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THE IMPACT OF GREEN INVESTMENT ON SUSTAINABLE DEVELOPMENT IN EGYPT AND THE POSSIBILITY OF BENEFITING FROM EXPERIENCE OF UAE

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

The green economy has become a trend for all countries of the world to go to what is known as a new strategy to reduce environmental risks associated with the economy, as the green economy helps in achieving sustainable development without that development leading to a state of environmental degradation of all kinds, and the topics of renewable energy, green economy and green investment are of interest Countries of the world, which led to an increase in global investment rates to reach 260 billion dollars in 2021, compared to about 180 billion dollars in 2020, which contributed to reducing carbon dioxide emissions by about 7% during that year.

In preparing the applied part of this study, the researchers used the descriptive analytical method for a sample of (50) employees of Green Power Assiut Company. A questionnaire was distributed to the sample under study and some explanations were provided by the researchers.

The study concluded that there is a statistically significant relationship between green investment and economic growth and poverty reduction as one of the dimensions of sustainable development, and there are possibilities, resistances and mechanisms for financing green investment in Egypt. The researchers have suggested many recommendations aimed at benefiting from the outcomes of this study, including: maximizing the use of renewable energies and alternative waste and product recycling policy, encouraging foreign direct investment, especially smart sustainable green investments.

DOI

10.21608/jes.2022.152887.1293

Keywords

investment, Green, Development, sustainable, environment

Authors

First Name

Shimaa

Last Name

M. Abdel Aziz

MiddleName

-

Affiliation

Post graduate student at Faculty of Graduate Studies and Environmental Research, Ain Shams University

Email

shimaaabdelaziz.mohamed.abdelaziz.std@iesr.asu.edu.eg

City

-

Orcid

-

First Name

Wael F.

Last Name

Abdel Baset

MiddleName

-

Affiliation

Faculty of Commerce, Ain Shams University

Email

-

City

-

Orcid

-

First Name

Mohammad B.

Last Name

Abdel Menem

MiddleName

-

Affiliation

Faculty of Commerce, Ain Shams University

Email

-

City

-

Orcid

-

Volume

51

Article Issue

8

Related Issue

37383

Issue Date

2022-08-01

Receive Date

2022-07-27

Publish Date

2022-08-01

Page Start

275

Page End

306

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_271383.html

Detail API

https://jes.journals.ekb.eg/service?article_code=271383

Order

271,383

Type

Review Article

Type Code

599

Publication Type

Journal

Publication Title

Journal of Environmental Science

Publication Link

https://jes.journals.ekb.eg/

MainTitle

THE IMPACT OF GREEN INVESTMENT ON SUSTAINABLE DEVELOPMENT IN EGYPT AND THE POSSIBILITY OF BENEFITING FROM EXPERIENCE OF UAE

Details

Type

Article

Created At

22 Jan 2023