Nexus between Green Resources, Energy Consumption, and Environmental Quality in Pakistan
Abstract
This study's most prominent goal is to examine how Pakistan's green resources, energy use, economic expansion, and urbanization affect environmental health while controlling for the role of national governance. The time series data from the years 1990 to 2022 was used. To analyze the link among green resources, energy consumption, and environmental quality by using econometric techniques such as unit root test, ARDL model, and diagnostic tests. The outcome of this study demonstrates that three variables such as non-renewable energy, (GDP) as economic growth and urbanization are significantly associated with environmental degradation while renewable energy sources like solar, wind, and water energies decrease the degradation of the environment. The conclusion of this study reveals that green resources especially renewable sources (RENG) significantly improve environmental quality. The outcomes of this study will also put up better policy options for policymakers for environmental protection by the utilization of green resources (RENG) or environmental-friendly sources in Pakistan.