Examining the Relationship Between Climate Change, Energy Consumption, and the Financial System: The Case of E7 Countries

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dc.contributor.authorDuran, Naime İrem
dc.contributor.authorDemirkale, Özge
dc.date.accessioned2025-03-09T18:07:43Z
dc.date.available2025-03-09T18:07:43Z
dc.date.issued2025
dc.departmentBeykent Üniversitesi
dc.description.abstractThis study aims to investigate the correlation among climate change, energy consumption, and the financial system, using the E7 countries as a case study. The E7 comprises emerging economies including Brazil, China, India, Russia, Turkey, Indonesia, and Mexico, which are the primary focus of this research. The research delves into the factors impacting CO2 emissions over the long term, spanning from 1992 to 2020. Results reveal a positive correlation between economic growth and fossil fuel usage with CO2 emissions, while a negative correlation is identified between CO2 emissions and variables such as renewable energy consumption, temperature changes, and capital investments. The study underscores the significance of sustainability and environmental policies for the E7 nations. Recommendations include increasing investments in renewable energy sources, encouraging the adoption of carbon-neutral transportation technologies, and supporting initiatives for forest conservation and afforestation. In conclusion, this study provides valuable insights into the relationship between climate change, energy consumption, and the financial system within E7 countries, offering policy recommendations for achieving sustainability.
dc.description.abstractThis study aims to investigate the correlation among climate change, energy consumption, and the financial system, using the E7 countries as a case study. The E7 comprises emerging economies including Brazil, China, India, Russia, Turkey, Indonesia, and Mexico, which are the primary focus of this research.The research delves into the factors impacting CO2 emissions over the long term, spanning from 1992 to 2020. Results reveal a positive correlation between economic growth and fossil fuel usage with CO2 emissions, while a negative correlation is identified between CO2 emissions and variables such as renewable energy consumption, temperature changes, and capital investments.The study underscores the significance of sustainability and environmental policies for the E7 nations. Recommendations include increasing investments in renewable energy sources, encouraging the adoption of carbon-neutral transportation technologies, and supporting initiatives for forest conservation and afforestation.In conclusion, this study provides valuable insights into the relationship between climate change, energy consumption, and the financial system within E7 countries, offering policy recommendations for achieving sustainability.
dc.identifier.doi10.7240/jeps.1490561
dc.identifier.endpage87
dc.identifier.issn2636-8277
dc.identifier.issueUYIK 2024 Special Issue
dc.identifier.startpage77
dc.identifier.urihttps://doi.org/10.7240/jeps.1490561
dc.identifier.urihttps://hdl.handle.net/20.500.12662/5259
dc.identifier.volume37
dc.language.isoen
dc.publisherMarmara Üniversitesi
dc.relation.ispartofInternational Journal of Advances in Engineering and Pure Sciences
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_DergiPark_20250309
dc.subjectClimate Change
dc.subjectEnergy Consumption
dc.subjectFinancial System
dc.subjectE7 Countries
dc.subjectİklim Değişikliği
dc.subjectEnerji Tüketimi
dc.subjectFinansal Sistem
dc.subjectE7 Ülkeleri
dc.titleExamining the Relationship Between Climate Change, Energy Consumption, and the Financial System: The Case of E7 Countries
dc.title.alternativeİklim Değişikliği, Enerji Tüketimi Ve Finansal Sistem Arasındaki İlişkinin İncelenmesi: E7 Ülkeleri Örneği
dc.typeArticle

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