Assessing the Impact of Environmental Taxes, Energy Structure and Renewable Energy Investments on Climate Change: Empirical Evidence From Top‐10 Polluting Economies

Muhammad Farhan Bashir, Fouad Jamaani, Ciro Troise and Stefano Bresciani

Sustainable Development, 2025, vol. 33, issue 6, 8174-8189

Abstract: The global economic and resource integration in recent decades has had profound implications for global environmental sustainability, but the continued reliance on traditional energy resources means that urgent policy measures are required to achieve a sustainable development transition. Within this context, the current study reports on the role of environmental fiscal policies, climate mitigation technologies, energy structure, and renewable energy investments in mitigating climate change risks in the top‐10 polluting economies. The empirical findings from an extensive econometric analysis allow the current study to articulate that environmental fiscal policy is key to environmental sustainability in the sampled dataset. In addition, climate change mitigation technologies and renewable energy investments help lower climate change risks, whereas energy structure and urbanization exacerbate climate change threats. We conclude the current research by reporting novel policy suggestions to integrate environmental fiscal policies within environmental and sustainable development policy frameworks to resolve long‐term environmental challenges.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/sd.70082

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:wly:sustdv:v:33:y:2025:i:6:p:8174-8189

Access Statistics for this article

Sustainable Development is currently edited by Richard Welford

More articles in Sustainable Development from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().