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Dynamics of Carbon Emissions and Green Economy in ASEAN-4: Analysis of Causality and Government Commitments

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Analysis reveals economic growth, industrialization drive carbon emissions in ASEAN-4, indicating the need for government sustainability commitments.

Economic growth and industrialization significantly drive carbon emissions, impacting sustainability efforts in ASEAN-4 countries.
Government commitments to sustainability are shown to reduce emissions over time, although their effects may be delayed.
The Panel Vector Error Correction Model was used to capture short- and long-term dynamics of carbon emissions and economic factors.
Integration of Sustainable Development Goals indicators into budgeting processes is crucial for fostering a green economy.

Herman Cahyo Diartho (2025) studied this question.

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Analysis reveals economic growth, industrialization drive carbon emissions in ASEAN-4, indicating the need for government sustainability commitments.