An economic perspective on the notion of “Carbon neutrality”

Alaa M. Soliman; Samuel Moloney; Kalim Siddiqui

doi:10.1016/B978-0-443-15936-7.00006-2

An economic perspective on the notion of “Carbon neutrality”

Alaa M. Soliman, Samuel Moloney, Kalim Siddiqui

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

Balancing long-term economic growth and carbon neutrality has become a major global challenge. Stepping up the efforts to realize net zero emission and carbon neutrality will eliminate greenhouse emissions and reduce long term economic losses. Therefore, exploring the pathways to zero-carbon economies is important. Both developed and developing countries looking to spur economic growth and reduce poverty are now more under pressure, than ever before, to factor in carbon neutrality targets in their future development strategies. This chapter provides new theoretical insights on the balancing of environmental sustainability and economic growth. The chapter also discusses the various challenges to carbon neutrality and explores various pathways and practices through which societies can balance carbon neutrality targets and economic growth.

Original language	English
Title of host publication	Recent Developments in Green Finance, Green Growth and Carbon Neutrality
Editors	Muhammad Shahbaz, Kangyin Dong, Daniel Balsalobre-Lorente, Ayfer Gedikli
Publisher	Elsevier
Chapter	2
Pages	37-61
Number of pages	25
ISBN (Electronic)	9780443159374
ISBN (Print)	9780443159367
DOIs	https://doi.org/10.1016/B978-0-443-15936-7.00006-2
Publication status	Published - 25 Aug 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 13 Climate Action

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10.1016/B978-0-443-15936-7.00006-2Licence: Unspecified

Cite this

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An economic perspective on the notion of “Carbon neutrality”. / Soliman, Alaa M.; Moloney, Samuel; Siddiqui, Kalim.
Recent Developments in Green Finance, Green Growth and Carbon Neutrality. ed. / Muhammad Shahbaz; Kangyin Dong; Daniel Balsalobre-Lorente; Ayfer Gedikli. Elsevier, 2023. p. 37-61.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - An economic perspective on the notion of “Carbon neutrality”

AU - Soliman, Alaa M.

AU - Moloney, Samuel

AU - Siddiqui, Kalim

PY - 2023/8/25

Y1 - 2023/8/25

N2 - Balancing long-term economic growth and carbon neutrality has become a major global challenge. Stepping up the efforts to realize net zero emission and carbon neutrality will eliminate greenhouse emissions and reduce long term economic losses. Therefore, exploring the pathways to zero-carbon economies is important. Both developed and developing countries looking to spur economic growth and reduce poverty are now more under pressure, than ever before, to factor in carbon neutrality targets in their future development strategies. This chapter provides new theoretical insights on the balancing of environmental sustainability and economic growth. The chapter also discusses the various challenges to carbon neutrality and explores various pathways and practices through which societies can balance carbon neutrality targets and economic growth.

AB - Balancing long-term economic growth and carbon neutrality has become a major global challenge. Stepping up the efforts to realize net zero emission and carbon neutrality will eliminate greenhouse emissions and reduce long term economic losses. Therefore, exploring the pathways to zero-carbon economies is important. Both developed and developing countries looking to spur economic growth and reduce poverty are now more under pressure, than ever before, to factor in carbon neutrality targets in their future development strategies. This chapter provides new theoretical insights on the balancing of environmental sustainability and economic growth. The chapter also discusses the various challenges to carbon neutrality and explores various pathways and practices through which societies can balance carbon neutrality targets and economic growth.

KW - Carbon naturality

KW - Carbon emissions

KW - Environmental Kuznets curve

KW - Economic growth models

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DO - 10.1016/B978-0-443-15936-7.00006-2

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SN - 9780443159367

SP - 37

EP - 61

BT - Recent Developments in Green Finance, Green Growth and Carbon Neutrality

A2 - Shahbaz, Muhammad

A2 - Dong, Kangyin

A2 - Balsalobre-Lorente, Daniel

A2 - Gedikli, Ayfer

PB - Elsevier

ER -

An economic perspective on the notion of “Carbon neutrality”

Abstract

UN SDGs

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