Climate change and geopolitical conflicts: The role of ESG readiness.

Autor: Alam A; University of Salford, UK. Electronic address: m.a.alam@salford.ac.uk., Banna H; Manchester Metropolitan University, UK. Electronic address: b.banna@mmu.ac.uk., Alam AW; Kean University, USA. Electronic address: aalam@kean.edu., Bhuiyan MBU; Massey University, New Zealand. Electronic address: m.b.u.bhuiyan@massey.ac.nz., Mokhtar NB; University of Salford, UK; BPP University, UK. Electronic address: Nurbintimokhtar@bpp.com.
Jazyk: angličtina
Zdroj: Journal of environmental management [J Environ Manage] 2024 Feb 27; Vol. 353, pp. 120284. Date of Electronic Publication: 2024 Feb 09.
DOI: 10.1016/j.jenvman.2024.120284
Abstrakt: This study examines the relationship between climate change vulnerability and geopolitical risk using data on 42 countries from 1995 to 2021. Utilising two distinct indices, the climate vulnerability index (CVI) and the country-specific geopolitical risk (CGPR) indices, we find that countries with high vulnerability to climate change are more likely to experience geopolitical conflicts. Further analysis reveals that country-level overall economic, social, and governance (ESG) readiness significantly mitigates this detrimental effect. This moderation is mainly attributed to the social and governance readiness measures. Additional tests indicate that the mitigating role of ESG is more pronounced for countries with high institutional governance. These results remain resilient through a set of endogeneity tests using matched samples of countries generated through propensity score matching (PSM) estimation. Our findings suggest that addressing climate vulnerability is crucial to promoting global peace and geopolitical stability.
Competing Interests: Declaration of Competing interest There is no conflict of interest.
(Copyright © 2024 The Authors. Published by Elsevier Ltd.. All rights reserved.)
Databáze: MEDLINE
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