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Analyzing the existence of waste Kuznets for BRICS nations. Evidence from panel data analysis

Student name: Ms Rupali Gupta
Guide: Dr Sukanya Das
Year of completion: 2022

Abstract:

The goal of this research is to look at the link between per capita GDP and Methane (CH4) emissions from solid waste treatment as a pollutant of the environment in the BRICS countries. As per the United Nations Framework Convention on Climate Change (UNFCCC), stabilization of CH4 is important to tackle the climate change problem. CH4 emissions have harmful consequences not only on the environment but it does affect humans, and living mortals at a local, regional, and global scale. Improved municipal solid waste management is crucial for reducing difficulties related with local waste pollution and switching CH4 emissions to CO2 emissions via energy producing facilities. For SCP patterns in developing and developed nations, the hierarchy of waste management recommends reject, reduction, reuse, recycle, and recovery. There is no convincing evidence that industrialized countries, notably the BRICS, are transitioning to SCP patterns. To generate empirical evidence for BRICS nations, current analyses leverage the Environmental Kuznets Curve (EKC) concluding an inverted U-shaped curve between economic development and environmental pollution. It uses a panel data analysis approach to look at per capita GDP and per capita methane emissions from solid waste for these nations between 1991 and 2018. It also identifies the socio-economic indicators that may have an effect on waste-economy relationship. The analysis shows that the classic EKC hypothesis holds true for BRICS countries. among per capita CH4 emissions and per capita GDP, it also discovered an inverted N-shaped curve.

Keywords: EKC, WKC, methane emission from waste, economic growth, BRICS.