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DOI10.1007/s10644-024-09702-0
Catalyzing climate change mitigation: investigating the influence of renewable energy investments across BRICS
发表日期2024
ISSN1573-9414
EISSN1574-0277
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)
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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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