 NEXUS OF CLIMATE CONDITIONS WITH ENERGY-ENVIRONMENTAL GROWTH INTEGRATION: HOW DO ECONOMIC INDICATORS MATTER?Yanliang Zhu, Kaifeng Wang and Robina Iram Chapter 5 in Sustainable Growth and Green Policies:Navigating Energy and Environmental Challenges, 2025, pp 101-130 from World Scientific Publishing Co. Pte. Ltd. Abstract: There has been a change in economic research from focusing on economic growth to focusing on sustainable development when it comes to economic development. This research aims to examine the link between China’s socioeconomic progress and the degradation of the environment. Between 1995 and 2018, the information in this study was collected. We looked at factors including the percentage of tourism in total exports, total and renewable energy consumption and GDP per capita when calculating the emissions they have on the environment. CO2 emission shows long-term causation, but the feedback causality hypothesis holds in the short term between the variables of concern. There is a one-way correlation between GDP, CO2 emissions and the use of renewable energy; access to better water, sanitation and electricity; access to renewable energy; and access to improved water, sanitation and electricity to CO2 emissions. It was shown that CO2 emissions, GDP and energy usage had a positive long-term correlation. In contrast, tourism, renewable energy and access to better water and sanitation all had a negative long-term correlation. GDP’s contribution to future CO2 emission fluctuations ranges from 7% to 25%, with energy use at 7%–15%, renewable energy use at 1%–4.5% and tourism at 5.8%–10%. Meanwhile, access to better water, sanitation and electricity is at 9%, 1.13% and 3%, respectively, according to the variance decomposition analysis. Sustainable development in China necessitates a strong policy to adopt renewable energy sources, sustainable tourism growth and improved access to safe drinking water, sanitary facilities and power. Keywords: Sustainable Growth; Green Policies; Energy Transition; Green Finance; Carbon Neutrality; Renewable Energy; Climate Change Policy; Environmental Sustainability; Economic Recovery; Carbon Markets; Sustainable Development; Energy Policy; Green Economic Recovery; Low-Carbon Economy; Financial Mechanisms For Sustainability; Climate Finance; Macroeconomic Policies and Sustainability; ESG Investing; Climate Resilience; Clean Energy Investment; Green Bonds; Sustainable Finance; Carbon Pricing; Energy Efficiency; Emerging Economies and Sustainability; Renewable Energy Financing; Circular Economy; Sustainable Investment; Climate Risk Assessment; Just Transition; ASEAN Energy Transition; BRICS Economies and Sustainability; OECD Green Policies; China's Carbon Market; EU Climate Policies; Southeast Asia Renewable Energy; Developing Economies and Climate Finance; Energy Poverty and Sustainable Solutions; Public Spending and Green Recovery; Net-Zero Policies; Econometric Models in Sustainability; Quantitative Analysis of Energy Markets; Cross-Sectional Autoregressive Distributed Lag Models; Behavioral Finance and Renewable Energy Investment; Policy Evaluation Frameworks; Decarbonization; Sustainable Development Goals; Green Growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789819812783_0005 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd. |
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