Toward Understanding Renewable Energy and Sustainable Development in Developing and Developed Economies: A Review

Abstract

In recent years, there has been an upsurge of studies on sustainable development. The majority of research focuses on developed countries and issues that are incompatible with developing nations. This study addresses a gap in the literature by reviewing the research on developed and developing economies, as well as their social and environmental boundaries, under the renewable energy and sustainable development (RESD) nexus. It also explores how RESD may be applied in extreme situations such as population increase, energy supply disruptions, and transportation shortfalls. The fundamental contribution of this paper is to provide detailed debate from the perspective of economic growth hypotheses and their relationship with energy usage and renewable energy solutions for sustainable growth and development.