that artificial intelligence advances competitiveness and sustainability simultaneously, it positions marketing as a strategic lever in the transition toward digitally enabled and environmentally responsible industrial economies. We also provide a simplified mapping of theoretical lenses, detail B2B-specific scale adaptations, and discuss environmental trade-offs of AI use. Given the convenience/snowball design, estimates should be read as upper-bound effects for mixed-maturity populations; robustness checks (stratification and simple reweighting) confirm sign and significance. Full article
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28 pages, 464 KB  
Article
Analysis of a Retrial Queueing System Suitable for Modeling Operation of Ride-Hailing Platforms with the Dynamic Service Pricing
by Alexander Dudin, Sergei Dudin and Olga Dudina
Axioms 2025, 14(9), 714; https://doi.org/10.3390/axioms14090714 - 22 Sep 2025
Viewed by 291
Abstract
Effective operation of any service system requires optimal organization of the sharing of resources between the users (customers). To this end, it is necessary to elaborate on the mechanisms that allow for the mitigation of congestion, i.e., the accumulation of many users requiring [...] Read more.
Effective operation of any service system requires optimal organization of the sharing of resources between the users (customers). To this end, it is necessary to elaborate on the mechanisms that allow for the mitigation of congestion, i.e., the accumulation of many users requiring service. Due to the randomness of the user’s arrival process, congestions can occur even when an arrival rate is constant, e.g., the arrivals are described by the stationary Poisson process, which is assumed in the majority of existing papers. However, congestions can be more severe if the possibility of fluctuation of the instantaneous arrival rate exists. Such a possibility is an inherent feature of many systems and can be taken into account via the description of arrivals by the Markov arrival process (MAP). This makes the problem of congestion avoidance drastically more challenging. In many real-world systems, there exists the possibility of customer admission control via dynamic pricing. We propose a novel predictive mechanism of dynamic pricing. Decision moments coincide with the transition moments of the underlying process of the MAP. A customer may join or balk the system or postpone joining the system depending on the current cost. We illustrate the application of this mechanism in a multi-server retrial queueing model with dynamic service pricing. The behavior of the system is described by a multidimensional Markov chain with state-inhomogeneous transitions. Its stationary distribution is computed and may be used for solving the various problems of system revenue maximization via the choice of the proper pricing strategy. Full article
(This article belongs to the Special Issue Probability Theory and Stochastic Processes: Theory and Applications)
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25 pages, 2551 KB  
Article
Optimal Low-Carbon Economic Dispatch Strategy for Active Distribution Networks with Participation of Multi-Flexible Loads
by Xu Yao, Kun Zhang, Chenghui Liu, Taipeng Zhu, Fangfang Zhou, Jiezhang Li and Chong Liu
Processes 2025, 13(9), 2972; https://doi.org/10.3390/pr13092972 - 18 Sep 2025
Viewed by 299
Abstract
Optimization dispatch with flexible load participation in new power systems significantly enhances renewable energy accommodation, though the potential of flexible loads remains underexploited. To improve renewable utilization efficiency, promote wind/PV consumption and reduce carbon emissions, this paper establishes a low-carbon economic optimization dispatch [...] Read more.
