Open Journal of Business and Management

Volume 11, Issue 3 (May 2023)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

Renewable Energy Is an Essential Variable in Achieving Sustainable Development

HTML  XML Download Download as PDF (Size: 2176KB)  PP. 1116-1124  
DOI: 10.4236/ojbm.2023.113062    122 Downloads   598 Views  

ABSTRACT

Purpose: Accelerated life change due to globalization drives global organizations, and companies who are interested in environments and their effects; to think deeply in renewable energy and its importance, especially after many researches and studies that related to the side effects of traditional sources of energy on societies and nature as well. Design-Methodology-Approach: The current research aims to investigate the importance of renewable energy and its contribution to achieve sustainable development; the structure of this research divided into four parts; started firstly with explanation of the main idioms of renewable energy; secondly explanation of the main idioms that related to sustainable development; and third one worked on finding the correlation between renewable energy & sustainable development; while the fourth part tried to analyze certain statistical numbers that reflect the consumption of renewable energy due to different source of data. Findings: Most obvious results are related to the positive role of renewable energy in achieving sustainable development due to its role in recuring clean energy consumption at acceptable margin of prices. Research Limitations-Implications: Still there is a power resistance to understand this phenomenon, due to the lack of knowledge of the important role of both renewable energy and sustainable development, in addition to the lack of trust towards certain governments especially in developing countries like Iraq. Practical Implications: Researchers depended only on describing the phenomena in general and tried to build a virtual successful case if it is adopted positively in certain community. Social Implications: Decreasing the side effects of using traditional sources of energy especially after the international fear of climate change as a result of increased emissions that announced recently in (COP 26). Originality-Value: It is a unique paper that dealt with this dynamic phenomenon especially for Iraqi society who characterized as complicated one due to the power resistance towards any change.

Share and Cite:

Neama, N. , Abbood, R. and Daham, K. (2023) Renewable Energy Is an Essential Variable in Achieving Sustainable Development. Open Journal of Business and Management, 11, 1116-1124. doi: 10.4236/ojbm.2023.113062.

Cited by

No relevant information.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.