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Abstract The purpose of this study is to investigate India's long-run equilibrium relationship between carbon emissions, financial development, energy consumption, urbanization and trade openness from 1960 to 2020. The analysis of the sources of carbon emissions by taking into account the role that financial growth and trade openness plays and using data from a single country is the most significant contribution that we have made to the existing body of research on Indian studies, using an updated dataset and methodology. According to the findings, there is evidence of long-term relationship between trade openness, financial development, urbanization, energy consumption and carbon emissions. Given that each of the variables has a positive association with the carbon emissions; this indicates that each of the variables contributes to environmental degradation, since they emit a significant amount of CO2 into the atmosphere, in the context of India over the time period of the study that was observed. According to the data presented, the functioning of the financial system ought to incorporate an awareness of its impact on the surrounding environment. The findings of this study could be of tremendous significance for those responsible for formulating policies and making decisions in the area of energy in India, particularly those that contribute to the reduction of carbon emissions while maintaining environmental integrity Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Esquivias, M. A., Hassan, O. ibni, & Sheikh, A. (2023). Evidence-based Examination of the Consequences of Financial Development on Environmental Degradation in the Indian Setting, Using the ARDL Model. International Journal of Energy Economics and Policy, 13(1), 281–290. https://doi.org/10.32479/ijeep.13800 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Abdul Rahim Ridzuan, Bayu Arie Fianto, Miguel Angel Esquivias, Vikniswari Vija Kumaran, Mohd Shahidan Shaari, Aliashim Albani, Do Financial Development and Trade Liberalization Influence Environmental Quality in Indonesia? Evidence-based on ARDL Model , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Abdul Rahim Ridzuan, Vikniswari Vija Kumaran, Bayu Arie Fianto, Mohd Shahidan Shaari, Miguel Angel Esquivias, Aliashim Albani, Reinvestigating the Presence of Environmental Kuznets Curve in Malaysia: The Role of Foreign Direct Investment , International Journal of Energy Economics and Policy: Vol. 12 No. 5 (2022) Ignatia Martha Hendrati, Unggul Heriqbaldi, Miguel Angel Esquivias, Bekti Setyorani, Ari Dwi Jayanti, Propagation of Economic Shocks from the United States, China, the European Union, and Japan to Selected Asian Economies: Does the Global Value Chain Matters? , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Aisha Sheikh, Owais Ibin Hassan, Impact of Economic Growth, Energy use and Research and Development Expenditure on Carbon Emissions: An Analysis of 29 OECD Countries , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Make a Submission Make a Submission Dergi Kapağı

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