Renewable Energy and Green Financing for Environmental Sustainability: Empirical Evidence from Ethiopia’s Clean Energy Transition
環境持続可能性のための再生可能エネルギーとグリーンファイナンス：エチオピアのクリーンエネルギー移行からの実証的証拠 (AI 翻訳)
Mulatu Tilahun Debel, Feng Wang
🤖 gxceed AI 要約
日本語
本研究は、エチオピアの再生可能エネルギーとグリーンファイナンスがCO₂排出削減に与える効果を動的計量経済モデルで分析。水力発電主体の再エネが太陽光・風力依存国より強い脱炭素効果を持つこと、気候援助の排出削減効果が高いこと、環境クズネッツ曲線の転換点が遅れることなどを発見。化石燃料ロックインやエネルギー効率のリバウンド効果も指摘。
English
This study empirically analyzes the impact of renewable energy and green financing on CO₂ emissions in Ethiopia using dynamic econometric modeling. Key findings: hydropower-dominated RE has stronger decarbonization effects than solar/wind; climate aid shows robust mitigation; delayed Environmental Kuznets Curve turning point. Also identifies fossil fuel lock-in and rebound effects.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
エチオピアの事例は、日本のODAや国際協力におけるグリーンファイナンスの効果評価に示唆を与える。また、水力主体の再エネ戦略は日本の地熱・水力活用にも参考になるが、直接的な政策連動は限定的。
In the global GX context
This paper provides empirical evidence on RE and green finance effectiveness in a low-income, hydropower-dependent context, contributing to debates on RE quality and climate finance. While Ethiopia-specific, it offers insights for developing countries and international climate finance frameworks.
👥 読者別の含意
🔬研究者:Provides empirical evidence on RE quality and climate finance effectiveness in a least-developed country context.
🏢実務担当者:Offers insights for green financing strategies and fossil fuel phase-out policies in developing economies.
🏛政策担当者:Highlights the importance of targeted ODA and grid flexibility investments for clean energy transitions.
📄 Abstract（原文）
This study provides novel empirical evidence on the effectiveness of renewable energy (RE) and green financing in driving Ethiopia’s clean energy transition, employing dynamic econometric modeling to analyze their impact on CO₂ emissions. Using advanced GMM estimation with robust instruments, we uncover three key contributions to the literature: First, RE consumption significantly reduces emissions, with Ethiopia’s hydropower-dominated mix demonstrating stronger decarbonization effects than solar/wind-dependent systems in comparable economies. Second, climate-focused aid (green financing) exhibits a robust mitigation effect, outperforming regional averages due to Ethiopia’s centralized Climate Resilient Green Economy implementation a previously unquantified policy advantage. Third, we identify a delayed Environmental Kuznets Curve turning point, revealing extended carbon-intensive growth phases unique to least-developed industrializing nations. Crucially, we expose two understudied barriers: (1) fossil fuel lock-in persisting despite RE gains and (2) energy intensity rebound effects that undermine efficiency policies. These findings advance theoretical debates on RE quality and climate finance effectiveness while offering actionable insights: targeted fossil phase-out regulations, optimized ODA allocation to grid flexibility, and industrial carbon budgets. Our study redefines transition pathways for hydropower-reliant low-income economies, providing the first integrated assessment of Ethiopia’s policy triad RE expansion, green financing, and institutional decarbonization to bridge critical gaps between climate action and sustainable development goals.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.5772/geet20250101first seen 2026-05-05 19:07:30
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