This study explores whether emerging economic blocs can decouple economic growth from carbon emissions amidst global climate change concerns, integrating Environmental Kuznets Curve (EKC) theory, Stakeholder theory, and Ecological Modernization Theory (EMT). Using fuzzy-set qualitative comparative analysis (fsQCA), it examines the relationship between monetary policy and carbon emissions in two key blocs: ASEAN and GCC. Findings reveal that robust GDP growth in ASEAN correlates with higher ecological footprints, underscoring the environmental cost of rapid expansion. Conversely, the GCC region highlights renewable energy consumption as crucial for managing ecological footprints, despite challenges in energy mix adequacy. These insights offer region-specific understandings, challenging conventional views and guiding policymakers in aligning economic growth with environmental sustainability. The research underscores the need for tailored strategies to develop sustainable economic models that decouple growth from environmental degradation.

中文翻译：

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脱钩困境：研究新兴经济集团的经济增长和碳排放


本研究探讨了新兴经济集团是否可以在全球气候变化担忧中将经济增长与碳排放脱钩，整合环境库兹涅茨曲线 （EKC） 理论、利益相关者理论和生态现代化理论 （EMT）。它使用模糊集定性比较分析 （fsQCA） 研究了东盟和海湾合作委员会两个关键集团的货币政策与碳排放之间的关系。研究结果显示，东盟强劲的 GDP 增长与更高的生态足迹相关，凸显了快速扩张的环境成本。相反，海湾合作委员会地区强调可再生能源消费对于管理生态足迹至关重要，尽管能源结构充足性面临挑战。这些见解提供了针对特定地区的理解，挑战了传统观点，并指导政策制定者使经济增长与环境可持续性保持一致。该研究强调了制定定制战略的必要性，以开发可持续的经济模式，使增长与环境退化脱钩。