ESTIMATING ROLE OF GREEN FINANCING ON ENERGY SECURITY, ECONOMIC AND ENVIRONMENTAL INTEGRATION OF BRI MEMBER COUNTRIES CHUC ANH TU, FENGSHENG CHIEN, MUAWYA AHMED HUSSEIN, YANTO RAMLI MM, MOCHAMAD SOELTON S. PSI, et al. Singapore Economic Review, 2026 China’s Belt and Road Initiative (BRI) developed a system of interaction with the member countries to uplift economic and environmental integration. Through BRI, these countries are now developing in the field of financial management, energy and environment. This raised the importance to test nexus between energy, finance and environment-related constructs to present the empirical significance with policy suggestions. Therefore, considering the SDG number 7 for sustainable and reliable energy system, recent investigation attempted to determine that how green financing raise energy efficiency, and, to what extent economic and environmental integration act as a catalyst to enhance sustainability and reliability in energy systems of BRI member countries. For empirical analysis, study used the data from 2005–2018. The results have shown a significant variation in energy financing patterns, renewable energy sources consumption and carbon emission trends in BRI member nations. Moreover, the Probit regression analysis confirmed this variation between energy efficiency, financing patterns and carbon emission. Moreover, Human Development Index (HDI) and public financing in energy sector have shown a limited role in developing energy efficiency, which presented the room for private investment through green financing for energy efficiency maximization and this proved as significant in study context. This study also presented policy guidelines for key stakeholders.
Green beauty: An approach to understanding purchase intentions Yuli Harwani, Daru Asih, Yanto Ramli, Agus Arijanto, Mochamad Soelton, et al. International Journal of Advanced and Applied Sciences, 2025 This study investigates the factors influencing the intention to purchase environmentally friendly products, focusing on eco-friendly body lotions and similar plant-based personal care products in Jakarta. As consumer awareness of sustainability grows, companies are innovating in green marketing, emphasizing responsibly sourced natural ingredients, recycled packaging, and ethical practices. Using a quantitative approach, data were collected through questionnaires from 124 loyal customers in Jakarta, and analyzed with SEM-PLS. The study examines the effects of environmental concern, green trust, and green pricing on purchase intentions, moderated by social influence and green positioning. Results reveal that environmental concern does not significantly influence purchase intentions, while green trust and green pricing have a positive and significant impact. Green positioning moderates the relationships between environmental concern, green trust, and green pricing on purchase intentions. Conducted in collaboration with Universiti Sains Malaysia, this research contributes to strategic marketing literature by highlighting the role of green positioning in promoting environmentally friendly products.
The Effects of Green Technology, Energy Efficiency and Environmental Concerns to improve Sustainable Environment: Moderating Role of the Organizational Awareness Yanto Ramli, Dudi Permana, Mochamad Soelton, Tine Yuliantini, Amirudin Wibowo, et al. International Journal of Energy Economics and Policy, 2025 Sustainable environment has the demand of the entire world due to extensive environmental degradation and this aspect needs the foremost intention of recent studies. Thus, the present study investigates the impact of green technology, energy efficiency and environmental concerns on sustainable environment in Indonesia. The study also investigates the organizational awareness as moderator among predictors and predictive variables. The study gathered the primary data with the help of survey questionnaires form the employees of the oil industry in Indonesia. The study also used the smart-PLS to examine the association between the constructs. The outcomes indicated that the green technology, environmental concerns and energy efficiency has a positive and significant association with sustainable environment. The results also revealed that the organizational awareness also moderate the association among green technology, environmental concerns, energy efficiency and sustainable environment. The study provides the guidelines to the policymakers in making significant policies related to achieve the sustainable environment using energy efficiently, high concerns of environment and effectively using green technology.
Analysis of the Visiting Decision as Mediation in Identifying the Willingness of Baduy Tribe Tourism Recommendations Eka Prasetiawan, Yuli Harwani, Dudi Permana, Yanto Ramli Australasian Accounting Business and Finance Journal, 2025 This research aims to test and analyze the Visiting Decision, which mediates the relationship between Image Tourism Destination, Role of Social Media, Community Tourism Participation, Natural Attraction, and Cultural Healing of the Baduy Tribe on Willingness to Recommend. The analysis method used is SEM-PLS. The result is that the visiting decision can mediate the factors studied in identifying the willingness to recommend visiting Baduy tourism. This research shows the appropriate tourism development model to be implemented in the Baduy Tribe of Lebak Regency while maintaining the community's cultural values and local wisdom. The limitation of this research is that it still uses several variables that were used in previous studies. However, the new thing is the inclusion of the cultural healing variable in the research as a variable that prevents researchers from using it, except for variables that are almost the same, such as health tourism and medical tourism.
Analyzing the Impact of Natural Resource Rents, Green Finance and Digital Finance on Environmental Quality: Evidence from Developing Countries Dudi Permana, Ansa Savad Salim, Yanto Ramli, Zilola Shamansurova International Journal of Energy Economics and Policy, 2024 Most of the developing economies face the issue of environmental degradation despite having tremendous growth in previous decades. Therefore, these countries are not able to preserve their development level if they do not achieve their targets of environmental sustainability. In this view, this study aims to analyze the effect of green finance, digital finance and natural resources on carbon dioxide (CO2) emissions for a panel of 23 developing countries over 2010 to 2020 period. The study has applied Driscoll-Kraay Standard Error estimation technique to conduct the empirical estimation. The outcomes of the study identify that natural resources and digital finance reduce, whereas green finance increase the level of CO2 emissions. The findings of causality test indicate that green finance, digital finance and natural resources do not granger cause the CO2 emissions. Thus, natural resources and digital finance have significant contribution to improve the environmental quality. Based on the findings, the study recommends relevant policies for the effective utilization of natural resources and promoting digital finance to achieve the targets of environmental sustainability in developing countries.
