Sustainable Development, Journal Year: 2025, Volume and Issue: unknown
Published: April 24, 2025
ABSTRACT Reliable energy resources are indispensable for meeting growing human demand, and ensuring their sustainable use remains a critical global challenge in achieving the Sustainable Development Goals. This study delves into linkage of shortage with key development indicators, including economic growth, index, index South Asian region. The empirical results estimated through panel quantile regression method movement approaches. found U‐shaped relationship, indicating that initial electrification access has limited impact on development, but after surpassing certain threshold, further improvement greatly accelerates social, environmental, development. These suggest non‐existence region, as most population already achieved electricity access. Furthermore, trade openness increases while urbanization gross capital formation present mixed results. findings need policy to promote practices renewable adoption, efficiency, equitable distribution rather than mere expansion. research offers valuable insights policymakers formulate policies support region's balance growth environmental sustainability.
Language: Английский