Measures to achieve carbon neutrality: What is the role of energy structure, infrastructure, and financial inclusion

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29 Scopus citations

Abstract

Infrastructure and energy structure play key roles in the adaptation of a sustainable environment. In order to achieve a desirable infrastructure and energy structure, financial inclusion is essential. Thus, the current study investigates the nexus of energy structure, infrastructure, financial inclusion, and carbon emissions in the countries of the Organization for Economic Co-operation and Development (OECD). In particular, the well-known nexus of growth and environment is employed to estimate the linkages using data between 2001 and 2020. The findings suggest the supportive role of infrastructure, energy structure, and financial inclusion in abating carbon emissions. The OECD economies should enhance their investment in infrastructure and energy structure. Moreover, in order to achieve a sustainable environment in the long-run, financial inclusion should also be expanded. The results are also robust to the short- and long-run policy implications. This study is conductive to the implementation of the United Nations (UN) Sustainable Development Goals.

Original languageEnglish
Article number116457
JournalJournal of Environmental Management
Volume325
DOIs
StatePublished - 1 Jan 2023
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2022 Elsevier Ltd

Keywords

  • Carbon emissions
  • Energy structure
  • Financial inclusion
  • Infrastructure
  • OECD countries

ASJC Scopus subject areas

  • Environmental Engineering
  • Waste Management and Disposal
  • Management, Monitoring, Policy and Law

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