Towards Inclusive Green Growth in Africa: Critical energy efficiency synergies and governance thresholds

Isaac Kwesi Ofori, Emmanuel Y. Gbolonyo and Nathanael Ojong

MPRA Paper from University Library of Munich, Germany

Abstract: This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN’s Agenda 2030 and the African Union’s Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is novel from both the conceptual and empirical perspectives. With regard to the former, we develop a framework on how EE and governance feed into IGG, and on the latter, our contribution is based on country-level data for 23 African countries for the period 1996 – 2020. First, evidence from the generalised method of moments (GMM) estimator shows that EE is not unconditionally effective for spurring IGG. Second, we find that governance is both directly, and indirectly effective for repackaging EE to foster IGG. In particular, the evidence suggests that governance mechanisms for controlling corruption while ensuring regulatory quality and government effectiveness are keys for forming relevant synergies with EE to foster IGG. Third, regarding the socioeconomic sustainability (SES) and environmental sustainability (EVS) dichotomy of IGG, we find that the EE-governance pathway is more effective for driving the latter compared to the former. We also make some policy recommendations.

Keywords: Africa; Inclusive Growth; Inclusive Green Growth; Greenhouse Gases; Environmental Sustainability; Carbon Intensity; Sustainable Development (search for similar items in EconPapers)
JEL-codes: I3 I31 O11 O43 O55 Q01 Q43 Q56 (search for similar items in EconPapers)
Date: 2022-06-26
New Economics Papers: this item is included in nep-afr, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

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Related works:
Working Paper: Towards Inclusive Green Growth in Africa: Critical energy efficiency synergies and governance thresholds (2022)
Working Paper: Towards Inclusive Green Growth in Africa: Critical energy efficiency synergies and governance thresholds (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:113604

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