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Environmental awareness and pro-environmental behavior impact on renewables investments: A moderating role of environmental concerns

Luca Esposito and Raja Nabeel-Ud-Din Jalal

Socio-Economic Planning Sciences, 2025, vol. 101, issue C

Abstract: This study examines the impact of environmental awareness and pro-environmental behavior on renewable investment intentions and the moderating role of environmental concerns. Using a sample of 350 retail investors, we find that environmental awareness and pro-environmental behavior increase renewable investment intentions. Moreover, environmental concerns moderate the relationship between environmental awareness and renewable investment intentions. However, we find no significant moderating effect of environmental concern in the case of pro-environmental behavior. Overall, our research contributes to the emerging literature on renewable energy investments in contributing circular economy.

Keywords: Environmental awareness; Pro-environmental behavior; Environmental concerns; Renewable investment intentions (search for similar items in EconPapers)
JEL-codes: D91 Q42 Q56 Q58 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:101:y:2025:i:c:s0038012125001053

DOI: 10.1016/j.seps.2025.102256

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