Optimization dispatch with flexible load participation in new power systems significantly enhances renewable energy accommodation, though the potential of flexible loads remains underexploited. To improve renewable utilization efficiency, promote wind/PV consumption and reduce carbon emissions, this paper establishes a low-carbon economic optimization dispatch model for active distribution networks incorporating flexible loads and tiered carbon trading. First, a hybrid SSA (Sparrow Search Algorithm)–CNN-LSTM model is adopted for accurate renewable generation forecasting. Meanwhile, multi-type flexible loads are categorized into shiftable, transferable and reducible loads based on response characteristics, with tiered carbon trading mechanism introduced to achieve low-carbon operation through price incentives that guide load-side participation while avoiding privacy leakage from direct control. Considering the non-convex nonlinear characteristics of the dispatch model, an improved Beluga Whale Optimization (BWO) algorithm is developed. To address the diminished solution diversity and precision in conventional BWO evolution, Tent chaotic mapping is introduced to resolve initial parameter sensitivity. Finally, modified IEEE-33 bus system simulations demonstrate the method’s validity and feasibility. Full article
(This article belongs to the Special Issue Applications of Smart Microgrids in Renewable Energy Development)
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15 pages, 692 KB  
Article
Reputation and Guest Experience in Bali’s Spa Hotels: A Big Data Perspective
by Neila Aisha, Angellie Williady and Hak-Seon Kim
Tour. Hosp. 2025, 6(4), 180; https://doi.org/10.3390/tourhosp6040180 - 17 Sep 2025
Viewed by 757
Abstract
This study examines how psycholinguistic features of online reviews relate to guest satisfaction in Bali’s spa hotel market. Using LIWC-22 category rates from Google Maps reviews, a corpus of 15,560 quality-filtered reviews from ten leading spa hotels was analyzed. Exploratory factor analysis yielded [...] Read more.
This study examines how psycholinguistic features of online reviews relate to guest satisfaction in Bali’s spa hotel market. Using LIWC-22 category rates from Google Maps reviews, a corpus of 15,560 quality-filtered reviews from ten leading spa hotels was analyzed. Exploratory factor analysis yielded four interpretable dimensions—Social, Health and Wellness, Emotional Tone, and Lifestyle. In regressions predicting review star ratings (satisfaction), Social (β = 0.028) and Health and Wellness (β = 0.023) showed small but statistically detectable positive associations, whereas Emotional Tone (β = 0.006, t = 0.727) and Lifestyle (β = 0.004, t = 0.476) were not significant. The model’s explained variance is negligible (R2 = 0.001; F = 5.283, p < 0.05), reflecting the many influences on ratings beyond review language; findings are interpreted as directional associations rather than predictive effects. Practically, the results point to prioritizing interpersonal service cues and wellness/treatment assurances, with tone monitoring being used for service-recovery signals. The design favors interpretability (validated, word-based categories; full-history snapshot) over black-box complexity, and transferability is Bali-specific and conditional on comparable market features. Future work should add contextual covariates (e.g., price and location), apply explicit temporal segmentation, extend to multilingual corpora, and triangulate text analytics with brief questionnaires and qualitative inquiry to strengthen validity and explanatory power. Full article
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23 pages, 2742 KB  
Article
Optimal Bidding Framework for Integrated Renewable-Storage Plant in High-Dimensional Real-Time Markets
by Yuhao Song, Shaowei Huang, Laijun Chen, Sen Cui and Shengwei Mei
Sustainability 2025, 17(18), 8159; https://doi.org/10.3390/su17188159 - 10 Sep 2025
Viewed by 283
Abstract
With the development of electricity spot markets, the integrated renewable-storage plant (IRSP) has emerged as a crucial entity in real-time energy markets due to its flexible regulation capability. However, traditional methods face computational inefficiency in high-dimensional bidding scenarios caused by expansive decision spaces, [...] Read more.
With the development of electricity spot markets, the integrated renewable-storage plant (IRSP) has emerged as a crucial entity in real-time energy markets due to its flexible regulation capability. However, traditional methods face computational inefficiency in high-dimensional bidding scenarios caused by expansive decision spaces, limiting online generation of multi-segment optimal quotation curves. This paper proposes a policy migration-based optimization framework for high-dimensional IRSP bidding: First, a real-time market clearing model with IRSP participation and an operational constraint-integrated bidding model are established. Second, we rigorously prove the monotonic mapping relationship between the cleared output and the real-time locational marginal price (LMP) under the market clearing condition and establish mathematical foundations for migrating the self-dispatch policy to the quotation curve based on value function concavity theory. Finally, a generalized inverse construction method is proposed to decompose the high-dimensional quotation curve optimization into optimal power response subproblems within price parameter space, substantially reducing decision space dimensionality. The case study validates the framework effectiveness through performance evaluation of policy migration for a wind-dual energy storage plant, demonstrating that the proposed method achieves 90% of the ideal revenue with a 5% prediction error and enables reinforcement learning algorithms to increase their performance from 65.1% to 84.2% of the optimal revenue. The research provides theoretical support for resolving the “dimensionality–efficiency–revenue” dilemma in high-dimensional bidding and expands policy possibilities for IRSP participation in real-time markets. Full article
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92 pages, 3238 KB  
Review
Machine Learning-Based Electric Vehicle Charging Demand Forecasting: A Systematized Literature Review
by Maher Alaraj, Mohammed Radi, Elaf Alsisi, Munir Majdalawieh and Mohamed Darwish
Energies 2025, 18(17), 4779; https://doi.org/10.3390/en18174779 - 8 Sep 2025
Viewed by 992
Abstract
The transport sector significantly contributes to global greenhouse gas emissions, making electromobility crucial in the race toward the United Nations Sustainable Development Goals. In recent years, the increasing competition among manufacturers, the development of cheaper batteries, the ongoing policy support, and people’s greater [...] Read more.
