Template-Type: ReDIF-Article 1.0
Author-Name: Makhmudov, Samariddin
Author-Name-First: Samariddin
Author-Name-Last: Makhmudov
Author-Email: makhmudovsamariddin@gmail.com
Author-Workplace-Name: Department of Finance and Tourism, Termez University of Economics and Service, Termez, Uzbekistan; & Department of Economics, Mamun University, Khiva, 220900, Uzbekistan; & Center of the Engagement of International Ranking Agencies, Tashkent State University of Economics, Tashkent, Uzbekistan
Author-Name: Madaminov, Sardorbek
Author-Name-First: Sardorbek
Author-Name-Last: Madaminov
Author-Email: sardorbekmadaminovkadamovich@gmail.com
Author-Workplace-Name: Department of Economics, Urgench State University, Urgench, Uzbekistan
Author-Name: Kurbanov, Daniyor
Author-Name-First: Daniyor
Author-Name-Last: Kurbanov
Author-Email: daniyorhoja@gmail.com
Author-Workplace-Name: Department of Business Management, Tashkent State University of Economics, Tashkent, Uzbekistan
Author-Name: Nabiyeva, Nilufar
Author-Name-First: Nilufar
Author-Name-Last: Nabiyeva
Author-Email: nilufarnabieva5@gmail.com
Author-Workplace-Name: Department of International Tourism and Economy, Kokand University, Kokand, Fergana, Uzbekistan
Author-Name: Sabirov, Khamid
Author-Name-First: Khamid
Author-Name-Last: Sabirov
Author-Email: hamidsabirov18@gmail.com
Author-Workplace-Name: Department of Economics, Urgench Ranch University of Technology, Urgench 220100, Uzbekistan
Author-Name: Rajabov, Nazirjon
Author-Name-First: Nazirjon
Author-Name-Last: Rajabov
Author-Email: n.rajabov@afu.uz
Author-Workplace-Name: Department of International Scientific Journals and Ratings, Alfraganus University, Tashkent, Uzbekistan
Author-Name: Ruzmetova, Maxbuba
Author-Name-First: Maxbuba
Author-Name-Last: Ruzmetova
Author-Email: mahbubaruzmetovauz@gmail.com
Author-Workplace-Name: Department of Business and Management, Urgench State University, Urgench, Uzbekistan
Title: Unveiling the Role of ESG in Ensuring Low-Carbon Energy Transition
Abstract: Currently, the position of ESG in energy transition is becoming one of the hot research topics in the academia. In this context, this work studies the impact of ESG on low-carbon energy risk in the panel of 148 nations over the period 2000-2023. As an econometric tool, Method of Moments Quantile Regression is employed which is robust method for heteroscedasticity. The estimations reveal that the promotion of ESG reduces low-carbon energy risk across all the quantiles from 10% to 90%. Furthermore, sub-dimension tests are conducted using environmental, social and governance indices of ESG separately. They also show the negative impact on low-carbon energy risk. Overall, the findings are aligned with both theoretical and economic linkages.
Keywords: Environmental, Social, and Governance, Low-Carbon Energy Risk, Method of Moments Quantile Regression
Journal: International Journal of Energy Economics and Policy
Pages: 391-397
Volume: 15
Issue: 6
Year: 2025
Month: 10
DOI: 10.32479/ijeep.21720
File-URL: https://econjournals.com/index.php/ijeep/article/download/21720/9349
File-Format: application/pdf
Handle: RePEc:eco:journ2:v:15:y:2025:i:6:id:21720