Sustainable Energy Investment and Environmental Development
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Date
2023
Authors
Moussa, James
Journal Title
Journal ISSN
Volume Title
Publisher
IPRJB
Abstract
Purpose: The aim of the study was to investigate
sustainable energy investment and environmental
development
Methodology: This study adopted a desk
methodology. A desk study research design is
commonly known as secondary data collection. This
is basically collecting data from existing resources
preferably because of its low cost advantage as
compared to a field research. Our current study looked
into already published studies and reports as the data
was easily accessed through online journals and
libraries.
Findings: The study's findings investigated the
relationship between sustainable energy investment
and environmental development across multiple
countries. Using panel data analysis, they found a
significant and positive correlation between
sustainable energy investment and indicators of
environmental development, including reduced
carbon emissions and improved air quality. This
suggests that directing resources toward sustainable
energy projects can effectively contribute to better
environmental outcomes. Policymakers are
encouraged to prioritize and incentivize sustainable
energy investment, as it can play a pivotal role in
achieving environmental goals and fostering global
sustainability.
Unique Contribution to Theory, Practice and
Policy: Environmental Kuznets Curve (EKC) Theory
and Ecological Modernization Theory may be used to
anchor future studies on Sustainable Energy
Investment and Environmental Development.
Prioritize energy efficiency measures in industries,
buildings, and transportation. Collaborate with other
nations to share best practices, technologies, and
policies for sustainable energy and environmental
development.
Description
Article
Keywords
Sustainable Energy Investment, Environmental Development
Citation
Moussa, J. (2023). Sustainable Energy Investment and Environmental Development. Journal of Poverty, Investment and Development, 8(3). https://doi.org/10.47604/jpid.2095