The transport sector significantly contributes to global greenhouse gas emissions, making electromobility crucial in the race toward the United Nations Sustainable Development Goals. In recent years, the increasing competition among manufacturers, the development of cheaper batteries, the ongoing policy support, and people’s greater environmental awareness have consistently increased electric vehicles (EVs) adoption. Nevertheless, EVs charging needs—highly influenced by EV drivers’ behavior uncertainty—challenge their integration into the power grid on a massive scale, leading to potential issues, such as overloading and grid instability. Smart charging strategies can mitigate these adverse effects by using information and communication technologies to optimize EV charging schedules in terms of power systems’ constraints, electricity prices, and users’ preferences, benefiting stakeholders by minimizing network losses, maximizing aggregators’ profit, and reducing users’ driving range anxiety. To this end, accurately forecasting EV charging demand is paramount. Traditionally used forecasting methods, such as model-driven and statistical ones, often rely on complex mathematical models, simulated data, or simplifying assumptions, failing to accurately represent current real-world EV charging profiles. Machine learning (ML) methods, which leverage real-life historical data to model complex, nonlinear, high-dimensional problems, have demonstrated superiority in this domain, becoming a hot research topic. In a scenario where EV technologies, charging infrastructure, data acquisition, and ML techniques constantly evolve, this paper conducts a systematized literature review (SLR) to understand the current landscape of ML-based EV charging demand forecasting, its emerging trends, and its future perspectives. The proposed SLR provides a well-structured synthesis of a large body of literature, categorizing approaches not only based on their ML-based approach, but also on the EV charging application. In addition, we focus on the most recent technological advances, exploring deep-learning architectures, spatial-temporal challenges, and cross-domain learning strategies. This offers an integrative perspective. On the one hand, it maps the state of the art, identifying a notable shift toward deep-learning approaches and an increasing interest in public EV charging stations. On the other hand, it uncovers underexplored methodological intersections that can be further exploited and research gaps that remain underaddressed, such as real-time data integration, long-term forecasting, and the development of adaptable models to different charging behaviors and locations. In this line, emerging trends combining recurrent and convolutional neural networks, and using relatively new ML techniques, especially transformers, and ML paradigms, such as transfer-, federated-, and meta-learning, have shown promising results for addressing spatial-temporality, time-scalability, and geographical-generalizability issues, paving the path for future research directions. Full article
(This article belongs to the Topic Electric Vehicles Energy Management, 2nd Volume)
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23 pages, 999 KB  
Article
Decentralized and Network-Aware Task Offloading for Smart Transportation via Blockchain
by Fan Liang
Sensors 2025, 25(17), 5555; https://doi.org/10.3390/s25175555 - 5 Sep 2025
Viewed by 1118
Abstract
As intelligent transportation systems (ITSs) evolve rapidly, the increasing computational demands of connected vehicles call for efficient task offloading. Centralized approaches face challenges in scalability, security, and adaptability to dynamic network conditions. To address these issues, we propose a blockchain-based decentralized task offloading [...] Read more.
