On the Path to Green Economy: Can Green Foreign Direct Investment Accelerate the Success of Climate Action?

Basit Öğe Kaydı
dc.authorid Yağış, Onur / 0000-0003-3457-657X
dc.contributor.authorÇağlar, Abdullah Emre
dc.contributor.authorUche, Emmanuel
dc.contributor.author Yağış, Onur
dc.contributor.authorNgepah, Nicholas
dc.date.accessioned2026-02-03T12:03:10Z
dc.date.available2026-02-03T12:03:10Z
dc.date.issued2025
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractToday, emerging economies that struggle to cope with environmental problems often face challenges in implementing effective climate action policies. A significant portion of environmental pollution in these countries is caused by foreign direct investment. Meanwhile, the existing environmental economics literature remains silent on the environmental implications of green foreign direct investment (GFDI). This study examines the impact of GFDI on environmental sustainability by incorporating Fourier terms into the panel nonlinear ARDL method. Therefore, this new empirical study extends the literature on the STIRPAT model by examining the impact of GFDI on environmental sustainability in seven developing countries (E7) and South Africa. The empirical assessment revealed that positive GFDI shocks significantly enhance environmental quality, while negative shocks undermine environmental sustainability. Hence, attracting more GFDI to sustain its pleasant effects is expedient. The E7+ should provide more incentives to foreign investors who promote greenfield projects, given the environmental quality-enhancing attributes of GFDI.
dc.identifier.doi10.1002/sd.70159
dc.identifier.endpage9384
dc.identifier.issn0968-0802
dc.identifier.issn1099-1719
dc.identifier.issue6
dc.identifier.scopus2-s2.0-105013457348
dc.identifier.scopusqualityQ1
dc.identifier.startpage9372
dc.identifier.urihttps://doi.org/10.1002/sd.70159
dc.identifier.urihttps://hdl.handle.net/20.500.12428/34994
dc.identifier.volume33
dc.identifier.wosWOS:001550222500001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherWiley
dc.relation.ispartofSustainable Development
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20260130
dc.subjectclimate action
dc.subjectemerging seven countries
dc.subjectenvironmental sustainability
dc.subjectFourier NARDL
dc.subjectgreen FDI
dc.titleOn the Path to Green Economy: Can Green Foreign Direct Investment Accelerate the Success of Climate Action?
dc.typeArticle

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