Energy finance strategy and governance nexus with economic growth: Results from emerging economies.

ABSTRACT: The rapid economic development in emerging economies, particularly in BRICS nations, is closely intertwined with their energy consumption and financial investment in energy sectors. However, the global shift towards sustainability has raised concerns about the continued reliance on fossil fuels and the environmental implications of such practices. Energy finance-particularly the balance between fossil fuel energy finance (FFEF) and renewable energy finance (RENF)-plays a critical role in shaping economic growth trajectories in these economies. At the same time, governance frameworks can either enhance or hinder the effectiveness of energy finance strategies. As the global push for sustainability intensifies, the need to balance these two energy sources becomes increasingly important. This

SUBMITTER: Rahman MM 

PROVIDER: S-EPMC11620459 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature