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- MakaleAçık Erişim2026Scopus SJRQ1Does Climate Change Vulnerability Cause Energy Vulnerability in Sustainable Development?
Isik, Cem; Ongan, Serdar; Kuziboev, Bekhzod; Imamoglu, Ilyas Kays
Climate change and energy security are two fundamental vulnerability areas that interact with each other and hold critical importance for sustainable development goals. This research aims to fill the research gap by investigating the effects of climate change vulnerability (CCV) on the energy vulnerability (EV) relationship, which has not been adequately addressed in the literature, using a large panel dataset covering 74 countries and employing various methodological approaches (MMQR, PLFC, DID). The results of the MMQR model indicate that CCV increases EV across all quantiles. According to the results of the PLFC model, it is revealed that CCV on EV varies depending on the economic development level of countries. This effect is higher in low-income countries. The study also employs the DID model to examine the impact of China's foreign energy investments on countries' EV. According to this model, China's fossil-based energy investments, particularly those in the energy sector, increase the EV of countries. While economic development reduces EV across all quantiles, financial development reduces it in the lower and medium quantiles (25% and 50%); urbanization reduces it in the medium and higher quantiles (50% and 75%). All results show that the interaction between EV and CCV is a multidimensional and dynamic process. Accordingly, policymakers should develop integrated strategies that consider environment and energy policies, economic development, investment type, and environmental risks. Lastly, policymakers should consider energy investments from China not only as a tool for their country's economic growth, but also in terms of energy security and sustainability.
AtıfScopus22WoS22OpenAlex23İncele
- MakaleYalnız künye2026Scopus SJRQ1Economic, Environmental, Social, and Governance (ECON - ESG) Strategies For Sustainable Development: Theory and a Holistic Evidence From Germany
Isik, Cem; Ongan, Serdar; Aydin, Rahman; Imamoglu, Ilyas kays
To achieve the SDGs, in addition to environmental (E), social (S), and governance (G) indicators, economic components should also be evaluated holistically. In this context, this research aims to test the time series characteristics of the indicators in the ECON-ESG structure, which is created by integrating the economic dimension into the ESG framework for Germany. For this purpose, linear and nonlinear structures, Fourier-based stationarity tests, and Bai-Perron multiple structural break tests were employed to examine the linear and nonlinear structures, stationarity cases, and structural breaks of various ESG and economic indicators (ECON). Findings show that many indicators are nonstationary, undergo structural changes over time, and exhibit nonlinear dynamics. The results indicate that sustainability policies should focus not only on indicator levels but also on the behavioral patterns and vulnerabilities of these indicators over time. In this regard, policymakers need to develop a holistic perspective on the economy and ESG, focusing on long-term and flexible policy designs. The study also offers important implications for how the ECON-ESG framework can serve as a model for both national and international markets, particularly in Germany, a developed and leading country in terms of sustainability. Therefore, the proposed ECON-ESG framework offers both theoretical and practical roadmaps for policymakers, firms, and investors to create long-term ESG strategies in support of the SDGs.
AtıfScopus74WoS75İncele



