Analyzing the effectiveness of energy aid for driving the transition towards energy decarbonization; Evidence from Asian developing countries

Naheed, Zahra; Nasreen, Samia; Tiwari, Aviral Kumar; Arsh, Saira

doi:10.1016/j.jenvman.2024.121125

Journal of Environmental Management

2024

DOI: 10.1016/j.jenvman.2024.121125

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Analyzing the effectiveness of energy aid for driving the transition towards energy decarbonization; Evidence from Asian developing countries

Zahra Naheed,

Samia Nasreen,

Aviral Kumar Tiwari

et al.

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2024

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Cited by 4 publications

References 137 publications

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How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

Kartal,

Shahbaz,

Taşkın

et al. 2024

Journal of Environmental Management

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How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

Kartal,

Shahbaz,

Taşkın

et al. 2024

Journal of Environmental Management

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A Comparative Study of the Environmental, Social, and Governance Impacts of Renewable Energy Investment on CO2 Emissions in Brazil, Russia, India, China, and South Africa

Bi,

Khan

2024

Energies

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The issue of climate change and global warming is rapidly intensifying due to the extensive emissions of CO2. In response to this, countries worldwide are implementing policies to enact decarbonization strategies through social and governance investing strategies. The current study examined the effects of environmental, social, and governance investing, eco-innovation, renewable energy production and consumption, and carbon taxes from 2004 to 2023. At the highest, middle, and lowest levels, this paper examines the environmental policies, social and governance economies, and energy of the BRICS nations. We investigate variable relationships through cross-sectional autoregressive distributed latency. The results suggest that Brazil’s focus on sustainability-driven innovation, along with its high renewable energy balance and middle-level status, is indicative of significant environmental initiatives. India’s higher-ups prioritize green finance, and their investments in environmental, social, and governance areas may demonstrate their commitment to sustainable development. China has made considerable progress in renewable energy and carbon trading despite its vast population and high emissions. At a lower level, Russia’s sustainability initiatives are undergoing evolution and have the potential to make significant strides. The nation’s difficulties require a coordinated, long-term strategy. The empirical findings imply that BRICS countries can achieve carbon neutrality by modifying their economic growth and globalization strategies and increasing their focus on renewable energy, as well as investment and policy regulations.

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An Empirical Analysis of Short Run and Long Run Association between Debt Servicing and External Debt in Pakistan

Arsh,

Sarwar,

Iftikhar

2024

BBE

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Pakistan is at a crucial juncture where the escalating debt servicing cost of Rs 7.3 trillion is set to consume the majority of the projected revenue of Rs 9.2 trillion, which includes Rs 5.2 trillion allocated to the provinces. This study explores the interaction between debt servicing and external debt stock in Pakistan. It analyzes the impact of variables such as the debt service ratio, fiscal deficit, exchange rate, and globalization on external debt stock, using annual data from 1990 to 2020 obtained from the World Development Indicators (WDI) and the Pakistan Economic Survey. The stationarity of the variables is tested using the Augmented Dickey-Fuller (ADF) test. The Auto-regressive Distributed Lag (ARDL) bound test is utilized to investigate the long-term relationship among the endogenous and exogenous variables, and the Error Correction Model (ECM) is applied to study short-term dynamics. The findings indicate a negative long-term relationship between debt service and external debt, while fiscal deficit, exchange rate, and globalization show significant positive correlations with foreign debt. The study provides policy recommendations to alleviate the external debt burden.

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Analyzing the effectiveness of energy aid for driving the transition towards energy decarbonization; Evidence from Asian developing countries

Cited by 4 publications

References 137 publications

How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

How are energy transition and energy-related R&D investments effective in enabling decarbonization? Evidence from Nordic Countries by novel WLMC model

A Comparative Study of the Environmental, Social, and Governance Impacts of Renewable Energy Investment on CO2 Emissions in Brazil, Russia, India, China, and South Africa

An Empirical Analysis of Short Run and Long Run Association between Debt Servicing and External Debt in Pakistan

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