Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Does environmental policy stringency improve nature's health in BRICS economies? Implications for sustainable development Subject The topic of the resource BRICS; Carbon emissions; Environmental stringent policy; Foreign direct investment; Trade openness Description An account of the resource In our groundbreaking exploration, we meticulously delve into the relationship between environmental policy stringency, international trade dynamics, and financial openness within the BRICS group (Brazil, Russia, India, China, and South Africa) spanning from 1996 to 2021. With a focus on critical variables such as economic growth and technological innovation, our empirical findings challenge conventional wisdom. Surprisingly, we found that those stringent environmental policies, when standing alone, do not invariably lead to reduce CO2 emissions. Equally interesting is our startling discovery that the anticipated moderating influence of environmental policy stringency, catalyzed by trade and foreign direct investment, on the well-being of our environment does not materialize; contrarily, both trade and foreign direct investment moderating channels exhibit unanticipated positive correlations with CO2 emissions. These revelations provoke us with the presence of a "pollution haven" phenomenon within the BRICS economies. Furthermore, our investigation reveals that, when examined individually, trade and foreign direct investment also appear to contribute to elevated emission levels. These findings provide a resolute solution to our research quandary, underlining the indispensable requirement for cutting-edge and robust environmental policies. These policies must possess the prowess to effectively counteract the adverse environmental consequences stemming from the amalgamation of global trade and financial integration. In doing so, they shall propel BRICS nations toward a future firmly grounded in principles of sustainability and ecological integrity. 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature. Creator An entity primarily responsible for making the resource Mahalik M.K.; Pal S.; Le T.-H.; Mishra S. Source A related resource from which the described resource is derived Environmental science and pollution research international, Vol-31, No. 1, pp. 509-528. Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1007/s11356-023-31134-y" target="_blank" rel="noreferrer noopener">https://doi.org/10.1007/s11356-023-31134-y</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85182739418&amp;doi=10.1007%2Fs11356-023-31134-y&amp;partnerID=40&amp;md5=3d26168c3b0fca16da1324e25db57516" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85182739418&amp;doi=10.1007%2fs11356-023-31134-y&amp;partnerID=40&amp;md5=3d26168c3b0fca16da1324e25db57516</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 16147499; PubMed ID: 38015395 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, Kharagpur, West Bengal, India; Pal S., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, Kharagpur, West Bengal, India, School of Business and Management, Christ University (Deemed to be University), Bengaluru, 560029, India; Le T.-H., VinFuture Foundation, Hanoi, Viet Nam, IPAG Business School, Paris, France; Mishra S., School of Rural Management, XIM University, Bhubaneswar, India