How Does Innovation and Globalization Affect Environmental Sustainability: A Review

The main aim of this study is investigating the effect of innovation, foreign direct investment, public investment, globalization and carbon intensity on CO2 in G-11 countries. This paper examines and synthesizes existing theoretical and experiential literature on said question. It first draws the overview of the asymmetric effect of innovation foreign direct investment, public investment, carbon intensity and globalization on CO2 in G-11 countries. Second, it identifies the literature based on the theoretical and empirical visions from the published literature. In addition, this article put light on theoretical methods that describes how/ why these methods work. Third, this article proposes three fruitful magnitudes for further research. This paper contributes to the area of asymmetric effect of innovation, foreign direct investment, public investment, globalization and carbon intensity on CO2 in G-11 countries. By critically analyzing and amalgamating existing theory and research on asymmetric effect of innovation, foreign direct investment, public investment, globalization and carbon intensity on CO2 in G-11 countries.