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DOI | 10.1007/s10644-024-09702-0 |
Catalyzing climate change mitigation: investigating the influence of renewable energy investments across BRICS | |
发表日期 | 2024 |
ISSN | 1573-9414 |
EISSN | 1574-0277 |
起始页码 | 57 |
结束页码 | 3 |
卷号 | 57期号:3 |
英文摘要 | The study examines the relationship between climate change, the interconnected elements of BRICS countries, and investments in research and development for renewable energy. The paper employing the augmented mean group estimator and Dumitrescu-Hurlin non-causality test for the economy of BRICS countries from 1990 to 2021 revealed robust evidence that increasing investments in renewable energy research and development (RandD) significantly reduces greenhouse gas emissions in BRICS nations. A 1% increase in per capita renewable energy RandD spending is associated with a 2.24% decrease in emissions. Likewise, a 1% rise in overall energy technology RandD budgets corresponds to a 3.15% emissions reduction. These findings highlight the considerable potential of innovation-focused policies to promote sustainability alongside continued economic growth. It suggests the need for more research to devise effective policies that use RandD to reduce emissions without compromising larger development objectives. |
英文关键词 | GHG; Renewable energy RandD budgets per capita; Energy technologies RandD budgets per capita; BRICS; AMG; R11; Q56; O44; O5 |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001209820800001 |
来源期刊 | ECONOMIC CHANGE AND RESTRUCTURING |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/286928 |
作者单位 | International Black Sea University; Tashkent State University of Economics; Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC) |
推荐引用方式 GB/T 7714 | . Catalyzing climate change mitigation: investigating the influence of renewable energy investments across BRICS[J],2024,57(3). |
APA | (2024).Catalyzing climate change mitigation: investigating the influence of renewable energy investments across BRICS.ECONOMIC CHANGE AND RESTRUCTURING,57(3). |
MLA | "Catalyzing climate change mitigation: investigating the influence of renewable energy investments across BRICS".ECONOMIC CHANGE AND RESTRUCTURING 57.3(2024). |
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