Determining The Role of Green Logistics and Green Finance to Achieve Carbon Neutrality

Ozekenci, Süreyya Yilmaz; Nur, Tuğba

doi:10.17270/J.LOG.001147

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Tytuł artykułu

Determining The Role of Green Logistics and Green Finance to Achieve Carbon Neutrality

Autorzy

Ozekenci Süreyya Yilmaz , Nur Tuğba

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DOI

10.17270/J.LOG.001147

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Abstrakty

Background: Significant global efforts are underway to address environmental challenges and ensure sustainable growth. In particular, European Union (EU) countries have set policies to reduce net emissions by 55% by 2030. However, the impact of economic and social factors on environmental sustainability remains uncertain. Integrating green logistics and green finance practices into policies is considered a critical strategy for balancing economic growth with environmental impact. This study aims to explore the role of green logistics and green finance in achieving carbon neutrality goals in EU countries. Methods: This study investigates the effects of green logistics, green finance, economic growth, and financial development on carbon dioxide emissions in 26 EU countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovakia, Spain, Sweden) from 2014 to 2021. The impact is assessed using the Estimated Generalized Least Squares (EGLS) method, based on preliminary test results. Results: The findings show that economic growth and financial development contribute to increased CO₂ emissions, while green logistics and green finance practices help reduce CO2 emissions. The results underscore the importance of integrating green logistics and green finance into policy frameworks aimed at environmental sustainability. Conclusions: The findings suggest that promoting environmentally friendly logistics practices, investing in technological infrastructure, and supporting financial instruments such as green bonds can play a crucial role in reducing environmental damage and fostering sustainable growth. Green logistics and green finance practices can serve as powerful policy tools to mitigate the environmental impacts of economic activities and promote long-term sustainable development. Additionally, focusing on green technologies and renewable energy investments, while considering the technical and structural impacts of financial development and economic growth, is crucial for achieving carbon neutrality targets in EU countries.

Słowa kluczowe

green logistics green finance carbon neutrality economic growth financial development

zielona logistyka zielone finanse neutralność węglowa wzrost gospodarczy rozwój finansowy

Wydawca

Wyższa Szkoła Logistyki

Czasopismo

LogForum

Rocznik

2025

Tom

Vol. 21, no 1

Strony

47--61

Opis fizyczny

Bibliogr. 50 poz., rys., tab.

Twórcy

autor

Ozekenci Süreyya Yilmaz

sureyyayilmaz@cag.edu.tr

Banking and Insurance, Vocational School, Cag University, Mersin, Turkey

https://orcid.org/0000-0003-4150-4101

autor

Nur Tuğba

nurtugba.91@gmail.com

Department of Finance, Şırnak University, Turkey

https://orcid.org/0000-0002-0974-4896

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr POPUL/SP/0154/2024/02 w ramach programu "Społeczna odpowiedzialność nauki II" - moduł: Popularyzacja nauki (2025).

Typ dokumentu

Bibliografia

Identyfikator YADDA

bwmeta1.element.baztech-e962215f-7734-42c0-ab26-982689401d9b