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ORIGINAL RESEARCH
Renewable Energy and Global Value Chains:
Catalysts for Reducing Carbon Emissions
in BRICS Countries
1
Department of Economics and Law, Concord University College Fujian Normal University, Fuzhou, Fujian 350117, China
2
Department of Economics, National College of Business Administration and Economics, Lahore Sub Campus Multan, Pakistan
3
Department of Finance and Economics, College of Business, University of Jeddah, Jeddah, Saudi Arabia
Submission date: 2024-08-30
Final revision date: 2024-11-06
Acceptance date: 2024-11-20
Online publication date: 2025-01-24
Publication date: 2026-01-30
Corresponding author
Hui Huang
Department of Economics and Law, Concord University College Fujian Normal University, Fuzhou, Fujian 350117, China
Department of Economics and Law, Concord University College Fujian Normal University, Fuzhou, Fujian 350117, China
Pol. J. Environ. Stud. 2026;35(1):657-671
KEYWORDS
TOPICS
ABSTRACT
Clean energy consumption is essential for reducing environmental pollution and harmful emissions.
Carbon dioxide is the most important air pollutant and a source of climate change worldwide, creating
numerous issues for living organisms. The purpose of this study was to analyze the dynamic relationship
between renewable energy consumption, global value chains, urbanization, and carbon emissions.
This study utilized common correlated effects mean group and augmented mean group estimator
econometric approaches to analyze panel data from 2000 to 2018 in BRICS countries. The findings
revealed that renewable energy consumption and global value chains were negatively associated
with carbon emissions in the BRICS economies, while urbanization was positively associated with
CO2 emissions. These findings indicate that these variables play important roles in controlling air
pollutants. It is concluded that high renewable energy consumption and participation in GVCs improve
environmental quality by decreasing CO2 emissions. To capture the favorable impacts of variables
along with economic activities, BRICS economies should increase renewable energy consumption by
providing green finance. They should develop international collaborations to initiate green initiatives
and adopt eco-friendly production practices to control environmental pollution.
CONFLICT OF INTEREST
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
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You can change cookies settings in your browser. Restricted use of cookies in the browser configuration may affect some functionalities of the website.
