Green logistics and environment, economic growth in the context of the Belt and Road Initiative

A K M Mohsin; Hasanuzzaman Tushar; Sayed Far Abid Hossain; Kazi Khaled Shams Chisty; Mohammed Masum Iqbal; Md Kamruzzaman; Siddiqur Rahman

doi:10.1016/j.heliyon.2022.e09641

Green logistics and environment, economic growth in the context of the Belt and Road Initiative

Heliyon. 2022 Jun 3;8(6):e09641. doi: 10.1016/j.heliyon.2022.e09641. eCollection 2022 Jun.

Authors

A K M Mohsin^{1

2}, Hasanuzzaman Tushar³, Sayed Far Abid Hossain³, Kazi Khaled Shams Chisty³, Mohammed Masum Iqbal^{1

2}, Md Kamruzzaman¹, Siddiqur Rahman⁴

Affiliations

¹ Faculty of Business and Entrepreneurship, Daffodil International University, Dhaka, Bangladesh.
² DIU Belt and Road Research Centre, Daffodil International University, Dhaka, Bangladesh.
³ College of Business Administration, IUBAT-International University of Business Agriculture and Technology, Dhaka, Bangladesh.
⁴ Department of Business Administration, Daffodil International University, Dhaka, Bangladesh.

Abstract

Infrastructure development has been a priority area since the Belt and Road Initiative (BRI) was proposed. This paper uses the generalized method of moments (GMM) to analyze the relationship between the green logistics, environment and economic growth based on panel data of countries along the BRI from 2007 to 2018. It is found that fossil fuels are the core of logistics operation activities, and the more fossil fuels are used, the more detrimental to the sustainable development of the environment. "The green logistics is negatively correlated with fossil fuel energy consumption and carbon emissions per capita in countries along the Belt and Road. At the same time, the green logistics can also bring more export opportunities for these countries and increase the national income per capita. The development of the green logistics is of great significance to the countries' environment and sustainable economic development along the Belt and Road.

Keywords: Belt and Road Initiative; Economic growth; Environment; Green logistics.