Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan
Decarbonization is at the top of the global agenda, with many countries setting net zero emissions sustainable development goals. Azerbaijan is a country that has managed to significantly reduce its carbon emissions in recent years, and analyzing the determinants of carbon emissions is important for...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2025-01-01
|
| Series: | BIO Web of Conferences |
| Subjects: | |
| Online Access: | https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02003.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832098681576226816 |
|---|---|
| author | Korkut Pata Ugur Karlilar Pata Selin |
| author_facet | Korkut Pata Ugur Karlilar Pata Selin |
| author_sort | Korkut Pata Ugur |
| collection | DOAJ |
| description | Decarbonization is at the top of the global agenda, with many countries setting net zero emissions sustainable development goals. Azerbaijan is a country that has managed to significantly reduce its carbon emissions in recent years, and analyzing the determinants of carbon emissions is important for Azerbaijan to continue this success. In this context, the study aims to examine the impact of forest area, financial development, environmental patents and economic growth on carbon emissions according to the Environmental Kuznets Curve (EKC) hypothesis for Azerbaijan over the period 1992-2021. To this end, the study tests the validity of the EKC using the ARDL approach. In addition, the study shows that financial development increases environmental problems, environmental patents have no effect on carbon emissions, and forest area is a critical factor for decarbonization. In light of these results, the government of Azerbaijan should expand its policies to promote afforestation in order to achieve a zero-carbon economy. |
| format | Article |
| id | doaj-art-26e0f01547b240e4a9571a912f2541c4 |
| institution | Kabale University |
| issn | 2117-4458 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | BIO Web of Conferences |
| spelling | doaj-art-26e0f01547b240e4a9571a912f2541c42025-02-05T10:42:41ZengEDP SciencesBIO Web of Conferences2117-44582025-01-011510200310.1051/bioconf/202515102003bioconf_mblc2024_02003Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in AzerbaijanKorkut Pata Ugur0Karlilar Pata Selin1Department of Economics, College of Political Science and Economics, Korea UniversityDepartment of Economics, Hatay Mustafa Kemal UniversityDecarbonization is at the top of the global agenda, with many countries setting net zero emissions sustainable development goals. Azerbaijan is a country that has managed to significantly reduce its carbon emissions in recent years, and analyzing the determinants of carbon emissions is important for Azerbaijan to continue this success. In this context, the study aims to examine the impact of forest area, financial development, environmental patents and economic growth on carbon emissions according to the Environmental Kuznets Curve (EKC) hypothesis for Azerbaijan over the period 1992-2021. To this end, the study tests the validity of the EKC using the ARDL approach. In addition, the study shows that financial development increases environmental problems, environmental patents have no effect on carbon emissions, and forest area is a critical factor for decarbonization. In light of these results, the government of Azerbaijan should expand its policies to promote afforestation in order to achieve a zero-carbon economy.https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02003.pdfafforestationazerbaijancarbon emissionsenvironmental sustainabilityfinancial progress |
| spellingShingle | Korkut Pata Ugur Karlilar Pata Selin Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan BIO Web of Conferences afforestation azerbaijan carbon emissions environmental sustainability financial progress |
| title | Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan |
| title_full | Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan |
| title_fullStr | Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan |
| title_full_unstemmed | Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan |
| title_short | Effects of Forest Area, Environmental Patents And Financial Progress on Carbon Emissions in Azerbaijan |
| title_sort | effects of forest area environmental patents and financial progress on carbon emissions in azerbaijan |
| topic | afforestation azerbaijan carbon emissions environmental sustainability financial progress |
| url | https://www.bio-conferences.org/articles/bioconf/pdf/2025/02/bioconf_mblc2024_02003.pdf |
| work_keys_str_mv | AT korkutpataugur effectsofforestareaenvironmentalpatentsandfinancialprogressoncarbonemissionsinazerbaijan AT karlilarpataselin effectsofforestareaenvironmentalpatentsandfinancialprogressoncarbonemissionsinazerbaijan |