Renewable Energy Adoption: Pathways toward Climate Change Mitigation and Sustainable Development
DOI:
https://doi.org/10.54536/ijsa.v4i1.7184Keywords:
Agricultural productivity, climate change, Renewable Energy, Sustainable DevelopmentAbstract
Renewable energy adoption has become essential for addressing climate change and achieving sustainable development, particularly in climate-vulnerable countries such as Bangladesh. This study examines the dynamic pathways through which renewable energy adoption contributes to climate change mitigation and sustainable development by analyzing the roles of energy security risk, private sector development, environmental policy stringency, economic growth, and CO₂ emissions. Using annual data from 2010-2025, the study applies advanced econometric techniques, including the Generalized Method of Moments Panel Vector Autoregressive (GMM-PVAR) model, impulse response analysis, panel Granger causality tests, and Method of Moments Quantile Regression (MMQR). The findings reveal that energy security risk, private sector development, environmental policy stringency, GDP per capita, and carbon emissions significantly influence renewable energy adoption in Bangladesh. The results further indicate that renewable energy adoption supports economic growth while improving energy security and environmental sustainability. Overall, strengthening private sector participation and effective environmental policies is crucial for accelerating Bangladesh’s transition toward a resilient, low-carbon, and sustainable energy system. Renewable energy adoption also plays a vital role in supporting smart agriculture systems in Bangladesh by enabling solar-powered irrigation, renewable-based agro-processing, and decentralized energy supply for digital farming technologies such as IoT-enabled sensors and automated irrigation systems.
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Copyright (c) 2026 B.M. Saidur Rahman, Mozibur Rahman, Rahul Rohit
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