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The Sustainable Development Goal (SDG) that emphasizes sustainable and affordable energy presents a practical pathway to achieve sustainable growth. Moreover, this goal aligns with SDG 13, which focuses on climate action. Nonetheless, it is important to consider factors such as political and financial risk, as they can influence climate action efforts and the renewable energy sources adoption. Hence, this study broadens the conversation surrounding CO 2 emission reduction and the achievement of Sustainable Development Goals (SDGs). It accomplishes this by investigating the interplay between renewable energy, political risk, financial risk, and CO 2 emissions in Finland spanning from 1990/Q1 to 2021/Q4. Notably, this research distinguishes itself through its exploration of these complex connections, employing a wavelet-based quantile methodology. Unlike traditional quantile regression, which can only reveal connections between variables within each quantile, the wavelet-based quantile approach enables the simultaneous capture of correlations across quantiles and periods. The results show that in the long-term and across all quantiles (0.01–0.99), energy efficiency, specifically gas and oil efficiency, lessens CO 2. In addition, low financial and political risks improve ecological quality by lessening CO 2 across all periods and quantiles (0.01–0.99). The paper outcomes serve as a basis for formulating a policy framework aimed at achieving SDG 7 and SDG 13 in Finland. • We explore the impact of energy efficiency and country risk on CO 2 emissions. • The role of renewable energy and economic growth are also analyzed. • The Time series data of the Finland is used from 1990/Q1 to 2020/Q4. • Various wavelet-based quantile correlation is applied. • Renewable energy, oil and gas efficiency decrease CO 2 emissions in each quantile and across periods. [ABSTRACT FROM AUTHOR]

In recent years, various environmental issues associated with plastics have become well documented, spurring a growing volume of research on the barriers, drivers, and solutions related to the development and commercialization of sustainable—bio-based, biodegradable and circular—plastics. However, a systemic perspective that addresses the complex interdependencies across the value chain has so far been missing from the analysis. Based on a qualitative study covering the entire plastics value chain in Finland and Northern Europe, this paper addresses the research gap with two main findings. First, the paper identifies three core conundrums that describe the complex and interrelated nature of technological, operational, economic, and societal factors, which are inhibiting the transition to sustainable plastics at three critical junctures of the value chain. Second, the findings describe four solution mechanisms, which suggest that the value chain actors need to shift (i) from the supply of bulk materials to material solutions; (ii) from firm-centric material development to cross-tier collaboration; (iii) from price competition to competition on sustainability benefits; and (iv) from isolated technologies to infrastructure development. These findings extend our understanding of the systemic challenges for the transition to a sustainable plastics economy and shed new light on the ways in which companies can address the challenges for a system-wide impact. • The environmental problems associated with plastics are well documented. • Transition to sustainable plastics economy requires systemic changes. • Systemic change calls for new types of offerings and value chain roles for actors. • Sustainability values should be leveraged in market competition. • Collaborative infrastructure development is a prerequisite for systemic transition. [ABSTRACT FROM AUTHOR]