Skip to content
Open access

Relationship between FDI, Renewable energy, Inflation and carbon emission in Nigeria

Sep 2026 · International Journal of Advanced Business Studies · Vol 5, pp. 42-55 · 0 citations · 25 references

Abstract

Global sustainability is still severely hampered by the rising CO2 concentration, especially in developing nations like Nigeria. Nigeria faces difficulties in striking a balance between EG and environmental sustainability because of its abundance of natural resources and rapid economic growth. Sequel to this, this study examines connections amid renewable energy, inflation and CO2 in Nigeria. The study used ARDL methods over the period of 1990-2021 utilizing time series data from World Development Indicator (WDI, 2022). The findings indicate that long-run equilibrium estimates verify that while RE considerably reduces environmental degradation, GDP growth, FDI, and TR continue to put positive pressure on CO2 emissions. From a policy perspective, the study shows that GDPC and environmental sustainability may coexist under the direction of cogent frameworks that incorporate energy, trade, and investment initiatives. Promoting green FDI in energy-efficient industries and renewable technology can boost growth and lower emissions. Increasing TR in accordance with global environmental standards promotes the spread of cleaner industrial techniques and technical spillovers.

Read PDF

Similar papers

Open access Sep 2026

Carbon Emissions, Energy Consumption, and Economic Growth in Nigeria

Nigeria, Africa’s largest oil producer, faces significant environmental and economic challenges due to its reliance on fossil fuels, contributing 0.74% of global CO2 emissions in 2019 (354 MtCO2e), with the energy sector accounting for 60.5% of emissions. The analysis, grounded in the Environmental Kuznets Curve (EK...

Andekujwo Baajon Mamman · 0 citations
Open access Sep 2026

Environmental Sustainability and Economic Development in Central Asia: The Role of Energy, Trade, and Foreign Investment

This study investigates the relationship between carbon dioxide (CO2) emissions, economic growth, energy consumption, foreign direct investment, and trade openness in Kazakhstan, the Kyrgyz Republic, and Uzbekistan over the period 1997–2024. Using panel data from the World Bank and applying the Pooled Mean Group estima...

G. Bekimbetova, Alisher Eshtaev, Javlonbek Urazaliev et al. · 0 citations
Open access 2026

Environmental Sustainability in Pakistan: The Role of Natural Resource Rent, Foreign Direct Investment, and Renewable Energy

For decades, environmental degradation has become a universal challenge, and for sustainable environmental quality requires an accurate and broader proxy for proper assessment. Pakistan faces serious environmental challenges due to rising emissions, rapid urbanization and heavy reliance on fossil fuels. Several studie...

Zafar Iqbal, Sayed Irshad Hussain · 0 citations
Open access Oct 2026

Financial Development and Environmental Sustainability: The Role of Renewable Energy in Non-Oil Exporting Emerging Economies

Financial development is frequently viewed as a means of inspiring investment, technological innovation and infrastructure development, which in turn can drive sustainable economic transition. However, the impacts on the environment of the growth of financial systems are not clear, especially in emerging economies wher...

Mudassara Sarwar, R. Awan, Shamrez Ali · 0 citations
Open access Aug 2026

Energy, Sustainability and Environment Sustainable Pathways to an Energy Future for AI in Nigeria

Background: Nigeria’s rapid adoption of Artificial Intelligence in Fintech, Healthtech, and Digital Services is driving Energy demand that strains fragile infrastructure. With 62% of electricity still generated from fossil fuels as of 2023, AI growth risks increasing Carbon Emissions and Environmental Degradation. Obje...

Clifford Erhiyodavwe Edevbie · 0 citations
Open access Aug 2026

Regulatory quality and environmental sustainability nexus in D8 countries

This study investigates the relationships between regulatory quality, carbon emissions (CO2), renewable energy consumption, and economic growth in D-8 countries (Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey) over the period 2007–2023. Using panel data techniques, long-run relationships ar...

Azadeh Amoozegar, Mahmut Özdemirkol, Sevgi Cengiz et al. · 0 citations

We use cookies to run the site and, with your consent, for analytics and to show ads. See our Cookie Policy.