The impact of the blue economy and renewable energy on CO2 emissions in Indonesia: An ARDL approach

Shodrokova, Xenaneira and Yulianita, Anna and Bashir, Abdul and Asngari, Imam and Hidayat, Ariodillah (2025) The impact of the blue economy and renewable energy on CO2 emissions in Indonesia: An ARDL approach. Jurnal Perspektif Pembiayaan dan Pembangunan Daerah, 12 (3). pp. 255-270. ISSN 2338-4603

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Abstract

Indonesia, the largest archipelagic country in the world with rich marine biodiversity, has significant potential for developing a blue economy encompassing aquaculture, sustainable fisheries, and maritime tourism. However, if not managed sustainably, thes e activities could increase CO2 emissions. Indonesia is also among the world's highest emitters of greenhouse gases, largely due to deforestation, forest burning for agriculture, and reliance on fossil fuels in the energy sector. Given global commitments t o reducing emissions and mitigating climate change, this research explores how the blue economy and the transition to renewable energy can contribute to lowering CO2 emissions. This study examines both short and long term impacts using the Autoregressive Distributed Lag (ARDL) approach . The findings reveal that while increased aquaculture production initially reduces CO2 emissions due to efficiency gains and environmentally friendly technologies, its long term effects are more complex and may lead to highe r emissions. On the other hand, renewable energy consumption significantly reduces CO2 emissions in the short and long term. Conversely, higher energy intensity contributes to increased CO2 emissions, which can be mitigated through improved energy efficien cy.

Item Type: Article
Uncontrolled Keywords: Blue economy, CO2 emission, Economic growth, Renewable energy
Subjects: S Agriculture > SH Aquaculture. Fisheries. Angling > SH151-179 Fish culture
S Agriculture > SH Aquaculture. Fisheries. Angling > SH151-179 Fish culture > SH155.6.M48 Fishes--Artificial spawning. Fishes--Germplasm resources--Cryopreservation. Shellfish--Artificial spawning.
Divisions: 01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User: ariodillah hidayat ario hidayat
Date Deposited: 19 Jun 2025 03:09
Last Modified: 19 Jun 2025 03:09
URI: http://repository.unsri.ac.id/id/eprint/175558

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