Document Type : Research Paper
Authors
1 Islamic university
2 Department of Economics, Islamic Azad University, Arak, Iran
Abstract
Renewable energies have been proposed as a key solution to deal with climate change and reduce dependence on fossil fuels. The development and expansion of this type of energy has been dependent on various factors, including human capital and green financing. Human capital and green financing are two key factors in the development of renewable energy. Investing in the training and development of specialized human resources and providing sufficient financial resources can help accelerate the transition to renewable energiesand sustainable energy. The current research is the effect of two factors of human capital and green financing on renewable energy in ECO member countries. Therefore, in the period from 2000 to 2024 and based on the Cross Sectional Augmented Autoregressive Distributed Lag (CS-ARDL), the relationship between the research variables has been analyzed. The results show that in Eco, there is a positive and significant relationship between human capital and green financing and renewable energies. Also, the results of this research, in addition to clarifying the issues of sustainable development, provide an insight based on the examination of the complexities of the transition towards the perspective of greener energies, for policy makers and researchers in this field.
Keywords
Main Subjects
)