Sustainable Development, Journal Year: 2025, Volume and Issue: unknown
Published: March 3, 2025
ABSTRACT This study is driven by the pressing need to assess how international Paris Agreement of 2015, as a policy shock, impacts climate actions in G‐20 countries, which account for most world's emissions. Achieving SDG‐13 (Climate Actions) requires understanding function G‐7 policy. In this context, using quasi‐natural experiment design with Multi‐year Difference‐in‐Differences (DID), fixed‐effect DID, and propensity score matching (PSM‐DID), examines policies affected (SDG‐13) countries from 2002 2021. The findings demonstrate that 2015 substantially benefits action, treatment effects ranging 0.278 0.367, at significance level 1%. show covariant environmental taxes help advance efforts, whereas coal rents use fossil fuels impede them. International cooperation (SDG‐17) further improves outcomes. Climate change adopted have significant long‐term influence on other member nations. But their efficacy has slightly changed over time. focuses providing necessary tools global transition towards climate‐resilient low‐carbon net‐zero future pathways.
Language: Английский