Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2097111
Novel research methods on the net-zero economy of climate finance in the energy sector
Muhammad Adnan Bashir
Zhao Dengfeng
Muhammad Imran Khan
Farrukh Shahzad
Samina Khalil
Sažetak
This is a perspective, about the future climate policy of Pakistan,
to improve the harvest of Green Climate Funds (GCF). This paper
takes upon the calculation of climate financing potential in the
context of the energy sector of Pakistan by estimating the potential
of becoming a net-zero sector in Pakistan’s Economy. The
study has identified several options for the government to reallocate
the energy mix and tie the energy demand targets with climate
targets for a green future of Pakistan. The study has used
basic excel tools to calculate facts from the available data sets in
Pakistan. The study found that, if Pakistan chooses to shift from
dirty sources of energy production to the use of cleaner inputs
for energy production, Pakistan can generate a significant amount
of climate finance by reducing the emissions from energy production,
which are recordable, traceable, and can be evaluated by
any of the third-party evaluating organization. The initial cost for
Pakistan will cause some discrepancies in some of the macroeconomic
indicators and may also cause budget imbalances it will
surely help the economy to achieve the targets of becoming a
net-zero economy and be able to harvest Green Climate Funds in
long term with much faster rate, which can overpass the investments
made or being made in this sector and will create a significant
amount jobs in the economy, which will be green jobs,
promoting environmental friendly output and sustainable growth.
Ključne riječi
Climate change; climate finance; clean energy; and cost; novel research methods
Hrčak ID:
304267
URI
Datum izdavanja:
31.3.2023.
Posjeta: 584 *