Linking tourist's footprint and environmental tragedy through transportation, globalization and energy choice in BIMSTEC region: Directions for a sustainable solution using novel GMM-PVAR approach

The rising temperature in the world's atmosphere is an outcome strongly linked to man-made manufactured interventions. Recreational activities in the form of tourism are such interventions that can unleash multidimensional negative externalities if not regulated properly. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region has become one of the major hubs for recreational activities in the last few decades. However, the region's tourism-led environmental degradation has received scant attention in the literature. As such, this paper unveils how tourist footprint affects the region's environmental sustainability and explores potential solutions to encourage the tourism industry to be more pro-environmental. We have used the novel GMM-PVAR technique to assess how globalization, transportation, green energy, and economic growth…