July 31, 2025Journal of Environmental Science and Sustainable DevelopmentOpen Access

The Impact of Green Finance, Trade Openness, and Fossil Fuel Subsidies on Renewable Energy Consumption: A Global and Asia-Pacific Perspective

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Green finance significantly drives the adoption of renewable energy, identifying itself as a crucial factor for the transition to cleaner sources.
Fossil fuel subsidies hinder renewable energy adoption, highlighting the need for subsidy reform to accelerate the energy transition.
Trade openness alongside GDP and government effectiveness has varying impacts on renewable energy use, reflecting regional nuances.
The Asia-Pacific region faces distinct structural challenges in renewable energy utilization, necessitating tailored supportive measures.

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Implication

Observational analysis shows that green finance and fossil fuel subsidies influence renewable energy adoption in Asia-Pacific, suggesting policy reforms are essential.

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A 2025 study studied this question.

synapsesocial.com/papers/68af2b63cf1dd9ea359e4ae7 https://doi.org/10.7454/jessd.v8i1.1318

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Implication

Observational analysis shows that green finance and fossil fuel subsidies influence renewable energy adoption in Asia-Pacific, suggesting policy reforms are essential.

The Impact of Green Finance, Trade Openness, and Fossil Fuel Subsidies on Renewable Energy Consumption: A Global and Asia-Pacific Perspective

Key Points

Discussion

Implication

Cite This Study

The Impact of Green Finance, Trade Openness, and Fossil Fuel Subsidies on Renewable Energy Consumption: A Global and Asia-Pacific Perspective

Key Points

Discussion

Implication

Cite This Study

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Also Consider