Environmental Impact of Digital Financial Inclusion and Green Growth: Insights from Global Panel Data Analysis

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Renewable energy reduces CO2 emissions and ecological footprint while increasing methane and deforestation.
Urbanization and GDP have a positive impact on CO2 emissions, showing a complex relationship with environmental quality.
The autoregressive distributed lag model reveals nuanced interactions between energy consumption and emissions.
Findings suggest that renewable energy policies must reconcile growth and environmental sustainability challenges.

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Analysis identifies how renewable energy and natural resource rent affect CO2 emissions in Pakistan, highlighting urbanization's role.

Farooq et al. (2023) studied this question.

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