As intelligent transportation systems (ITSs) evolve rapidly, the increasing computational demands of connected vehicles call for efficient task offloading. Centralized approaches face challenges in scalability, security, and adaptability to dynamic network conditions. To address these issues, we propose a blockchain-based decentralized task offloading framework with network-aware resource allocation and tokenized economic incentives. In our model, vehicles generate computational tasks that are dynamically mapped to available computing nodes—including vehicle-to-vehicle (V2V) resources, roadside edge servers (RSUs), and cloud data centers—based on a multi-factor score considering computational power, bandwidth, latency, and probabilistic packet loss. A blockchain transaction layer ensures auditable and secure task assignment, while a proof-of-stake (PoS) consensus and smart-contract-driven dynamic pricing jointly incentivize participation and balance workloads to minimize delay. In extensive simulations reflecting realistic ITS dynamics, our approach reduces total completion time by 12.5–24.3%, achieves a task success rate of 84.2–88.5%, improves average resource utilization to 88.9–92.7%, and sustains >480 transactions per second (TPS) with a 10 s block interval, outperforming centralized/cloud-based baselines. These results indicate that integrating blockchain incentives with network-aware offloading yields secure, scalable, and efficient management of computational resources for future ITSs. Full article
(This article belongs to the Special Issue Feature Papers in the Internet of Things Section 2025)
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21 pages, 4178 KB  
Article
Classifying Metro Station Areas for Urban Regeneration: An RFM Model Approach and Differentiated Strategies in Beijing
by Xiangyu Li, Yinzhen Li, Hongyan Wang, Wenxuan Ma and Nan Zhang
Buildings 2025, 15(17), 3108; https://doi.org/10.3390/buildings15173108 - 29 Aug 2025
Viewed by 461
Abstract
Amid growing demands for urban regeneration, metro station areas (MSAs) have emerged as critical spatial units for assessing renewal potential. However, their highly heterogeneous functional and spatial attributes pose challenges to precise classification and targeted strategy development. This study introduces the RFM (recency, [...] Read more.
Amid growing demands for urban regeneration, metro station areas (MSAs) have emerged as critical spatial units for assessing renewal potential. However, their highly heterogeneous functional and spatial attributes pose challenges to precise classification and targeted strategy development. This study introduces the RFM (recency, frequency, and monetary) model—originally used in marketing—to the urban renewal domain. By mapping POI (point of interest) data, population density, and land price to the RFM dimensions, a three-dimensional evaluation framework is constructed. Using QGIS to process multi-source data for 118 MSAs in Beijing, we apply an improved five-quantile stratification method to classify station areas into eight renewal potential types. The results reveal a concentric spatial gradient: 24% of core-area MSAs are identified as Key-Value MSAs, while 23% of peripheral MSAs are categorized as General-Retention MSAs. Based on the classification, differentiated renewal strategies are proposed: high-potential MSAs should prioritize public space enhancement and walkability improvements, whereas low-potential MSAs should focus on upgrading basic transit infrastructure. The study provides a replicable method for classifying MSAs based on spatial and economic indicators, offering new theoretical insights and practical tools to guide evidence-based urban regeneration and station–city integration in high-density metropolitan areas such as Beijing. Full article
(This article belongs to the Section Architectural Design, Urban Science, and Real Estate)
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36 pages, 1905 KB  
Systematic Review
Green Finance and the Energy Transition: A Systematic Review of Economic Instruments for Renewable Energy Deployment in Emerging Economies
by Emma Verónica Ramos Farroñán, Gary Christiam Farfán Chilicaus, Luis Edgardo Cruz Salinas, Liliana Correa Rojas, Lisseth Katherine Chuquitucto Cotrina, Gladys Sandi Licapa-Redolfo, Persi Vera Zelada and Luis Alberto Vera Zelada
Energies 2025, 18(17), 4560; https://doi.org/10.3390/en18174560 - 28 Aug 2025
Cited by 1 | Viewed by 983
Abstract
This systematic review synthesizes evidence on economic instruments that mobilize renewable-energy investment in emerging economies, analyzing 50 peer-reviewed studies published between 2015 and 2025 under PRISMA 2020. We advance an Institutional Capacity Integration Framework that ties instrument efficacy to regulatory, market, and coordination [...] Read more.
