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Growth, emissions, and climate finance nexus for sustainable development: Revisiting the environmental Kuznets curve

Title
Growth, emissions, and climate finance nexus for sustainable development: Revisiting the environmental Kuznets curve
Authors
Han S.Jun H.
Ewha Authors
Hannah Jun(전희경)
SCOPUS Author ID
Hannah Junscopus
Issue Date
2023
Journal Title
Sustainable Development
ISSN
0968-0802JCR Link
Citation
Sustainable Development vol. 31, no. 1, pp. 510 - 527
Keywords
climate changeclimate financeenvironmental Kuznets curvemitigation aidsustainable development
Publisher
John Wiley and Sons Ltd
Indexed
SSCI; SCOPUS scopus
Document Type
Article
Abstract
This article examines the relationship between growth, emissions, population density, renewable energy consumption, urban population, and climate finance using a panel data for 141 countries between 1990 and 2015. The study revisits the environmental Kuznets curve (EKC) hypothesis by focusing specifically on the developing country context. In the first analysis, the growth-emissions nexus is explained with three panel regression models. The second part investigates whether international support for developing countries, particularly climate finance on mitigation, is effective for a subpanel of 103 countries between 2002 and 2015. The EKC hypothesis is generally valid in quadratic specification, while the EKC is largely not found with clustered data and cubic polynomial functions. The effects of mitigation aid vary by dataset, implying that simply increasing mitigation aid may not be enough to reduce emissions in developing countries. © 2022 The Authors. Sustainable Development published by ERP Environment and John Wiley & Sons Ltd.
DOI
10.1002/sd.2406
Appears in Collections:
국제대학원 > 국제학과 > Journal papers
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