School of Innovation and Entrepreneurship, Chengdu University, No. 2025 Chengluo Avenue, Chengdu, 610106, Sichuan, People's Republic of China.
School of Management and Economics, Southwest University of Science and Technology, 59 Qinglong Road, Mianyang, 621010, Sichuan, People's Republic of China.
Sci Rep. 2024 Jul 16;14(1):16398. doi: 10.1038/s41598-024-66800-9.
The gradual progress in aligning financial flows with the adoption of clean technologies reveals a persistent funding gap, signaling a global misallocation of capital. Addressing this challenge necessitates political leadership and robust policies to counteract the insecurities impeding the redirection of financial flows. This study investigates into the impact of energy-related public-private partnership investments (PPPIE) and macro-environmental variables on the attainment of Sustainable Development Goal 7 (SDG7) across Association of Southeast Asian Nations (ASEAN) member countries from 1999 to 2021. Employing the Dynamac command technique, we conduct autoregressive distribution lag analysis and the Bounds Cointegration Test to evaluate ASEAN's efforts in achieving SDG7. Results indicate that a ten-year exogenous shock to the GDP growth rate initially causes a temporary decline in both GDP and PPPIE, albeit not statistically significant. However, in the long run, the shock becomes statistically significant, correlating with a negative decline in the GDP growth rate. This underscores the negative impact of external factors like the COVID-19 pandemic on the economic growth of ASEAN member countries. Specifically, a percentage increase in PPPIE leads to an 8.3% reduction in the GDP growth rate, revealing a detrimental and unsustainable impact on the economy. This signifies that energy investments in the ASEAN region, are predominantly unsustainable and adversely impact economic growth. Moreover, these energy investments contribute to a significant 52.6% increase in greenhouse gas emissions, indicating a substantial setback in the region's progress towards meeting SDG7's clean energy objectives by 2030. This suggests the present state of PPPIE does not align with sustainable clean energy goals of the region. Therefore, recommendations should include diversifying energy sources and investment strategies to enhance sustainable clean energy. Also, policymakers and researchers should reassess the terms and conditions of PPPIE, refining frameworks for private sector involvement to align with long-term economic sustainability goals.
在采用清洁能源技术的过程中，金融流动逐渐趋同，这表明存在持续的资金缺口，反映出全球资本配置不当。解决这一挑战需要政治领导力和强有力的政策，以克服阻碍资金流动重新配置的各种不确定性。本研究调查了能源相关公私伙伴关系投资（PPPIE）和宏观环境变量对东盟成员国 1999 年至 2021 年实现可持续发展目标 7（SDG7）的影响。本研究采用 Dynamac 命令技术，进行自回归分布滞后分析和边界协整检验，以评估东盟实现 SDG7 的努力。结果表明，GDP 增长率的十年外生冲击最初会导致 GDP 和 PPPIE 暂时下降，但不具有统计显著性。然而，从长期来看，这种冲击具有统计显著性，与 GDP 增长率的负向下降相关。这突显了 COVID-19 大流行等外部因素对东盟成员国经济增长的负面影响。具体而言，PPPIE 增加一个百分点会导致 GDP 增长率降低 8.3%，这表明对经济产生了不利和不可持续的影响。这表明东盟地区的能源投资主要是不可持续的，并对经济增长产生负面影响。此外，这些能源投资导致温室气体排放增加 52.6%，表明该地区在实现 2030 年清洁能源目标方面的进展出现了重大倒退。这表明目前的 PPPIE 不符合该地区可持续清洁能源目标。因此，建议包括使能源来源和投资策略多样化，以加强可持续清洁能源。此外，政策制定者和研究人员应重新评估 PPPIE 的条款和条件，完善私营部门参与的框架，以符合长期经济可持续性目标。