Nexus among Crypto Trading, Environmental Degradation, Economic Growth and Energy Usage: Analysis of Top 10 Crypto-friendly Asian Economies Rina Astini, Kehkashan Ishrat, Yanto Ramli, Tafiprios Tafiprios, Kwong Wing Chong, et al. International Journal of Energy Economics and Policy, 2023 The higher discharge of carbon emissions in environment is endangering human life as well as eco system. With the emergence of digital technology, crypto trading and blockchain technologies are also causing the paradigm shift in technological needs, however, in parallel, creating unresolved environmental problems especially in the top 10 crypto-friendly Asian economies due to the higher percentage of poisonous emissions. Thereby, the study attempts to scrutinize the nexus among crypto-trading, environmental degradation, economic growth and energy usage. CO2 emissions are taken as a proxy of environmental degradation in the context of crypto friendly Asian economies. The data extracted from WDI and coin market cap covering the period from 2012-2020. The article applied CS-ARDL technique in order to find the association between variables in short and long run. Granger Causality test is also applied to find out the causality among constructs. Findings expose that bi-directional causality exists between crypto trading and carbon emission and crypto trading and energy usage, hence, disturbing environmental sustainability due to high emissions. The paper suggests policy makers and other institutional officers to de-socialize those block chain technologies which consumes high energy and use green technology as their substitute. This helps in the reduction of environmental damages.
Impact of energy efficiency, technology innovation, institutional quality, and trade openness on greenhouse gas emissions in ten Asian economies Zheng Wenlong, Nguyen Hoang Tien, Amena Sibghatullah, Daru Asih, Mochamad Soelton, et al. Environmental Science and Pollution Research, 2023 Despite the fact that Asian economies have experienced robust economic growth in recent decades, rising pollution emissions have raised worries among policymakers about the long-term stability of this output growth. Knowing this fact, the present study attempts to empirically analyze the impact of some important factors, e.g., energy efficiency, technology innovations, trade openness, and institutional quality, on environment in 10 Asian economies over the period 1995–2018. Taking into account the slope heterogeneity and cross-sectional dependence present in the data, Westerlund and Edgerton (2008) and Banerjee and Carrion-i-Silvestre (2017) cointegration techniques and cross-sectionally augmented autoregressive distributed lag model (CS-ARDL) estimation are applied. For robust analysis, augmented mean group (AMG) and common correlated effects mean group (CCEMG) are also employed in the study. The empirical findings provided by selected variables reveal that both trade openness and institutional quality have detrimental impact, whereas energy efficiency and technology innovations have favorable impact on environmental quality in the selected economies. Empirical findings are robust to various policy recommendations. To create a sustainable future environment, Asian economies should focus on the improvement of their institutions quality and increase investments in technology innovations. The Asian countries must encourage trade-related environmental regulations and energy efficiency policies for better and sustainable environmental quality.
Imposing Green Management to Enhance the Organizational Awareness against the Environmental Sustainability Yanto Ramli, Deden Kurniawan, Erna Sofriana Imaningsih, Tine Yuliantini, Sri Anah, et al. International Journal of Energy Economics and Policy, 2023 Palm oil mill effluents (POME) not only abuse environment and causing harm to river and streams but also putting near by communities in danger due to severe health issues such as toxic infections, digestion disorder and skin diseases. Thereby, the present study intends to explore the organizational awareness and how it could be helpful to address the POME and POMS issues by turning it in to green resources that may provide solution to combat the issue and safe communities which are being affected by COP production. The sample of the study is the province of Indonesia; North Sumatera and purposive sampling method was used to sample the population. PLS methodology is used to analyze the data. Findings reveal that green management positively impacts organizational awareness, environmental concern and green technology. Moreover, organizational awareness, environmental concern and green technology plays crucial role in environmental sustainability.
Environmental Sustainability: To Enhance Organizational Awareness towards Green Environmental Concern Yanto Ramli, Erna Sofriana Imaningsih, Aldina Shiratina, Adnan Rajak, Anees Janee Ali International Journal of Energy Economics and Policy, 2022 The crude oil waste such as POME is huge destruction to the surrounding community and causes greater harm unleashing several skin issues, toxic infections, and digestion disorders. The issue attracts the attention of scholars; hence, the present study attempts to build an understanding of organizational awareness and how it could solve the stated issue and turn into useful elements such as potential green resources. For this, the study used green environment, innovation management, and environmental concern as an independent variable, orgazanitional awareness as a dependent variable, and environmental sustainability as an intervening variable. This helps scholars and practitioners to solve the said issue which still happens to be unresolved. Moreover, it also helps to prevent further damage to the environment and community. To attain the objective of the study, the authors proposed a framework, and based on prior literature and empirical evidences, seven hypotheses were formulated. The study used purposive sampling and the projected population is the mills that are situated in North Sumatera province of Indonesia. The smart PLS methodology is opted to analyze sample data. The findings reveal that ga reen environment amongst all has a stronger influence on environmental sustainability. The results also indicate that the firms need to consider the innovative ideas and build innovative teams which could help them to transform the disrupted POME into valuable green resources. At the end, the study also offers some implications and future recommendations which if considers, would add a valuable contribution in the existing literature.
Implementing innovation management on Market Attractiveness and unique resources to enhance business performance on organic fertilizer industries in Indonesia Academy of Strategic Management Journal, 2018
