The role of private investment in ICT on carbon dioxide emissions (CO2) mitigation: do renewable energy and political risk matter in Morocco?
2022
Khan, Yasir | Oubaih, Hana | Elgourrami, Fatima Zahra
The present study proposed the relationship among private investment in information and communication technology (ICT), carbon emissions (CO₂), renewable energy, political risk, and economic growth over the period of 1985–2020 in Morocco. The dynamic ARDL simulations (ARDL) model suggests that private partnership in ICT plays a significant role in abating CO₂ emissions, the adaptation of renewable energy is a key contributor in CO₂ degradation, while economic growth shows a positive and significant association with CO₂ emissions, indicating that economic growth increases CO₂ emissions. The study also analyzed political risk in the study region, which indicates that low political risk mitigates CO₂ emissions in Morocco. The findings provide significant enlightenment to acknowledge the importance of private partnership in ICT for the purpose to decarbonize CO₂ emissions, and adopting the use of renewable energy. The findings also suggest that a stable political system is inventible towards low-carbon development.
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