School of Management and Economics, Beijing Institute of Technology, Beijing, 100081, China.
School of Management and Economics, Beijing Institute of Technology, Beijing, 100081, China.
J Environ Manage. 2023 Jan 1;325(Pt B):116678. doi: 10.1016/j.jenvman.2022.116678. Epub 2022 Nov 4.
Sustainable development goal (SDG), which focuses on affordable and sustainable energy, provides a practical solution to realize sustainable growth. In addition, this target can encourage the realization of SDG 13 (climate action). However, factors like political and financial risk can impact climate actions and renewable energy. Therefore, this research extends the debate on the ecological footprint (EF) mitigation and achievement of SDGs by evaluating the renewable energy, political risk, financial risk, and EF nexus in an Environment Kuznets Curve (EKC) framework from 1986 to 2018. Panel data for the Association of Southeast Asian Nations (ASEAN) is estimated using second-generation approaches. The CuP-FM test results indicated that the EKC is present in ASEAN in the context of renewable energy, financial risk, and political risk. Furthermore, the findings revealed that controlling political and financial risks is a useful mitigation strategy because EF decreases as these risks are reduced. Notably, a decrease in EF has been linked to the use of renewable energy. These results are verified by using CO2 emissions as an alternative proxy for environmental degradation. Moreover, both financial and political risk Granger cause renewable energy and economic growth indicating that controlling financial and political risk is necessary for sustainable development.
可持续发展目标（SDG）专注于负担得起和可持续的能源，为实现可持续增长提供了切实可行的解决方案。此外，这一目标可以鼓励实现可持续发展目标 13（气候行动）。然而，政治和金融风险等因素会影响气候行动和可再生能源。因此，本研究通过在环境库兹涅茨曲线（EKC）框架内评估可再生能源、政治风险、金融风险和生态足迹（EF）之间的关系，扩展了关于生态足迹（EF）缓解和实现可持续发展目标的辩论，该研究使用 1986 年至 2018 年东南亚国家联盟（ASEAN）的面板数据进行了评估。采用第二代方法对东盟进行了面板数据分析。CuP-FM 检验结果表明，在可再生能源、金融风险和政治风险的背景下，东盟存在 EKC。此外，研究结果表明，控制政治和金融风险是一种有用的缓解策略，因为随着这些风险的降低，EF 会减少。值得注意的是，EF 的减少与可再生能源的使用有关。这些结果通过使用 CO2 排放作为环境退化的替代代理来验证。此外，金融风险和政治风险都可以引起可再生能源和经济增长，这表明控制金融和政治风险对于可持续发展是必要的。
