The aim of this study is threefold; first, the study investigates the symmetric impact of trade openness, financial development, and institutional quality on environmental degradation and environmental sustainability. Second, the study examines the asymmetric relationship between financial development, institutional quality, and environmental degradation. Third, the study examines the asymmetric relationship between financial development, institutional quality, and environmental sustainability. For this purpose, the study utilized the data of Pakistan from 1996 to 2018. The study applied Augmented Dickey–Fuller (ADF), Phillips Parron (PP) and Zivote, and Andrews unit root test to check the properties of stationarity of the data. This study applied the Auto Regressive Distributive Lags (ARDL) model to investigate symmetric relationships while the Non-Linear Auto Regressive Distributive Lag Model (NARDL) approach is utilized to investigate the asymmetric relationship among variables. ARDL bounds testing approach utilized to investigate long-run co-integration while short-run dynamics have been investigated by applying the error correction method (ECM). This study found the significant long-run symmetric and asymmetric association of institutional quality (IQ) and financial development (FD) with environmental degradation (ED) and environmental sustainability. However, IQ- has an insignificant association with environmental sustainability. Moreover, dynamic multiplier analysis indicates that positive shock to FD and IQ has a stronger impact on environmental degradation while a positive or negative shock to FD; both have a stronger impact on environmental sustainability. However, a positive or negative shock to IQ has a smaller impact on environmental sustainability. Moreover, the study also found a significant long-run symmetric association of trade openness with environmental degradation and environmental sustainability. This study suggests that the quality of institutions, financial development, and trade openness is necessary to enhance the quality of the environment.

To examine the impact of population growth, urbanization and water availability on food insecurity, this study utilized time series data for the period of 1990–2019, from World Development Indicators (WDI), Food and Agriculture Organization (FAO), and World Bank. The study applied an Auto-regressive distributive lag (ARDL) co-integration approach to test the hypothesized relationships among modeled variables. The study found a negative and significant association of water resources and agriculture research with food insecurity while urbanization and population growth has a significant and positive impact on food insecurity in the short-run as well as in the long-run period. Moreover, the study found that political stability has a negative and significant association with food insecurity in the short-run and long-run periods. Results also indicated that political stability significantly strengthens the relationship of water resources, and agriculture research with food insecurity while political stability weakens the relationship of urbanization and food insecurity significantly.