Volume 5: Proceedings of 11th International Conference on Applied Energy, Part 4, Sweden, 2019

Role of Renewable Energy and FDI in Poverty Alleviation Among Rural Chinese Areas: Future Challenges and Policy Implications Anam Azam, Muhammad Shafique, Muhammad Rafiq, Jiahai Yuan, Luo Xiaowei

Abstract

Energy is vital in modern society and almost in every production process for sustainable economic growth. China is developing country and poverty is always higher especially in rural areas. The study examines the relationship between renewable energy (RE), as whole & by sources solar, wind, geothermal, foreign direct investment (FDI) and poverty alleviation (PA) for sustainable economic development in China. Ordinary Leas Square OLS and Fully Modified OLS methods are use in this study. The results found that there is long run relationship between variables and increase in investment and renewable energy sources production to reduce the poverty. Poverty causes lack of income and production resources, poor infrastructure, inequality and social discrimination. China first needed to overcome these issues for poverty alleviation for sustainable economic development.

Keywords renewable energy resources, FDI, Poverty alleviation, Sustainable development goals

Copyright ©
Energy Proceedings