Determinants of climate change: is financial development a significant contributor to climate change

The main purpose of this study is to study the determinants of climate change in 5 of the ASEAN countries from the period of 1996 to 2015. It also studies about the significance of Financial Development in the issue of climate change and how it interacts with other determinants and further causes cl...

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Main Authors: Lim, Angie, Lim, Guo Wei, Loh, Kah Chye, Loo, Pui Kuan, Wong, Kang Xian
Format: Final Year Project / Dissertation / Thesis
Published: 2020
Subjects:
Online Access:http://eprints.utar.edu.my/4008/
http://eprints.utar.edu.my/4008/1/fyp_FN_2020_LA_%2D_1705551.pdf
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author Lim, Angie
Lim, Guo Wei
Loh, Kah Chye
Loo, Pui Kuan
Wong, Kang Xian
author_facet Lim, Angie
Lim, Guo Wei
Loh, Kah Chye
Loo, Pui Kuan
Wong, Kang Xian
author_sort Lim, Angie
building UTAR Institutional Repository
collection Online Access
description The main purpose of this study is to study the determinants of climate change in 5 of the ASEAN countries from the period of 1996 to 2015. It also studies about the significance of Financial Development in the issue of climate change and how it interacts with other determinants and further causes climate change. The data used in this research is secondary data with a total number of observations of 100. In this research, some variables have been found to be significant in affecting climate change and some variables have been found to interact with financial development and further affects climate change. The emission of carbon dioxide would increase when foreign direct investment and economic growth interacts with financial development. This shows that with higher financial development, foreign direct investment and economic growth would further cause climate change in the 5 ASEAN countries. However, when renewable energy interacts with financial development, it would decrease the emission of carbon dioxide. This means that when the country is developed, it would have enough resources to develop renewable energy and reduce climate change effectively. As a conclusion, financial development does play a significant role in the issue of climate change in the 5 ASEAN countries.
first_indexed 2025-11-15T19:32:20Z
format Final Year Project / Dissertation / Thesis
id utar-4008
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:32:20Z
publishDate 2020
recordtype eprints
repository_type Digital Repository
spelling utar-40082021-03-10T12:09:21Z Determinants of climate change: is financial development a significant contributor to climate change Lim, Angie Lim, Guo Wei Loh, Kah Chye Loo, Pui Kuan Wong, Kang Xian HG Finance The main purpose of this study is to study the determinants of climate change in 5 of the ASEAN countries from the period of 1996 to 2015. It also studies about the significance of Financial Development in the issue of climate change and how it interacts with other determinants and further causes climate change. The data used in this research is secondary data with a total number of observations of 100. In this research, some variables have been found to be significant in affecting climate change and some variables have been found to interact with financial development and further affects climate change. The emission of carbon dioxide would increase when foreign direct investment and economic growth interacts with financial development. This shows that with higher financial development, foreign direct investment and economic growth would further cause climate change in the 5 ASEAN countries. However, when renewable energy interacts with financial development, it would decrease the emission of carbon dioxide. This means that when the country is developed, it would have enough resources to develop renewable energy and reduce climate change effectively. As a conclusion, financial development does play a significant role in the issue of climate change in the 5 ASEAN countries. 2020-04-27 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/4008/1/fyp_FN_2020_LA_%2D_1705551.pdf Lim, Angie and Lim, Guo Wei and Loh, Kah Chye and Loo, Pui Kuan and Wong, Kang Xian (2020) Determinants of climate change: is financial development a significant contributor to climate change. Final Year Project, UTAR. http://eprints.utar.edu.my/4008/
spellingShingle HG Finance
Lim, Angie
Lim, Guo Wei
Loh, Kah Chye
Loo, Pui Kuan
Wong, Kang Xian
Determinants of climate change: is financial development a significant contributor to climate change
title Determinants of climate change: is financial development a significant contributor to climate change
title_full Determinants of climate change: is financial development a significant contributor to climate change
title_fullStr Determinants of climate change: is financial development a significant contributor to climate change
title_full_unstemmed Determinants of climate change: is financial development a significant contributor to climate change
title_short Determinants of climate change: is financial development a significant contributor to climate change
title_sort determinants of climate change: is financial development a significant contributor to climate change
topic HG Finance
url http://eprints.utar.edu.my/4008/
http://eprints.utar.edu.my/4008/1/fyp_FN_2020_LA_%2D_1705551.pdf