Greening Somalia’s Future: The influence of Renewable Energy, Domestic Investment, and Agricultural Value-Added on Environmental Sustainability
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This study investigates Greening Somalia’s Future: The Influence of Renewable Energy, Domestic Investment, and Agricultural Value-Added on Environmental Sustainability using annual time- series data from 1990 to 2020. The ARDL bounds testing approach, supported by Johansen cointegration and CCR methods, confirms a long-run relationship among the variables. The findings show that renewable energy significantly reduces greenhouse gas emissions, while domestic investment and agricultural value-added increase environmental degradation. Economic growth is found to lower emissions, supporting the Environmental Kuznets Curve hypothesis. The results highlight the importance of renewable energy expansion and environmentally conscious investment policies for achieving sustainable development in Somalia.
