The persistence of coastal ecosystems is jeopardized by deforestation, conversion, and climate change, despite their capacity to store more carbon than terrestrial vegetation. The study’s objectives were to investigate how spatiotemporal changes impacted blue carbon storage and sequestration in the Satkhira coastal region of Bangladesh over the past three decades and, additionally to assess the monetary consequences of changing blue carbon sequestration. For analyzing the landscape change (LSC) patterns of the last three decades, considering 1992, 2007, and 2022, the LSC transformations were evaluated in the research area. Landsat 5 of 1992 and 2007, and Landsat 8 OLI-TIRS multitemporal satellite images of 2022 were acquired and the Geographical Information System (GIS), Remote Sensing (RS) techniques were applied for spatiotemporal analysis, interpreting and mapping the output. The spatiotemporal dynamics of carbon storage and sequestration of 1992, 2007, and 2022 were evaluated by the InVEST carbon model based on the present research years. The significant finding demonstrated that anthropogenic activity diminished vegetation cover, vegetation land decreased by 7.73% over the last three decades, and agriculture land converted to mariculture. 21.74% of mariculture land increased over the last 30 years, and agriculture land decreased by 12.71%. From 1992 to 2022, this constant LSC transformation significantly changed carbon storage, which went from 11,706.12 Mega gram (Mg) to 9168.03 Mg. In the past 30 years, 2538.09 Mg of carbon has been emitted into the atmosphere, with a combined market worth of almost 0.86 million USD. The findings may guide policymakers in establishing a coastal management strategy that will be beneficial for carbon storage and sequestration to balance socioeconomic growth and preserve numerous environmental services.
This research examines data from 1989 to 2022 across 48 Sub-Saharan African (SSA) countries using a novel panel data regression approach to uncover how conflict undermines economic stability. The study identifies the destruction of infrastructure, disruption of human capital development, and deterrence of investment as primary channels through which conflict negatively impacts economies. These findings support the hypothesis that armed conflict severely hampers economic performance in SSA, highlighting the urgency for effective conflict resolution strategies and robust institutional frameworks. The negative impacts extend beyond immediate losses, altering income growth trajectories and perpetuating poverty long after hostilities cease. Regional spillover effects emphasize the interconnectedness of SSA economies, where conflict in one country affects its neighbors. The research provides innovative insights by disaggregating impact pathways and employing a robust methodology, revealing the complexity of conflict's economic consequences. It underscores the need for comprehensive policy interventions to foster resilience and sustainable development in conflict-prone regions. While there is evidence of potential post-conflict growth, the overall net effect of armed conflict remains profoundly negative, diminishing economic prospects. Future research should focus on strengthening long-term resilience mechanisms and policy measures to enhance the peace dividend. Addressing the root causes of conflict and investing in peace-building efforts are essential for transforming SSA's economic landscape and ensuring sustainable growth and development.
This study investigates the evolution of monetary policy in Ghana and explores the potential of Central Bank Digital Currencies (CBDCs), specifically the e-Cedi, as a tool to enhance financial inclusion and modernize the country’s financial system. Ghana’s monetary policy framework has undergone significant transformations since the establishment of the Bank of Ghana in 1957, with notable achievements in stabilizing the economy and managing inflation. However, large segments of the population, particularly in rural areas, remain unbanked or underbanked, highlighting the limitations of traditional monetary tools. The introduction of the e-Cedi presents an opportunity to bridge these gaps by providing secure, efficient, and accessible financial services to underserved communities. The study employs a qualitative research design, integrating historical analysis, case studies, and thematic analysis to assess the potential benefits and challenges of CBDCs in Ghana. Key findings indicate that while the e-Cedi could significantly enhance financial inclusion, challenges related to technological infrastructure, cybersecurity, and public trust must be addressed. The study concludes that a balanced approach, which prioritizes digital infrastructure development, strong cybersecurity measures, and collaboration with financial institutions, is essential for maximizing the potential of CBDCs in Ghana. Recommendations for future research include a deeper exploration of the impact of CBDCs on financial stability and further analysis of rural adoption barriers.
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