Lowering Uncertainty for Sustainable Development: Assessing the Effectiveness of Green Innovation
Sustainable Development, 2026 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Basım Tarihi: 2026
- Doi Numarası: 10.1002/sd.71488
- Dergi Adı: Sustainable Development
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, ABI/INFORM, Environment Index, Geobase, Greenfile, Index Islamicus, Political Science Complete, Public Affairs Index, Political Science Abstract (IPSA), Natural Science Collection (ProQuest), Social Science Premium Collection (ProQuest), Business Source Ultimate (EBSCO), Materials Science & Engineering Collection (ProQuest), Political Science Database (ProQuest), Sociology Source Ultimate (EBSCO), Technology Collection (ProQuest)
- Anahtar Kelimeler: clean technology, oil future, sustainability uncertainty, sustainable development, wavelet coherence
- İstanbul Gelişim Üniversitesi Adresli: Evet
Özet
One of the fundamental challenges on the path to sustainability is the interruption caused by various uncertainties. This study examines how clean energy technology interacts with sustainability uncertainty across different timescales and frequencies, using data from March 2013 to March 2025. Wavelet coherence and partial wavelet coherence analyses are used to explore the dynamic relationships, accounting for the influence of oil futures. The results indicate a dynamic relationship between clean energy technology and sustainability uncertainty. While clean technology and sustainability uncertainty moved in opposite directions between 2014 and 2015, there were positive co-movements from 2017 to 2021. Most changes were driven by clean technology and were evident only in the short term, whereas movements were nearly synchronized in the medium term, with indications of long-term synchronization. Therefore, sustainability uncertainty may be triggered by the market signal effect, which causes most short-term disturbances. However, this relationship is not entirely independent of oil futures, especially in the long term. This suggests that a long-term sustainability path is not independent of oil market dynamics. Consequently, long-term sustainability strategies could be more effective by leveraging attractive clean technology stock indices to improve sustainable finance.