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Nexus between ECO-Innovation, Human Development and CO2 Emissions

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  • Louisa-Maria Bucur

Abstract

Climate change and environmental issues have become increasingly acute in recent decades, raising global concerns about environmental sustainability. In this context, eco-innovation has become an indispensable component of the efforts to undertake these challenges and build a more sustainable future. This research focuses on analysing the relationship between the eco-innovation index, the human development index (HDI), greenhouse gas (GHG) emissions, CO2 emissions per capita in European Union member states, for the period 2013-2021. Adopting statistical analysis, particularly the Pearson correlation coefficient, the research examines the relation between these variables. The findings shed light on the complex dynamics between eco-innovation, human development, economic indicators, and environmental factors, providing valuable insights for policy makers, researchers who want to deal with sustainability challenges and promote inclusive growth.

Suggested Citation

  • Louisa-Maria Bucur, 2024. "Nexus between ECO-Innovation, Human Development and CO2 Emissions," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 27(87), pages 2-10, March.
    • Handle: RePEc:rej:journl:v:27:y:2024:i:87:p:2-10
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    More about this item

    Keywords

    eco-innovation; human development; greenhouse gas emissions; CO2 emissions; sustainability;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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