TY - JOUR
T1 - Global climate policy effectiveness
T2 - A panel data analysis
AU - Zheng, Saina
AU - Pu, Yanru
AU - Lu, Hongfang
AU - Zhang, Janus Jian
AU - Wang, Dong
AU - Ma, Xin
N1 - Funding Information:
The work described in the current paper was supported by a grant entitled from the National Natural Science Foundation of China (Grant No. 7210041240 ), Jiangsu Province Natural Science Foundation (Grant No. BK20210266 ) and Ministry of Education (Grant No. 21YJCZH242 ) and Jiangsu Innovation, Entrepreneurship Talent Program (Grant No. JSSCBS20210149 ) and Fundamental Research Funds for the Central Universities (Grant No. 2242022R10148 ). The authors would like to thank anonymous reviewers and questionnaire survey exercises.
Publisher Copyright:
© 2023
PY - 2023/8/1
Y1 - 2023/8/1
N2 - The global energy landscape is experiencing substantial transformations, and the energy policies of various countries are also evolving under the influence of economic development and climate change mitigation. The Policies and Measures Database of the International Energy Agency assembles over 7000 pieces of information on energy policy from around the world and classifies them into four categories based on their objectives: addressing climate change policy, renewable energy policy, energy efficiency policy, and building energy efficiency policy. This paper aims to analyze the status quo of global energy policy development from these four aspects and examine the effectiveness of both aggregate and individual instruments utilizing an econometric model based on panel data analysis. Moreover, this paper analyzes the energy policy paths of six leading countries and compares the effectiveness of their policies. The results revealed that global climate policy plays a significant role in reducing carbon emission, while the performance of policies varies among different countries. Based on these findings, this paper provides reference for policymakers to formulate energy policies aligned with global and domestic requirements.
AB - The global energy landscape is experiencing substantial transformations, and the energy policies of various countries are also evolving under the influence of economic development and climate change mitigation. The Policies and Measures Database of the International Energy Agency assembles over 7000 pieces of information on energy policy from around the world and classifies them into four categories based on their objectives: addressing climate change policy, renewable energy policy, energy efficiency policy, and building energy efficiency policy. This paper aims to analyze the status quo of global energy policy development from these four aspects and examine the effectiveness of both aggregate and individual instruments utilizing an econometric model based on panel data analysis. Moreover, this paper analyzes the energy policy paths of six leading countries and compares the effectiveness of their policies. The results revealed that global climate policy plays a significant role in reducing carbon emission, while the performance of policies varies among different countries. Based on these findings, this paper provides reference for policymakers to formulate energy policies aligned with global and domestic requirements.
KW - Global climate policy
KW - Panel data analysis
KW - Policy effectiveness
KW - Policy inventory
UR - http://www.scopus.com/inward/record.url?scp=85157987329&partnerID=8YFLogxK
U2 - 10.1016/j.jclepro.2023.137321
DO - 10.1016/j.jclepro.2023.137321
M3 - Journal article
SN - 0959-6526
VL - 412
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
M1 - 137321
ER -
