Exploring the key role of education in achieving green growth: evidence from group of seven countries

Given the detrimental environmental impacts of anthropogenic activities, achieving a higher green growth is inevitable for the whole world. Therefore, this study examines the role of education to enhance green growth in G7 nations (USA, UK, Germany, Italy, France, Canada, and Japan) while controlling the impact of capital, trade, and FDI. To proceed for regression estimations, unit root tests confirm the stationarity of all variables at first difference, while Westerlund cointegration test shows the existence of cointegration. Findings from the augmented mean group (AMG) method reveal that education capital, and trade have a favorable influence on green growth while FDI has an adverse linkage with green growth. Based on empirical outcomes, the study provides policy suggestions for G7 economies to achieve SDG-4 (quality education), SDG-8 (decent work and economic growth), and SDG-13 (climate action). The study suggests G7 economies to implement eco-friendly trade and investment policies, enhancing education, and incentivize sustainable production to improve green growth and meet SDGs.