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Publication Open Access Carbon emissions across income groups: exploring the role of trade, energy use, and economic growth(Springer Nature, 2025-07-10) Dharmapriya, N; Gunawardena, V; Methmini, D; Jayathilaka, R; Rathnayake, NThis study investigates the interplay of trade openness, energy consumption, and gross domestic product (GDP) on carbon emissions across different income groups, analysing data from 163 countries from 2000 to 2019. Using panel regression and multiple linear regression techniques, the findings highlight energy consumption as the principal driver of carbon emissions across all income categories, underscoring its central role in environmental sustainability challenges. High-income countries, despite technological advancements, continue to exhibit substantial emissions due to their reliance on fossil fuels. In contrast low-income nations face difficulties in balancing economic growth with environmental sustainability, often lacking the resources to adopt cleaner energy alternatives. The study emphasises the urgent need for income-specific strategies to reduce carbon emissions, advocating for the widespread adoption of renewable energy sources and tailored policy interventions. These insights align with the United Nations Sustainable Development Goals, particularly SDG 13 (Climate Action), by promoting the integration of economic development with environmental stewardship. By addressing disparities across income levels, this research offers actionable recommendations for policymakers to support equitable and sustainable practices globally.Publication Open Access Towards a greener future: examining carbon emission dynamics in Asia amid gross domestic product, energy consumption, and trade openness(Springer Nature, 2024-02-10) Dharmapriya, N; Edirisinghe, S; Gunawardena, V; Methmini, D; Jayathilaka, R; Dharmasena, T; Wickramaarachchi, C; Rathnayake, NThe purpose of this study is to examine the impact of gross domestic product, energy consumption, and trade openness on carbon emission in Asia. Among the 48 countries in Asia, 42 were included in the analysis, spanning a period of 20 years. Given that Asia is the predominant contributor, accounting for 53% of global emissions as of 2019, a comprehensive examination at both continental and individual country levels becomes imperative. Such an approach aligns with local, regional, and global development agendas, contributing directly and indirectly to climate change mitigation. The analytical techniques employed in this study encompassed panel regression and multiple linear regression, illuminating the specifc contributions of each country to the study variables and their impact on carbon emissions. The fndings suggest that gross domestic product (13 out of 42 countries), energy consumption (21 out of 42 countries), and trade openness (eight out of 42 countries) have a highly signifcant impact (p<0.01) on carbon emissions in Asia. Energy consumption plays a vital role in increasing carbon emissions in Asia, driven by rising populations, urbanisation, and oil and gas production. Policymakers can take several actions such as adopting a carbon pricing system, using sustainable transportation, renewable energy development,and international cooperation within Asia to reach the goal of being carbon neutral by 2050.
