DO REDUCING CARBON EMISSIONS LEAD TO SIGNIFICANT IMPACT? GREEN ECONOMY VS ECONOMIC GROWTH

Abstract

Since the introduction of green innovation policies, economic growth has been expected to align with a green environment. Therefore, reducing carbon emissions become a method considered capable of meeting this expectations. For these reason, the purpose of this research is to ensures that reducing carbon emissions can have an impact to green economy and economic growth. The data sample used in this research is data that collect from various source of the year 2017-2020. This research using a multiple linear regression analysis to examines the impact of implementation of reducing carbon emissions to green economy and economic growth. The results of this research, found that implementation of reducing carbon emission has positive, but have no significant correlation to green economy, it means that reducing carbon emissions have no ability to increase green economy. For examines reducing carbon emissions to economic growth, no impact was found. The result of examine the ability of reducing carbon emissions to increase green economy and economic growth in this research not match the expected result, that there has significant correlation between reducing carbon emissions to increase green economy and economic growth, or in other words reducing carbon emission is not able to increase green economy and economic growth.