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Article Open Access http://dx.doi.org/10.26855/oajrces.2024.12.001

A Holistic Approach to Carbon Reduction via Energy, Infrastructure, and Financial Inclusion

Muhammad Adil Javed

Department of Chemistry, University of Management and Technology, Lahore 54770, Pakistan.

*Corresponding author:Muhammad Adil Javed

Published: February 10,2025

Abstract

Financial inclusion is essential for a sustainable energy and infrastructure foundation. The study presents a comprehensive analysis of the relationship between energy structure, infrastructure, financial inclusion, and carbon emissions in the "MINT + BRIC" countries (Mexico, Russia, China, India, Brazil, Indonesia, Nigeria, and Turkey). Utilizing data from 1990 to 2022, the study finds that infrastructure, energy structure, and financial inclusion are key factors in reducing carbon emissions. The results indicate that energy structure decreases 0.30% of carbon emissions in these nations. The research employs various econometric models to establish these relationships and suggests that increased investment in infrastructure and energy, along with expanded financial inclusion, are necessary for long-term sustainability. The study aligns with the United Nations Sustainable Development Goals.

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How to cite this paper

A Holistic Approach to Carbon Reduction via Energy, Infrastructure, and Financial Inclusion

How to cite this paper: Muhammad Adil Javed(2024) A Holistic Approach to Carbon Reduction via Energy, Infrastructure, and Financial InclusionOAJRC Environmental Science5(3), 72-81.

DOI: http://dx.doi.org/10.26855/oajrces.2024.12.001