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Human Capital Development, Foreign Investment, and Renewable Energy: Pathways to Environmental Sustainability in BRICS Economies

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Observational analysis reveals that human capital and renewable energy lower CO₂ emissions in BRICS, implying necessary policy shifts.

Human capital and renewable energy significantly reduce CO₂ emissions, promoting environmental sustainability.
Foreign direct investment and GDP growth lead to increased CO₂ emissions, suggesting risks to environmental quality.
Using the DCCE estimator, this analysis spans BRICS countries from 2000 to 2023, accounting for varying conditions.
Aligning economic growth with sustainability goals is essential for long-term ecological resilience in these economies.

Farooq et al. (2025) studied this question.

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