Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies

Energy and environmental concepts have been extensively studied in the past. However, these studies often lacked integrated analysis of energy, monetary, public, and ecological aspects to assess energy and environmental issues. This article provides analyzation of the G7 nations’ qualitative, social...

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Autores principales:	Jialiang Huang, Xiaoxia Wang, Hongda Liu, Sajid Iqbal
Formato:	article
Lenguaje:	EN
Publicado:	Frontiers Media S.A. 2021
Materias:	energy finance financial indicator ecological perspective climate change energy poverty General Works A
Acceso en línea:	https://doaj.org/article/bfb30a4ceb81429bad812b10761cf224
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spelling	oai:doaj.org-article:bfb30a4ceb81429bad812b10761cf2242021-12-01T10:56:22ZFinancial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies2296-598X10.3389/fenrg.2021.777796https://doaj.org/article/bfb30a4ceb81429bad812b10761cf2242021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fenrg.2021.777796/fullhttps://doaj.org/toc/2296-598XEnergy and environmental concepts have been extensively studied in the past. However, these studies often lacked integrated analysis of energy, monetary, public, and ecological aspects to assess energy and environmental issues. This article provides analyzation of the G7 nations’ qualitative, social, cultural, and health achievement in the energy poverty indexes. These include the energy economics and climate change of energy poverty, by using DEA like a composite indicator. The G7 countries’ combined energy consumption is equal to 34% of the world’s total, whereas the GDP is 50% of the global total. As a result, this article develops a comprehensive series of energy, financial, societal, and environmental indicators that are up to date. Such indicators are utilized to assess energy financial, societal, and EPI using a mathematical composite indicator. Canada has the greatest EPII score, indicating that it can deal better than the other G7 countries with energy independence, productivity expansion, and social impact, and France’s and Italy’s the second tier. While Japan has a 0.50 EPI grade and the United States will have the lowest, the G7 countries are growing faster. Finally, we propose a policy framework for enhancing the research area. The energy, societal, and EPI were created by combining these elements. In terms of energy independence, economic growth, and sustainability practices, Canada beats the other G7 countries according to the data. France and Italy are in the 2nd and 3rd places, respectively. Despite having a higher level of economic development than the G7 countries, Japan has a 0.50 Environmental Performance Index rating, whereas the United States has a minimum average Environmental Performance Index rating. Finally, in order to improve the study’s subject, we propose a policy framework.Jialiang HuangXiaoxia WangHongda LiuSajid IqbalFrontiers Media S.A.articleenergy financefinancial indicatorecological perspectiveclimate changeenergy povertyGeneral WorksAENFrontiers in Energy Research, Vol 9 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	energy finance financial indicator ecological perspective climate change energy poverty General Works A
spellingShingle	energy finance financial indicator ecological perspective climate change energy poverty General Works A Jialiang Huang Xiaoxia Wang Hongda Liu Sajid Iqbal Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
description	Energy and environmental concepts have been extensively studied in the past. However, these studies often lacked integrated analysis of energy, monetary, public, and ecological aspects to assess energy and environmental issues. This article provides analyzation of the G7 nations’ qualitative, social, cultural, and health achievement in the energy poverty indexes. These include the energy economics and climate change of energy poverty, by using DEA like a composite indicator. The G7 countries’ combined energy consumption is equal to 34% of the world’s total, whereas the GDP is 50% of the global total. As a result, this article develops a comprehensive series of energy, financial, societal, and environmental indicators that are up to date. Such indicators are utilized to assess energy financial, societal, and EPI using a mathematical composite indicator. Canada has the greatest EPII score, indicating that it can deal better than the other G7 countries with energy independence, productivity expansion, and social impact, and France’s and Italy’s the second tier. While Japan has a 0.50 EPI grade and the United States will have the lowest, the G7 countries are growing faster. Finally, we propose a policy framework for enhancing the research area. The energy, societal, and EPI were created by combining these elements. In terms of energy independence, economic growth, and sustainability practices, Canada beats the other G7 countries according to the data. France and Italy are in the 2nd and 3rd places, respectively. Despite having a higher level of economic development than the G7 countries, Japan has a 0.50 Environmental Performance Index rating, whereas the United States has a minimum average Environmental Performance Index rating. Finally, in order to improve the study’s subject, we propose a policy framework.
format	article
author	Jialiang Huang Xiaoxia Wang Hongda Liu Sajid Iqbal
author_facet	Jialiang Huang Xiaoxia Wang Hongda Liu Sajid Iqbal
author_sort	Jialiang Huang
title	Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
title_short	Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
title_full	Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
title_fullStr	Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
title_full_unstemmed	Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies
title_sort	financial consideration of energy and environmental nexus with energy poverty: promoting financial development in g7 economies
publisher	Frontiers Media S.A.
publishDate	2021
url	https://doaj.org/article/bfb30a4ceb81429bad812b10761cf224
work_keys_str_mv	AT jialianghuang financialconsiderationofenergyandenvironmentalnexuswithenergypovertypromotingfinancialdevelopmenting7economies AT xiaoxiawang financialconsiderationofenergyandenvironmentalnexuswithenergypovertypromotingfinancialdevelopmenting7economies AT hongdaliu financialconsiderationofenergyandenvironmentalnexuswithenergypovertypromotingfinancialdevelopmenting7economies AT sajidiqbal financialconsiderationofenergyandenvironmentalnexuswithenergypovertypromotingfinancialdevelopmenting7economies
_version_	1718405255586119680

Financial Consideration of Energy and Environmental Nexus with Energy Poverty: Promoting Financial Development in G7 Economies

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