Speaker
Description
Today, excessive consumption and environmental pollution are among the most important threats to the lives of future generations. Sustainable development aims to leave a livable world for future generations by preventing the unconscious consumption of resources. Therefore, sustainable development is of vital importance for the future of humanity. It addresses economic, social and environmental factors together for a more just and livable world in order to meet the needs of today and the future. In this context, the Sustainable Development Goals (SDGs) were adopted by the United Nations (UN) in 2015. It foresees the achievement of 17 main goals globally by 2030. One of these goals is related to reducing the environmental impacts of energy production and consumption and ensuring access to energy for everyone. The success of this goal, known as Goal 7- Affordable and Clean Energy, is critical for increasing welfare. In this context, a panel consisting of Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Turkmenistan and Uzbekistan was considered in the study between 2000-2022. The socio-economic factors affecting the Goal 7 score in the Turkish Republics were determined with panel quantile regression analysis. The independent variables consist of economic growth, population growth rate, information and communication technologies, trade openness and government expenditures. The findings show that while population growth rate and trade openness have positive effects on Goal 7- Affordable and Clean Energy, economic growth, information and communication technologies and government expenditures have negative effects. For the success of Goal 7 – Affordable and Clean Energy in the Turkic Republics, green growth strategies should be adopted, trade openness should be increased, information and communication technologies should be integrated with energy efficiency, and government spending should be directed towards renewable energy.
Keywords | Affordable and Clean Energy, Panel Quantile Regression, Sustainable Development Goals. |
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