Greening the Cityscape: Strategies for Sustainable Urbanization, Low Carbon Emissions, and Robust Economic Growth

Amira Houaneb (), Uzma Khan () and Aarif Mohammad Khan ()
Additional contact information
Amira Houaneb: Department of Finance, College of Business Administration, Prince Sattam bin Abdulaziz University, Al-Kharj, Saudi Arabia
Uzma Khan: Department of Finance, College of Business Administration, Prince Sattam bin Abdulaziz University, Al-Kharj, Saudi Arabia
Aarif Mohammad Khan: Aligarh Muslim University, Aligarh, India

International Journal of Energy Economics and Policy, 2024, vol. 15, issue 1, 292-300

Abstract: This study thoroughly investigates the intricate association concerning urbanization, energy consumption, carbon emissions, and economic growth in Saudi Arabia from 1968 to 2022. Using advanced econometric models and time-series data analysis, we reveal a complex association in which economic growth and urbanization influence energy consumption, leading to increased carbon emissions. The adjustment coefficients for this relationship are estimated to be 0.16%. The causality test findings revealed the existence of both unidirectional and bidirectional causality. Urbanization has a direct impact on both energy consumption and carbon emissions. In turn, carbon emissions affect both energy use and economic growth. Ultimately, carbon emissions influence both energy consumption and economic growth. Our results highlight the urgent need for strategies to reduce carbon emissions by implementing sustainable energy practices, urban planning, and legislative measures. These implications for sustainable development are crucial for Saudi Arabia and offer a structure for other rapidly urbanizing nations dealing with comparable difficulties. Given the potential for change, policymakers must carefully consider and implement these results.

Keywords: Carbon Emissions; Economic Growth; Energy Consumption; Sustainability; Al-Kharj (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/17708/8488 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:v:15:y:2024:i:1:id:17708

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijeep

DOI: 10.32479/ijeep.17708

Access Statistics for this article

More articles in International Journal of Energy Economics and Policy from International Journal of Energy Economics and Policy
Bibliographic data for series maintained by Monica Sinhat ().