Balancing Demographic Changes and Carbon Mitigation in Aging Society: A Study of China’s Sustainable Environment Development

Abstract

This study examines the implication of China’s demographic change on its sustainable environment development. The focus is on the environmental implication of aging population (population above 65). The aging population and other population structure in China have a disaggregated impact on its carbon mitigation goal. Hence, the need to investigate and explain the impact of different population structure on China’s carbon mitigation goal. China’s time series and secondary data for the period between 1979 and 2021 were used to test its environment performance under the interaction of carbon emissions with different composition of China’s population structures. In line with the China’s climate agenda, it is necessary to evaluate the drivers of its carbon emission on the basis of disaggregated pattern of its population structure, and draw a road map on how to improve its environment quality. The study selects and applied the following variables for empirical analysis of the topic; population above 65, urban population, income (GDP), renewable energy, and investment (FDI). To estimate the strength of connection amongst these factors, we employ the dynamic autoregrssive distributed lag (DARDL) methodology for the analysis of the short and long-run relationships. Additional tests (fully modified ordinary least square -FMOLS and causality methods) were applied as robustness tests to the main test. Results from both estimations revealed that population above 65 and renewable energy are reducing carbon emissions, while economic growth, urban population and FDI are increasing carbon emissions. China can achieve its carbon goal by framing its climate policy around renewable energy

Presenters

Edmund Ntom Udemba
Professor and Deputy Director of Low-carbon Economics Research Center, Shanxi Technology and Business College, Shanxi, China

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Economic and Demographic Perspectives on Aging

KEYWORDS

Demographic Change, Aging Population, Urban Population, Renewable Energy, China Sustainable