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Using panel data from 37 countries from 1990 to 2019 and applying a quantile regression approach with panel fixed effects, we investigate the impact of national Environmental, Social, and Governance (ESG) performance on green innovation and how this impact varies across different green innovation capacity distributions. The research conclusions are as follows. (1) National ESG performance improvement significantly promotes green innovation. (2) The improvement of environmental performance and governance performance significantly promotes green innovation, but in countries with weak green innovation capabilities, the improvement of social performance reduces the output of green innovation. (3) The role of national ESG performance in promoting green innovation is stronger in countries with weak green innovation capabilities. (4) In non‐high‐income countries, the stronger the green innovation capability is, the more obvious is the promotion of ESG performance to green innovation. The findings of this paper provide empirical evidence and a policy basis for governments to focus on improving ESG performance and to commit to promoting green innovation activities more effectively. [ABSTRACT FROM AUTHOR]

This research examines a panel of 121 economies worldwide over the period 1980–2020 for the impact of political competition on green innovation. We find that an increase in the intensity of political competition has a significantly negative impact on green innovation and that this impact remains significant in the long term, especially for non‐OECD countries and middle (low) income countries, whereas the sub‐indicators of political competition indicate that the level of institutionalization of political participation and the degree of government restrictions on political participation have different impacts on green innovation. The findings also reveal that lower political risk and higher levels of globalization positively moderate the negative impact of political competition on green innovation. The adverse effects of party competition are exacerbated when left‐wing parties are in power. This study offers new insight into sustainable development based on examining the relationship between political competition and green innovation. [ABSTRACT FROM AUTHOR]

This research investigates the bidirectional cointegration relationship between environmental, social, and governance (ESG) performance and corporate green innovation with a panel of 770 Chinese listed firms during the 2011–2020. We find that there exists a long‐run bidirectional comovement between ESG performance and corporate green innovation output. ESG performance exerts a short‐run and long‐run causal link with green innovation output. The panel cointegration test and VECM estimation also support that ESG performance moves together with green innovation output for clean industries, while ESG performance only presents a long‐run relationship to green invention patents output for pollution industries. Our findings offer important value for policymakers and enterprises to propose an effective strategy to stimulate green innovation and improve ESG score. [ABSTRACT FROM AUTHOR]

Countries around the world are facing enormous challenges in their economic and social development as COVID‐19 continues to spread, resulting in slower economic recovery in the post‐pandemic era. Considering the impact of economic growth on future sustainable development in this new era, green economic recovery (GER) can achieve a win‐win situation between economic recovery and environmental improvement and bring forth environmentally sustainable economic growth. This research first lists related COVID‐19 literature surveys and GER policies in the post‐pandemic era in China. Based on a comparative study of the international experience of GER policy practices, this paper then analyzes the opportunities and challenges China faces for GER and puts forward countermeasures and suggestions on how to promote its sustainable development in the post‐epidemic era. We believe our research presents useful enlightenments for sustainable economic and social development in the post‐epidemic era. [ABSTRACT FROM AUTHOR]