Importance of international relations for the promotion of renewable energy, preservation of natural resources and environment: Empirics from SEA nations

Lei, Xiying; Alharthi, Majed; Ahmad, İshtiaq; Aziz, Babar; Ul-Abdin, Zain

doi:10.1016/j.renene.2022.07.083

Cited by 18 publications

(4 citation statements)

References 49 publications

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“…Moreover, Ref. [33] contended that renewable energy aids in the environmental preservation of Southeast Asian countries. For the period 1990-2020, the authors focused on the role of international relations in promoting clean energy.…”

Section: Energy Transition and Environmental Degradationmentioning

confidence: 99%

The Role of Energy Transition and International Tourism in Mitigating Environmental Degradation: Evidence from SEE Countries

Šatrović

Adedoyin

2023

Energies

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Since curbing the upward trend of energy consumption has become a global pursuit in achieving environmental sustainability, macroeconomic factors such as energy transition and international tourism may be of crucial importance in mitigating environmental degradation. However, the combined role of economic welfare, population, international tourism, and energy transition towards mitigating environmental degradation has not been investigated extensively. In this regard, this study looks at the combined interplay between these variables for a panel of ten southeastern Europe (SEE) countries, covering the period of 1997–2018 under the umbrella of the environmental Kuznets curve (EKC) phenomenon. Two indicators of environmental degradation, namely, ecological footprint and carbon intensity, were used in this study. The ordinary least squares (OLS) regression with Driscoll–Kraay (DK) and the panel Method of Moments Quantile Regression (MMQR) with fixed effects were used to disclose the following outcomes: firstly, the environmental degradation–economic welfare nexus firmly established an inverted U-shaped relationship, thereby depicting the validity of the EKC hypothesis. Secondly, energy transition and international tourism manifest negative effects: they induce environmental degradation. Thirdly, the impact of the population is positive but not significant. Given the empirical outcomes, energy transition and international tourism are proposed as critical to mitigating the environmental degradation of the inspected sample of countries.

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Section: Energy Transition and Environmental Degradationmentioning

confidence: 99%

The Role of Energy Transition and International Tourism in Mitigating Environmental Degradation: Evidence from SEE Countries

Šatrović

Adedoyin

2023

Energies

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“…He also finds that greater FDI inflows reduce the overall use of renewable energy, while higher levels of economic growth and CO2 emissions increase renewable energy use in South Asia. Lei et al (2022) looks at the importance of international relations for the promotion of renewable energy, preservation of natural resources and the environment in South-East Asia over the period 1990 to 2020. Their results show that the countries with strong international relations have a higher ability to adopt policies that may be helpful for the promotion of renewable energy.…”

Section: Literature Reviewmentioning

confidence: 99%

What Drives Renewable Energy Consumption in Asia

Mengova

2024

JSIS

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In more recent years Asia has had the highest level of investment in renewables and the highest level of electricity generation from renewable sources. This paper analyzes the determinants of renewable energy consumption in Asia and the Pacific from 1996 to 2018. It explores the major challenges this region has faced in moving towards a more environmentally friendly generation and use of energy. We find that the renewable electricity output, GDP per capita, merchandise trade, the value added of the manufacturing sector and the income share held by the poorest population boost renewable electricity consumption. On the other hand, energy use per capita, access to electricity, energy imports, broad FDI, population growth and the income share held by the richest population lower consumption of electricity from renewable sources. Trade openness and being an island do not seem to have a statistically significant impact in our sample over the observed period.

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“…On the impact of natural resources and FDI, Balsalobre‐Lorente et al (2018) researched on European Union 5 (EU‐5) countries, they found sustainable environment achieved through the use of renewable electricity use, resources, and innovation. Lei et al (2022) in their study applied panel study and found environmental development is hampered by resources. Razzaq et al (2022) applied “quantile‐on‐quantile (QQ)” technique initiated by Sim and Zhou (2015) to analyse the nonlinear influences of natural resources (NR) on the ecological footprint (EF) at both the lower and higher tails for the case of PIIGS countries, they found long‐run association between NR and EF in each sample country.…”

Section: Literature and Theoretical Review/backgroundmentioning

confidence: 99%

Attaining environmental sustainability amidst the interacting forces of natural resource rent and foreign direct investment: Is Norway any different?

Udemba,

Dagar,

Peng

et al. 2023

OPEC Energy Review

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This is a study of Norway's sustainable environment development amidst the interactions of natural resources, external investment (FDI) and economic development. Much has been done with respect to the study of Norway's economic performance in relation to the link between the natural resources and FDI with little emphasis on the environmental performance of the resource‐based economy. Also, Norway is classified as among the top countries in Europe with a greater percentage of adopting renewable energy, and no study has done a critical review of the impact of natural resources and FDI which are part of drivers of carbon emission that can counter the positive impact of renewable energy towards the Norway's sustainable environment. On this basis, this study adopts a time series data of Norway, 1970 to 2018 to study its environmental performance. Approaches such as structural break analysis, Autoregressive Distributed Lag (ARDL)‐bound testing and Granger causality estimations are utilised in this study for in‐depth analysis of the subject. Findings from ARDL confirmed a positive association between fuels and carbon emission, other indicators (economic growth and natural resources) are improving the quality of the country's environment. FDI even though shows positive sign remains insignificant in impacting the environmental performance in the short run reverted to a significant negative relationship with carbon emissions. This confirms the pollution halo hypothesis and rejects the pollution haven hypothesis (PHH) for Norway, and this trend can be sustained with the constant implementation of environmental rules in the country. Granger test confirms, a one‐way transition from fossil fuels to carbon emission, from carbon emission to growth, and from economic growth to fossil fuels. Also, a two‐way transmission is found between fossil fuels and FDI. These findings from Granger causality are consistent with the findings from ARDL, hence, two ways interactions between FDI and fossil fuel energy source consumption from Granger causality and the two variables (fossil fuels and FDI) are seen impacting on Norway's environmental performance. Findings from the estimates suggest that natural resources and FDI are mitigating pollution, hence, Norway's policy is expected to be resources and FDI driven in sustainable environment development.

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Importance of international relations for the promotion of renewable energy, preservation of natural resources and environment: Empirics from SEA nations

Cited by 18 publications

References 49 publications

The Role of Energy Transition and International Tourism in Mitigating Environmental Degradation: Evidence from SEE Countries

The Role of Energy Transition and International Tourism in Mitigating Environmental Degradation: Evidence from SEE Countries

What Drives Renewable Energy Consumption in Asia

Attaining environmental sustainability amidst the interacting forces of natural resource rent and foreign direct investment: Is Norway any different?

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