Leveraging Energy Efficiency, Digitalization, and Green Finance for Sustainable Competitiveness: Insights from OECD Economies Post-COP28
Kun Li, Nawazish Mirza, Adnan Safi, Muhammad Umar, Chi-Wei Su
Keywords:
COP28; Green Finance; Energy Productivity; Digitalization; OECD Economies
Abstract:
The COP28 summit emphasizes the importance of climate strategies to achieve net-zero carbon emissions. Following the COP28, this study explores the role of energy productivity, digitalization, and green finance for sustainable development in OECD economies from 1990 to 2022. Using the method of moments quantile regression and bootstrap quantile regression, we showed that energy productivity significantly reduces emissions, highlighting the importance of energy efficiency policies for sustainable development. Digitalization and green finance also emerge as transformative factors that facilitate low-carbon transitions. Furthermore, imports and economic growth enhance carbon emissions in OECD economies, while exports reduce emissions. These results highlight the necessity for OECD countries to integrate energy productivity, digital innovation, and green finance into their climate strategies, aligning with the COP28 decarbonization outline and promoting sustainable development.
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 Leveraging Energy Efficiency, Digitalization, and Green Finance for Sustainable Competitiveness: Insights from OECD Economies Post-COP28 [PDF file] [Filesize: 926.42 KB]
 10.7441/joc.2025.02.12
Li, K., Mirza, N., Safi, A., Umar, M., & Su, C.-W. (2025). Leveraging energy efficiency, digitalization, and green finance for sustainable competitiveness: Insights from OECD economies post-COP28. Journal of Competitiveness, 17(2). https://doi.org/10.7441/joc.2025.02.12
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