Examining the impact of globalization and natural resources on environmental sustainability in G20 countries.

ABSTRACT: The G20 countries are responsible for around 75% of the world's greenhouse gas (GHG) emissions, including the use of natural resources. In this regard, the role of globalization in achieving environmental sustainability is a relatively new topic of concern. As a result, the present study considers how globalization and natural resources affect GHG emissions, as well as the roles that renewable energy consumption and urbanization play in the G20 countries between 1990 and 2020. Moreover, this research utilizes advanced panel data estimation methods to assess these interrelationships, like CUP-FM and CUP-BC methods. The study finds that globalization and natural resource use contribute to increased GHG emissions, with a more pronounced effect in high-income countries because most of the coun

SUBMITTER: Wang C 

PROVIDER: S-EPMC11680794 | biostudies-literature | 2024 Dec

REPOSITORIES: biostudies-literature