This systematic review synthesizes evidence on economic instruments that mobilize renewable-energy investment in emerging economies, analyzing 50 peer-reviewed studies published between 2015 and 2025 under PRISMA 2020. We advance an Institutional Capacity Integration Framework that ties instrument efficacy to regulatory, market, and coordination capabilities. Green bonds have mobilized roughly USD 500 billion yet work only where robust oversight and liquid markets exist, offering limited gains for decentralized access. Direct subsidies cut renewable electricity costs by 30–50% and connect 45 million people across varied contexts, but pose fiscal–sustainability risks. Carbon pricing schemes remain rare given their administrative complexity, while multilateral climate funds show moderate effectiveness (coefficients 0.3–0.8) dependent on national coordination strength. Bibliometric mapping with Bibliometrix reveals three fragmented paradigms—market efficiency, state intervention, and international cooperation—and highlights geographic gaps: sub-Saharan Africa represents just 16% of studies despite acute financing barriers. Sixty-eight percent of articles employ descriptive designs, constraining causal inference and reflecting tensions between SDG 7 (affordable energy) and SDG 13 (climate action). Our framework rejects one-size-fits-all prescriptions, recommending phased, context-aligned pathways that progressively build capacity. Policymakers should tailor instrument mixes to institutional realities, and researchers must prioritize causal methods and underrepresented regions through focused initiatives for equitable global progress. Full article
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17 pages, 1141 KB  
Article
Zero-Shot Learning for S&P 500 Forecasting via Constituent-Level Dynamics: Latent Structure Modeling Without Index Supervision
by Yoonjae Noh and Sangjin Kim
Mathematics 2025, 13(17), 2762; https://doi.org/10.3390/math13172762 - 28 Aug 2025
Viewed by 620
Abstract
Market indices, such as the S&P 500, serve as compressed representations of complex constituent-level dynamics. This study proposes a zero-shot forecasting framework capable of predicting index-level trajectories without direct supervision from index data. By leveraging a Variational AutoEncoder (VAE), the model learns a [...] Read more.
Market indices, such as the S&P 500, serve as compressed representations of complex constituent-level dynamics. This study proposes a zero-shot forecasting framework capable of predicting index-level trajectories without direct supervision from index data. By leveraging a Variational AutoEncoder (VAE), the model learns a latent mapping from constituent-level price movements and macroeconomic factors to index behavior, effectively bypassing the need for aggregated index labels during training. Using hourly OHLC data of S&P 500 constituents, combined with the U.S. 10-Year Treasury Yield and the CBOE Volatility Index, the model is trained solely on disaggregated inputs. Experimental results demonstrate that the VAE achieves superior accuracy in index-level forecasting compared to models trained directly on index targets, highlighting its effectiveness in capturing the implicit generative structure of index formation. These findings suggest that constituent-driven latent representations can provide a scalable and generalizable approach to modeling aggregate market indicators, offering a robust alternative to traditional direct supervision paradigms. Full article
(This article belongs to the Special Issue Statistics and Data Science)
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36 pages, 2178 KB  
Article
Linking Spatialized Sustainable Income and Net Value Added in Ecosystem Accounting and the System of National Accounts 2025: Application to the Stone Pine Forests of Andalusia, Spain
by Pablo Campos, José L. Oviedo, Alejandro Álvarez and Bruno Mesa
Forests 2025, 16(9), 1370; https://doi.org/10.3390/f16091370 - 25 Aug 2025
Viewed by 672
Abstract
This research objective is to overcome the shortcomings of the updated values added of the System of National Accounts 2025 (SNA 2025) in order to measure the spatialized total sustainable social income from forest ecosystems through an experimentally refined System of Environmental-Economic Accounting [...] Read more.
