2024
DOI: 10.30574/gscarr.2024.18.3.0109
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Nexus between financial development, foreign direct investment, and renewable energy consumption: Evidence from SSA

Md. Qamruzzaman

Abstract: This study examines the nexus between urbanization (UR), gross capital formation (GCF), trade openness (TO), and renewable energy consumption (REC) to understand their interplay and implications for renewable energy adoption. Analyzing the data reveals a negative correlation between UR, GCF, TO, and REC, highlighting challenges in promoting renewable energy amidst urbanization, capital formation, and global trade integration. Policy interventions are crucial to address barriers hindering renewable energy uptak… Show more

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