Renewable energy, non-renewable energy and sustainable development

The purpose of the present study is to analyse the effects of renewable energy and non-renewable energy on sustainable development. This study is pioneering in this respect because it analyses the effect of renewable energy on adjusted net savings, which is a good sustainable development variable. For this purpose, the data of 40 developed and 73 developing countries were included. According to the estimation results obtained in the study, renewable energy has a positive and statistically significant effect on sustainable development both in developed countries and in developing countries. The impact of renewable energy on sustainable development is greater than the impact of non-renewable energy. In this…