This research objective is to overcome the shortcomings of the updated values added of the System of National Accounts 2025 (SNA 2025) in order to measure the spatialized total sustainable social income from forest ecosystems through an experimentally refined System of Environmental-Economic Accounting (rSEEA). Sustainable income measured at observed, imputed, and simulated market transaction prices is defined as the maximum potential consumption of products generated in the forest ecosystem without a real decline in the environmental asset and manufactured fixed capital at the closing of the current period, assuming idealized future conditions of stable real prices and dynamics of institutional and other autonomous processes. A key finding of this research is that sustainable income extends the SNA 2025 net value added by incorporating the omissions by the latter of environmental net operating surplus (or ecosystem service in the absence of environmental damage), ordinary changes in the environmental asset condition and manufactured fixed capital adjusted according to a less ordinary entry of manufactured fixed capital plus the manufactured consumption of fixed capital. Sustainable income was measured spatially for 15 individual products, the area units being the map tiles for Andalusia, Spain, Stone pine forest (Pinus pinea L.) canopy cover was predominant, covering an area of 243,559 hectares. In 2010, the SNA 2025 gross and net values added accounted for 24% and 27%, respectively, of the Stone pine forest sustainable income measured by the rSEEA. The ecosystem services omitted by the SNA 2025 made up 69% of the rSEEA sustainable income. Full article
(This article belongs to the Section Forest Economics, Policy, and Social Science)
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21 pages, 1441 KB  
Article
An Analysis of Alignments of District Housing Targets in England
by David Gray
Land 2025, 14(9), 1710; https://doi.org/10.3390/land14091710 - 23 Aug 2025
Viewed by 467
Abstract
Context: It has been claimed that recently, in England, the places with the greatest amount of housing built were the places that least needed them. This is an accusation that has echoes in a number of countries around the globe. The lack of [...] Read more.
Context: It has been claimed that recently, in England, the places with the greatest amount of housing built were the places that least needed them. This is an accusation that has echoes in a number of countries around the globe. The lack of construction leads to greater unaffordability and a lower level of economic activity than could have been achieved if labour, particularly those with high human capital, was not so constrained as to where they could afford to live. The recent National Planning Policy Framework for England imposes mandatory targets on housing planning authorities. As such, the following question is raised: will the targets result in additional residential homes being located in places of greater need than the prevailing pattern? Research Questions: The paper sets out to consider the spatial mismatch between housing additions and national benefit in terms of unaffordability and productivity. Specifically, do the concentrations of high and/or low rates of the prevailing rates of additional dwellings and the target rates of adding dwellings correspond with the clusters of high and/or low unaffordability and productivity? A further question considered is: does the spatial distribution of additional dwellings match the clusters of population growth? Method: The values of the variables are transformed at the first stage into Anselin’s LISA categories. LISA maps can reveal unusually high spatial concentrations of values, or clusters. The second stage entails comparing sets of the transformed data for agreement of the classifications. An agreement coefficient is provided by Fleiss’s kappa. Data: The data used is of additional dwellings, the total number of dwellings, population estimates, gross value added per hour worked (productivity data), and house price–earnings ratios. The period of study covers the eight years prior to 2020 and the two years after, omitting 2020 itself due to the unusual impact on economic activity. All the data is at local authority district level. Findings: The hot and cold spots of additional dwellings do not correspond those of house price–earnings ratios or productivity. However, population growth hot spots show moderate agreement with those of where additional dwellings are concentrated. This is in line with findings from elsewhere, suggesting that population follows housing supply. Concentrations of districts with relatively high targets per unit of existing stocks are found correspond (agree strongly) with clusters of house price–earnings ratios. Links between productivity and housing are much weaker. Conclusions: The strong link between targets and affordability suggests that if the targets are met, the claim that the places that build the most housing are the places that least need them can be challenged. That said, house-price–earnings ratios present a view of unaffordability that will favour greater building in the countryside rather than cities outside of London, which runs against concentrating new housing in urban areas consistent with fostering clusters/agglomerations implicit in the new modern industrial strategy. Full article
(This article belongs to the Section Land Planning and Landscape Architecture)
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