Transmission pathways between foreign aid and renewable energy consumption in Vietnam

Promoting Renewable Energy Consumption in Sub-Saharan Africa: How Capital Flight Crowds Out the Favorable Effect of Foreign Aid

“…Beyond the elements discussed in “Further Stylized Facts” and “More Theoretical Underpinnings” sections to motivate the testable hypotheses in “Hypotheses Development” section, foreign aid has been established to affect environmental quality, not least because Mahalik et al (2021) have concluded that in the light of the potential of development assistance in boosting environmental quality, it could be argued that enhancement of foreign aid can be channeled toward long-term environmental sustainability investments that are destined to promote green economy projects in developing countries. This position is consistent with Hoa et al (2023), who have also concluded that development assistance transmits shocks to the utilization of renewable sources of energy. Moreover, the response of renewable energy consumption to foreign aid and capital flight can be contingent on initial levels of renewable energy consumption because renewable energy consumption has been documented to be heterogeneous across countries (Chen and Yao 2021; Khan, Khan, and Binh 2020).…”

Factors Affecting the Environmental Quality: The Role of Renewable Energy Consumption and the Financial Market

“…Along with efficiency in capital allocation, production activities in particular and especially people in general should aim to increase the use of renewable energy. Renewable energy sources come from wind energy, solar energy and other renewable energy sources that are less polluting to the environment (Mai Hoa et al, 2023). Using renewable energy has the ability to reduce CO2 emissions causing the greenhouse effect and thus the level of emissions of This Journal is licensed under a Creative Commons Attribution 4.0 International License toxic substances and gases into the environment is significantly reduced.…”