Is Green Growth Achievable? The Role Of Brics And Its New Members On Co2 Emissions
Abstract
This study analyzes the main factors influencing CO2 emissions in the long term and short term based on the characteristics of BRICS countries and their new members, using an Autoregressive Distributed Lag model. Several statistical techniques such as stationary and cointegration tests were used to validate the relationships. The findings show that GDP, oil rents, and trade openness have a significant positive effect on CO2 emissions in long term. In contrast, FDI and inflation have no effect in the long term. In short term, only GDP contributes to increasing CO2 emissions. In addition, the inverted U-Shaped curve is not found to be happening in this group. From this study, it can be concluded that the role of BRICS countries and their new members are still causing the increase of CO2 emissions. Achieving green growth requires a high level of commitment from BRICS countries and their new members to reduce their contribution to global CO2 emissions growth.
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Publication Date
01 September 2026
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European Publisher
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1st Edition
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1-1
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Accounting and Finance, Business and Management, Communication, Law and Governance
Cite this article as:
Tsandra, N. A., Harmaini*, H., Syofyan, S., & Ardina, M. (2026). Is Green Growth Achievable? The Role Of Brics And Its New Members On Co2 Emissions. In Y. Naoyuki, A. Peng Hwa, & J. Matthes (Eds.), GLY-Upcoming Volume: Innovating Together: The Convergence of Management, Communication, and The Digital Transformation, vol -. European Proceedings of Social and Behavioural Sciences (pp. 0-0). European Publisher. https://doi.org/10.15405/epsbs.2026.09.50