Driving Sustainability, Eco-efficiency of Finance, Trade and Transport Energy Diversity
DOI:
https://doi.org/10.23925/2179-3565.2025v16i1p92-114Keywords:
Transport Energy Diversity, Eco-efficiency, Central Asia Future SustainabilityAbstract
Eco-efficiency is a lively concept toward clean production and biggest universal challenge. Carbon dioxide (CO₂) is a primary greenhouse gas and transport accounts for a third of world CO₂ emissions unprecedented accelerating of global warming. A wide range of clean energy production initiatives contribute to prevent damages the environment. This study sought to introduce first-hand knowledge and researchers/practitioners debate on energy diversity and identifying the best ways of clean energy production contribute to achieve United Nation sustainable development targets. An adequate response to this challenge intent study model was designed to summarize time series data of four major energy consumed, potential trade and high clusters populated Asian countries period from 2001 to 2022 and three data analysis methods were used; first, past and future analysis, second card analysis and third Regression, GMM, and Robust measurement underscore the effect of transport energy diversity on eco-efficiency and sustainability. Study trends result indication for world high fuel dependency. Transport Oil energy consumption source China on top, while Gas and electric transport energy consumption Japan at leading technology initiates toward green transportation, but country’s still away from Paris Agreement-Target-2050. Graphical card investigation indicate Eco-efficiency and energy consumption in transportation sector have inverse relationship. Regression and GMM result point out the transport, Oil, Gas and Electric power motion positive highly significance effect on eco-efficiency and Sustainable Development Goals, moreover indicate Oil is one of the most common energy source and one point clean energy production biggest impact on world environment toward sustainability, as electric less CO₂ emission source, Trade negative, FDI and ODA are positive significant impact on eco-efficiency, ODS, Foreign trade and FDI positive, Environmental development, Human Index negative and economic development positive impact on SDGs. The robust outcomes indicate the validity and the sustainability of data and results. Study implication and recommendation are cleared; transportation-oriented systems should be designed as environmentally friendly systems. The government should create policies to encourage people to give up gasoline and diesel as means of transportation until modern technology becomes more efficient. Electric energy suggest suitable substitute of fossil fuel toward clean energy production UN Agenda Sustainable Development Goals.
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