Can green finance and energy provide a Glimmer of hope towards sustainable environment in the midst of chaos? An evidence from Malaysia
Yazarlar (4)
Arshian Sharif Sunway Business School (Sbs), Malezya
Doç. Dr. Emrah SOFUOĞLU Kırşehir Ahi Evran Üniversitesi, Türkiye
Sinem Koçak Independent Researcher, Türkiye
Ahsan Anwar Ucsı University, Malezya
Makale Türü Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
Dergi Adı Renewable Energy (Q1)
Dergi ISSN 0960-1481 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SCI-Expanded
Makale Dili Türkçe Basım Tarihi 03-2024
Cilt / Sayı / Sayfa 223 / 1 / 119982–0 DOI 10.1016/j.renene.2024.119982
Makale Linki https://www.sciencedirect.com/science/article/pii/S0960148124000478
Özet
Sustainable development has many dimensions, such as clean energy, green growth, and sustainable industry. Green finance has a key role in realizing these targets. The core focus of the existing paper is to demystify the influences of green finance, green energy on environmental dynamics in Malaysia covering the timeframe from 1990 to 2018. To this end, we employ the QARDL technique to peruse the effect of green finance, renewable energy, and economic growth on CO2 emissions and ecological footprint separately. By doing so, we crosscheck the empirical outcomes and inspect the consistency of the analysis. Firstly, empirical results show that the ecological footprint model yields similar results to the CO2 emissions model in terms of statistically significant quantile ranges and the magnitude of the coefficients. According to the overall results, GDP increases environmental degradation while green finance …
Anahtar Kelimeler
Carbon neutrality | CO2 emissions | Ecological footprint | Green finance