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September 10, 2025E+M Ekonomie a ManagementOpen Access

Central European sustainable economy: The role of green finance, technological innovation, and circular economy

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Authors

TNTakyi Kwabena NsiahANAlina Cristina NuţăBGBeáta Gavurová

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Overview

This analysis finds that green finance, technological innovation, and circular economy can reduce ecological footprints in Central Europe, suggesting policy shifts for sustainability.

Key Points

  • A notable reduction in ecological footprints is linked to advancements in green finance, technological innovation, and implementing a circular economy.
  • Key metrics show that energy consumption and urbanization are primary contributors to increased ecological footprints, countering efforts toward sustainability.
  • Observational analysis across Central European communities from 1990 to 2022 applied robust econometric models to evaluate key factors and relationships.
  • The results emphasize the importance of applying suitable policies across Central European countries to facilitate a transition to a sustainable economy.

Cite This Study

Nsiah et al. (2025) studied this question.

synapsesocial.com/papers/68c18c089b7b07f3a0614915https://doi.org/10.15240/tul/001/2025-3-003
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Also Consider

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  1. 1Circular economy and ecological footprint: A disaggregated analysis for the EU2024 · 25 citations
  2. 2Circular Economy and Sustainable Development: Evidence From Green Innovation, Energy Transition, and Green Investment on Ecological Footprint in <scp>G7</scp> Countries2026
  3. 3Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development2025
  4. 4Green Finance and Ecological Footprint: Empirical Evidence from 13 Leading Countries in Green Financial Development2025
  5. 5Circular business activities and economic performance optimization in EU countries: towards consumption footprint management2024 · 3 citations