Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia

Research Article

The Effect of New Renewable Energy Consumption, Gross Domestic Product, on CO2 Emissions through Green Investment as moderating in the Face of Climate Change

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  • @INPROCEEDINGS{10.4108/eai.21-9-2023.2345672,
        author={Nur  Khotimah and Chika  Lintang and Tika  Maidasari and Zainal Abidin Sahabuddin and Lukman Yudho Prakoso},
        title={The Effect of New Renewable Energy Consumption, Gross Domestic Product, on CO2 Emissions through Green Investment as moderating in the Face of Climate Change},
        proceedings={Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia},
        publisher={EAI},
        proceedings_a={ICONIC-RS},
        year={2024},
        month={6},
        keywords={co2 emissions climate change indonesia green investment renewable energy},
        doi={10.4108/eai.21-9-2023.2345672}
    }
    
  • Nur Khotimah
    Chika Lintang
    Tika Maidasari
    Zainal Abidin Sahabuddin
    Lukman Yudho Prakoso
    Year: 2024
    The Effect of New Renewable Energy Consumption, Gross Domestic Product, on CO2 Emissions through Green Investment as moderating in the Face of Climate Change
    ICONIC-RS
    EAI
    DOI: 10.4108/eai.21-9-2023.2345672
Nur Khotimah1,*, Chika Lintang1, Tika Maidasari1, Zainal Abidin Sahabuddin1, Lukman Yudho Prakoso1
  • 1: Universitas Pertahanan
*Contact email: nurkhot50@gmail.com

Abstract

Climate change is a fundamental issue that impacts extinction. On the other hand, in the 2016 Paris Agreement, Indonesia targets a 29% reduction in carbon dioxide (CO2) emissions by its own efforts (CM1) by 2030. Meanwhile, in that year, Indonesia's emissions are estimated to reach 2,869 million tons of CO2. Therefore, the utilisation of new and renewable energy (EBT) can accelerate and become a major contributor in reducing emissions. However, the problem of cost and minimal investment is an obstacle in the utilization of EBT. This study aims to determine the effect of new renewable energy consumption, and GDP on Co2 emissions through green investment as a moderator, using quantitative methods. The results showed that new renewable energy consumption, GDP had an effect, and green investment was able to moderate CO2 emissions in Indonesia.