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The green Frontier: Leveraging information globalization, ICT, green innovation, and financial depth for sustainable progress in the United Kingdom

Author

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  • Ramzan, Muhammad
  • Abbasi, Kashif Raza
  • Ullah, Sami
  • Adebayo, Tomiwa Sunday

Abstract

The rise of new ideas, technologies, business models, and the internet has significantly enhanced the global flow of resources and information, offering opportunities for cleaner and more sustainable industrial production. However, previous research has largely overlooked the interplay between globalization, innovation, and green energy growth. This study addresses this gap by examining the impact of information globalization (ING), information and communication technology (ICT), green innovation (GRN), and financial depth (FND) on green growth (GRG) and energy transition (ENT) in the United Kingdom from 1990 to 2020. The empirical analysis based on the novel Fourier Quantile Causality test reveals that ICT is a key predictor of ENT, while ING, GRN, and FND play vital roles in promoting green growth, particularly in medium and high quantiles. Additionally, the findings indicate that ING and ICT enhance the positive effects of GRN and FND on green growth and energy transition. This research introduces a novel analytical framework that integrates these factors, offering novel insights and implications for sustainable energy policy. Based on these insights, the study propose several policy recommendations aimed at fostering green growth and facilitating the renewable energy transition, contributing to the sustainable development goals of the United Kingdom.

Suggested Citation

  • Ramzan, Muhammad & Abbasi, Kashif Raza & Ullah, Sami & Adebayo, Tomiwa Sunday, 2025. "The green Frontier: Leveraging information globalization, ICT, green innovation, and financial depth for sustainable progress in the United Kingdom," Renewable Energy, Elsevier, vol. 251(C).
    • Handle: RePEc:eee:renene:v:251:y:2025:i:c:s0960148125010171
    DOI: 10.1016/j.renene.2025.123355
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