Navigating the path to environmental sustainability: Insights from CIVETS on the intersection of ICT diffusion, natural resources, and green technological innovation

Abstract

The rapid technological and economic growth in CIVETS countries poses challenges to environmental sustainability. This study explores the intricate relationships between Information and Communication Technology (ICT), natural resource usage, and green innovation in these economies. Employing advanced statistical models uncovers long-term and short-term patterns, providing valuable insights for policymakers, stakeholders, and scholars. Key findings reveal that ICT diffusion can potentially reduce carbon emissions, while natural resource rent is linked to increased ecological footprints. Conversely, green technological innovation is promising in alleviating environmental degradation. The study underscores the importance of comprehensive policies integrating ICT diffusion, sustainable resource management, and green innovation. To achieve environmental sustainability, the study recommends responsible natural resource extraction, fiscal incentives for green innovation, digital tools for environmental monitoring, and international collaboration. Public awareness and sustainable urbanization practices guided by ICT are also crucial. These insights help policymakers balance economic development with ecological preservation in the CIVETS nations.