Suchergebnisse

The main objective of this study is to determine the impact of climate change and natural disasters on GDP growth rate. In order to examine long run association between climate change, natural disasters and GDP, an Auto Regressive Distributed Lag (ARDL) model and correlation matrix were employed, using 20 years data spanning from 2001 to 2021. The focus of the study was to investigate into how CO2 emission causes climate change and climate change, in turn, causes natural disasters and, in turn, natural disasters cause human and crop losses as well as high inflation. The empirical evidence reveals that climate change, CO2 emissions and natural disasters have negative association with GDP because natural disasters in the shape of earthquakes, heavy rains, and floods cause huge human and crop losses, have negative impact on GDP. The variables, agriculture production and employment, have positive and significant association with GDP growth because increase in agriculture production and employment will definitely have significant and positive impact on GDP growth in the long run. The study suggests to build resilient technologies to cope with climate change, control CO2 emissions and inflation as these three variables have negative impact on GDP growth in the long run. This study significantly contributes by highlighting the link between climate change and natural disasters and their consequential negative impact on GDP growth.

This research paper explores the relationship between green resources, product recycling, CO2 emission, and clean environment, using time series data spanning from 1990 to 2021. The sample of the study was the green energy sector of Pakistan and clean energy was taken as the dependent variable while green energy resources, product recycling, and CO2 emissions were chosen as independent variables. Correlation matrix and multiple regression analysis were applied to determine the relationship between green energy resources, product recycling, CO2 emissions, and clean environment. The results of the study show that there is significant positive relationship between green energy resources and product recycling with clean environment but negative association between CO2 emissions and clean environment. These results provide valuable insight for policy makers to focus on development of green energy resources and encourage products recycling as an effective strategy to mitigate the depletion of natural resources and improvement of clean environment to attain sustainability in the energy sector.