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March 26, 2026Renewable energy focusOpen Access

Unlocking energy access: unravelling the role of financial institutions development in alleviating energy poverty in South Asia

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Authors

AWAmbepitiya Wijethunga Gamage Champa Nilanthi WijethungaMRMohammad Mafizur RahmanTSTapan Sarker

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Overview

Exploratory study finds financial institutions development helps alleviate energy poverty in South Asia, indicating potential policy solutions.

Key Points

  • This research examines how the development of financial institutions impacts energy poverty in South Asia.
  • Dynamic panel Autoregressive Distributed Lag (PMG) approach
  • Data from seven South Asian countries
  • Time period covered: 2000 to 2022
  • Financial institutions development significantly alleviates energy poverty in the long run
  • Short run effect of financial institutions development is insignificant
  • Enhanced energy infrastructure and fewer political barriers reduce energy poverty
  • Higher income levels and rising energy costs worsen energy poverty
  • Energy costs show a lagged adverse effect over time.

Cite This Study

Wijethunga et al. (2026) studied this question.

synapsesocial.com/papers/69c4cc02fdc3bde448917690https://doi.org/10.1016/j.ref.2026.100848
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The dynamic impact of financial intermediary services, institutional quality, and environmental taxation on energy poverty in South Asia: The mediating role of renewable energy penetration2026
  2. 2Energy poverty and developments in finance, economic complexity and economic conditions2024 · 12 citations
  3. 3Effect of Financial Inclusion, Energy Efficiency, and Human Capital on Energy Poverty in Developing Countries2025
  4. 4Investigating the impact of financial inclusion and institutional performance on energy poverty in developing economies2025
  5. 5THE FINANCIAL DEVELOPMENT, INSTITUTIONS, AND POVERTY REDUCTION: EMPIRICAL EVIDENCE FROM SOUTH ASIAN COUNTRIES2024 · 4 citations