Impact of Trade, GDP growth and Natural Resources on Carbon Emissions in Pakistan: A quantitative study
Keywords:
Carbon emissions, GDP, Environment, Natural Resources, TradeAbstract
Anthropogenic activities are responsible for 95% global climate change resulting from Greenhouse gasses (GHG) emissions due to dependence on fossil fuels. Therefore, sustainability threats are increasing. Also, in Pakistan, these threats are increasing due to several factors like Trade and economic growth which may lead to environmental threats. To address these concerns, this study examines natural resources, trade, and economic growth as indicators and the environmental impacts of CO2 emissions on the GDP growth of Pakistan. Data and information on Pakistan’s economic growth and CO2 emissions were collated and analyzed for a period of over three decades. The results indicate a positive relationship between Trade, GDP and carbon dioxide emission. Evidence also suggests that harnessing of Pakistan’s natural resources (that are primarily non-carbon based), have no tangible impact on Carbon Emission. Hence, it is suggested to go for environment friendly trade policies for long-term sustainable economic growth.
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