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The effect of climate vulnerability on global carbon emissions: Evidence from a spatial convergence perspective

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  • Ren, Xiaohang
  • Xiao, Ya
  • Xiao, Shitong
  • Jin, Yi
  • Taghizadeh-Hesary, Farhad

Abstract

Excessive exploitation of non-renewable resources contributes significantly to carbon emissions. To address the challenges of carbon emissions and resource sustainability, this study employs a panel dataset on 101 countries spanning the years 2012–2019 to investigate the role of climate vulnerability playing in global carbon emissions. We find that a significant spatial convergence pattern in global carbon emissions, and climate vulnerability facilitates this spatial convergence. Furthermore, we ascertain that the impact of climate vulnerability on the spatial convergence is systemically moderated by green technology, economic development, and industrial structure, which are related to resource scarcity and irrational use. Our novel finding sheds light on the policy implementation to achieve the sustainability of resource utilization.

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  • Ren, Xiaohang & Xiao, Ya & Xiao, Shitong & Jin, Yi & Taghizadeh-Hesary, Farhad, 2024. "The effect of climate vulnerability on global carbon emissions: Evidence from a spatial convergence perspective," Resources Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001843
    DOI: 10.1016/j.resourpol.2024.104817
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    Cited by:

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    2. Wang, Zongrun & Cao, Xuxin & Ren, Xiaohang & Gozgor, Giray, 2024. "Digital finance and the energy transition: Evidence from Chinese prefecture-level cities," Global Finance Journal, Elsevier, vol. 61(C).
    3. Dong, Kangyin & Yang, Senmiao & Wang, Jianda & Nepal, Rabindra & Jamasb, Tooraj, 2024. "Does Geopolitical Risk Accelerate Climate Vulnerability? New Evidence from the European Green Deal," Working Papers 15-2024, Copenhagen Business School, Department of Economics.

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    More about this item

    Keywords

    Climate vulnerability; Resource exploitation; Global carbon emissions; Spatial convergence;
    All these keywords.

    JEL classification:

    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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