Different Regions' Climate Vulnerability and the Success of Transitioning to Renewable Energy

Authors

  • Abdul Ghaffar School of Economics, Bahuddin Zakariya University Multan, Punjab, Pakistan Author
  • Maria Sardar School of Business and Economics, Ghazi Khan University, Dera Ghazi Khan, Punjab, Pakistan Author

DOI:

https://doi.org/10.56868//cesi.v1i1.7

Keywords:

Climate Resilience, Energy Transition, Changing Climate, Renewable Energy, Climate Vulnerability

Abstract

Regional diversity and the transition to renewable energy sources may disproportionately impact the effectiveness of adaptation strategies to the Changes in the environment. The influences of general energy policy on the system for measuring climate sensitivity are still being determined, even though many countries are trying to promote renewable energy to mitigate climate change. To evaluate the effectiveness of climate adaptation strategies along the impact and susceptibility dimensions, we use a variety of renewable energy applications here. Using panel data regression and the Fuzzy Analytic Hierarchy Process, we analyze the temporal and spatial relationship between the worldwide transition to renewable energy and sensitivity to the climate. Although the percentage of renewable energy increases as countries become more aware of and prepared for climate change, the shift to renewables is unique across all countries. Countries with a higher capacity for adaptation are targeted for support of renewable energy, while vulnerable countries are ignored. These findings suggest that the advantages of transitioning to renewable energy sources may be reduced while current policies fail to account for regional differences in climate sensitivity, increasing climate inequality. Inconsistent regional adaption to climate change is a potential outcome of policies favouring renewable energy, which we empirically demonstrate in our study.

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Published

2023-11-20

How to Cite

Ghaffar, A., & Sardar, M. (2023). Different Regions’ Climate Vulnerability and the Success of Transitioning to Renewable Energy. Climate, Economics & Social Impact, 1(1), 39-54. https://doi.org/10.56868//cesi.v1i1.7