Sustainability, Journal Year: 2024, Volume and Issue: 16(23), P. 10191 - 10191
Published: Nov. 21, 2024
Energy–economy–environment sustainability is critical in shaping energy policies, especially developing countries facing shortages. Investment infrastructure, such as under the China–Pakistan Economic Corridor (CPEC), provides an opportunity to explore how investments impact economic growth, environmental quality, and security. This study examines energy, economic, effects of CPEC’s Pakistan, covering a range power sources, including coal, hydro, solar, wind, nuclear energy. Utilizing data from 31 CPEC projects employing GTAP-E-Power model, this research assesses these impacts through seven scenarios, comprehensively analyzing heterogeneity different sources. Our findings reveal that while all types infrastructure contribute increasing share zero-emissions electricity 49.1% reducing CO2 emissions by 18.61 million tons, vary significantly source. The suggests it crucial prioritize renewable addressing immediate shortages balance growth with sustainability. Policymakers should also consider potential inter-sectoral substitution when applying significant shocks specific sectors. analysis informs future investment decisions offers insights for other Belt Road Initiative (BRI) aiming optimize their strategies sustainable development.
Language: Английский