Natural Resources Forum, Journal Year: 2024, Volume and Issue: 48(4), P. 1456 - 1476

Published: April 11, 2024

Abstract In recent decades, the detrimental impacts of climate change have been increasingly felt worldwide. This is due to extreme consumption natural resources fuel economic activity. Confronting a widening ecological deficit, humanity must urgently accelerate its journey toward sustainable development goals (SDGs). demands active efforts curb environmental pollution and protect resources, safeguarding planet for future generations. Since Brazil has high biocapacity areas, impact energy on sustainability policies cannot be excluded. Moreover, holds vital position in world global foreign direct investment flows. this regard, paper considers asymmetric mineral rents investments when investigating Brazil's sustainability. addition, it evaluates elements like growth low‐carbon from 1970 2021. To end, research applies Fourier nonlinear autoregressive distributed lag model draws three significant conclusions. First, resource extraction undermines Second, inflow reduces load capacity factor, implying that haven hypothesis Brazil. Third, contributes Our findings highlight critical role regulating achieving SDGs increasing clean sources transitioning can promote The Brazilian government should abandon extraction, focus consumption, prevent companies destroying nature by introducing strict regulations

Language: Английский