<p>Achieving net-zero commitments for the advancement of sustainable development in developing nations, necessitates the set goal of SDGs of a multifaceted approach, leveraging green technological innovation, promoting green trade openness, and fostering financial inclusion. This paper, explores the pivotal role of these factors, in enhancing environmental management, and driving sustainability, in business practices. Green technological innovation, offers scalable solutions, to mitigate environmental degradation, reduce carbon emissions, and optimise resource utilisation. Embracing green trade openness, facilitates the adoption, and dissemination of sustainable technologies, fostering global collaboration. Additionally, promoting financial inclusion, with greening protocol, ensures equitable access to resources, and opportunities, empowering marginalised communities, to participate in sustainable initiatives. The present investigation employed conventional econometric methodology, including panel unit root, cointegration the cross-section augmented autoregressive distributed lagged (CS-ARDL) model, augmented mean group (AMG). Green innovation stands as an important instrument for obtaining environmental sustainability goals. Eco-friendly technologies develop better through this approach because it leads emerging economies to use fewer carbon emissions and work with more efficient resources. This scholarly work adds to existing knowledge by highlighting how green technological innovations defend against climate change. The study establishes that emerging economies require linking their economic growth with environmental sustainability for sustainable development. Sustainable development practices with socio-economic inequality solutions are achieved through green technological innovation along with green trade openness.</p>

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Net-Zero commitment for sustainable development in emerging economies: the role of green technological innovation, green trade openness & financial inclusion

  • Fazal Ayaz,
  • Guo Mingjing,
  • Shah Abbas

摘要

Achieving net-zero commitments for the advancement of sustainable development in developing nations, necessitates the set goal of SDGs of a multifaceted approach, leveraging green technological innovation, promoting green trade openness, and fostering financial inclusion. This paper, explores the pivotal role of these factors, in enhancing environmental management, and driving sustainability, in business practices. Green technological innovation, offers scalable solutions, to mitigate environmental degradation, reduce carbon emissions, and optimise resource utilisation. Embracing green trade openness, facilitates the adoption, and dissemination of sustainable technologies, fostering global collaboration. Additionally, promoting financial inclusion, with greening protocol, ensures equitable access to resources, and opportunities, empowering marginalised communities, to participate in sustainable initiatives. The present investigation employed conventional econometric methodology, including panel unit root, cointegration the cross-section augmented autoregressive distributed lagged (CS-ARDL) model, augmented mean group (AMG). Green innovation stands as an important instrument for obtaining environmental sustainability goals. Eco-friendly technologies develop better through this approach because it leads emerging economies to use fewer carbon emissions and work with more efficient resources. This scholarly work adds to existing knowledge by highlighting how green technological innovations defend against climate change. The study establishes that emerging economies require linking their economic growth with environmental sustainability for sustainable development. Sustainable development practices with socio-economic inequality solutions are achieved through green technological innovation along with green trade openness.