International Journal of Green Economics (5 papers in press)

Regular Issues

• Investigating the impact of blue economy factors such as tourism, fishing and renewable energy on economic growth: fresh panel evidence from Bangladesh, Myanmar and India  
  by Mst. Jannatul Mawa, Ahsan Habib, Nayem Miah, Imtiaz Uddin, Md. Hasanur Rahman 
  Abstract: The present study examined the factors of the blue economy and measured the influence of the selected factors on economic growth. This study conducted a balanced panel analysis using secondary data spanning from 1995 to 2023. The unit root test results state that variables are stationary at first differences, and there is cointegration. The major findings of this study indicate a positive association between renewable energy use and economic growth. A 1% increase in renewable energy consumption tends to boost economic growth by 0.18%. Tourism has failed to determine economic growth in this selected panel group. More precisely, a 1% increase in fishing value boosts economic growth by 0.44%. The economic significance of fishing in Bangladesh, India, and Myanmar is very high. This study makes a significant contribution by analysing the correlation between the characteristics of the blue economy and economic growth in Bangladesh, Myanmar, and India.
  Keywords: blue economy; BE; economic growth; new panel; green energy; tourism development; Bangladesh; Myanmar; India.
  DOI: 10.1504/IJGE.2026.10075830
   
  
• Microalgae for biofuel production: a critical assessment of technologies, environmental performance, and scale-up challenges  
  by Taofeeq Durojaye Moshood, Gusman Nawanir, Oluwaseun Ruth Alara 
  Abstract: Microalgae represent promising feedstocks for biofuel production due to their rapid growth rates, high lipid content, and superior biomass yields compared to terrestrial crops. This critical assessment examines the technological pathways, environmental performance, and scale-up challenges of microalgae-based biofuel production systems. The review systematically analyses cultivation methods (including open ponds and photobioreactors), harvesting techniques, and conversion processes (thermochemical and biochemical) currently employed in microalgae biofuel production. Environmental performance analysis reveals microalgaes potential for greenhouse gas mitigation through carbon dioxide fixation during cultivation, though life cycle assessments indicate that energy-intensive dewatering and processing steps remain significant barriers to sustainability. Despite theoretical advantages, commercial-scale production faces persistent economic challenges related to high operational costs, energy requirements, and capital investments. The assessment identifies key technological bottlenecks requiring innovation: improving lipid productivity through strain selection and optimisation, developing energy-efficient harvesting and dewatering processes, and integrating biorefinery approaches to valorise co-products. By evaluating these interdependent factors, this review provides a comprehensive framework for researchers, industry stakeholders, and policymakers to advance the development of economically viable and environmentally sustainable microalgae biofuel production systems.
  Keywords: microalgae; biofuels production; algae fuel manufacturing; sustainability.
  DOI: 10.1504/IJGE.2026.10075859
   
  
• Green development as a catalyst for inclusive economic transformation: a cross-country analysis of sustainable growth pathways  
  by Bilal Kargı 
  Abstract: This study investigates how green development influences inclusive economic transformation across OECD countries between 2000 and 2022. Grounded in ecological economics and inclusive growth theory, it combines sustainability and equity within a unified analytical framework. Using advanced panel data methods fixed effects, Driscoll-Kraay, and system GMM it assesses the effects of renewable energy use, reduced carbon intensity, and green innovation on income equality, social protection, and employment participation. The findings show that green development significantly promotes inclusive growth, particularly in countries with strong governance, effective regulation, and robust financial systems. Institutional quality plays a key role in translating green investments into equitable outcomes. Addressing a gap in the literature that often treats environmental and social goals separately, the study demonstrates how green transitions can align ecological sustainability with social justice. The results offer valuable policy insights for promoting just transitions consistent with the Sustainable Development Goals and the Paris Agreement.
  Keywords: green development; inclusive growth; OECD countries; sustainable transition; panel data analysis.
  DOI: 10.1504/IJGE.2026.10076373
   
  
• Assessing the viability of MSWM and measuring its abatement costs: a case study in Maharashtra  
  by Priti Mastakar, Kakali Mukhopadhyay, Vijay Mastakar 
  Abstract: Climate change risks are increasing due to human activities, particularly in developing nations such as India, where the large population produces significant amounts of waste that, when mismanaged, leads to the emission of greenhouse gases. This study conducts a cost-benefit analysis (CBA) of the ULB projects and assesses the financial viability of the MSWM projects in five Maharashtra cities, exploring the option of enhancing viability by incorporating environmental benefits. The present research seeks to quantify the effects of GHGs saved by MSWM using two methods the EPA-WARM model and Collins (2009). The findings indicate that the most significant impact on resource optimisation comes from recycling procedures, with abatement benefits from practices such as bio-methanation and composting. Leveraging these benefits can help in earning carbon credits, and the successful implementation with community involvement can assist in efficient waste handling and the mitigation of climate change hazards. Enhanced cash flow and the monetisation of carbon credits can boost access to climate change funding by improving debt service coverage ratio (DSCR) and debt repayment (DR) capacity.
  Keywords: municipal solid waste management; GHG emissions; Maharashtra; circular economy; recycling; carbon credits.
  DOI: 10.1504/IJGE.2026.10076673
   
  
• Corporate sustainability reporting practices in Bangladesh through the lens of global reporting initiative standards in the interface of Sustainable Development Goals  
  by Md. Nazrul Islam, Md Shafayet Shahed Ornob, Md. Rabiul Islam, Shimla Akter 
  Abstract: The study aims to measure the extent to which the listed manufacturing firms are complying with the global reporting initiative (GRI) in their annual reports as these reports are a mirror of organisational activities within the boundaries of the SDGs. In conducting this study, 114 listed manufacturing companies were used as the sample and their published annual reports over a five-year period are the main sources of data and content analysis technique with a dichotomous approach is used to collect data. Econometric techniques, such as OLS, 2SLS, fixed effect, random effect, and generalised method of moments (GMM) are used to analyse the data. The dependent variable is the GRI index, while the independent variables are firm-specific financial performance indicators. The investigations revealed that the firms total liability, leverage ratio, total sales, total expenditure, market price of stock, market value of the firm, and Tobin Q are significant determinants of GRI compliance and this compliance helps to achieve at least twelve SDGs.
  Keywords: global reporting initiative; GRI; manufacturing firm; financial characteristics; sustainability index; SDGs; Bangladesh.
  DOI: 10.1504/IJGE.2026.10076674