Mitigating CO2 Emissions: The Synergy of Foreign Direct Investment and Renewable Energy in Europe and Central Asia
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F24%3A43907156" target="_blank" >RIV/60076658:12510/24:43907156 - isvavai.cz</a>
Result on the web
<a href="http://www.econjournals.com" target="_blank" >http://www.econjournals.com</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32479/ijeep.15334" target="_blank" >10.32479/ijeep.15334</a>
Alternative languages
Result language
angličtina
Original language name
Mitigating CO2 Emissions: The Synergy of Foreign Direct Investment and Renewable Energy in Europe and Central Asia
Original language description
This study investigates the impact of renewable energy and Foreign Direct Investment (FDI) on CO2 emissions across 45 countries in Europe andCentral Asia for the period of 2000-2019. Utilizing the two-step system generalized method of moments (GMM) estimator; our findings reveal thatboth FDI and renewable energy play pivotal roles in mitigating CO2 emissions. Notably, countries with higher levels of renewable energy integrationexperience a stronger reduction in CO2 emissions due to FDI. Furthermore, our analysis uncovers an inverted U-shaped relationship between GDPper capita and CO2 emissions, indicating a nuanced trajectory of environmental impact with economic growth. Additionally, our study identifies aninverse correlation between CO2 emissions and the agriculture sector as well as government size. The implications of these findings are discussed inthe context of policy strategies, providing valuable insights for sustainable development in the Europe and Central Asia region
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Energy Economics and Policy
ISSN
2146-4553
e-ISSN
2146-4553
Volume of the periodical
14
Issue of the periodical within the volume
1
Country of publishing house
TR - TURKEY
Number of pages
8
Pages from-to
620-627
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85184195605