Green Industrialization and Economic Growth: Assessing Pakistan’s Path to Sustainable Development
DOI:
https://doi.org/10.70670/sra.v3i1.297Keywords:
Green Industrial Practices, Economic Growth, Renewable Energy, Sustainability, Pakistan, GDP Growth, Environmental Policy, Job Creation, Energy Efficiency.Abstract
This research paper aims to analyze the impact of green industrialization on economic growth of Pakistan with especial reference to the challenges faced in green industrial sectors. By conducting an extensive analysis of relevant literature and cross-national case studies, we identify literature challenges to green programs and provide appropriate mitigation measures suitable for Pakistan economic environment. We assess the correlation between green policies, renewable energy production, and GDP growth using a comprehensive econometric model. Our findings demonstrate that the efficient use of green technology not only improves environmental sustainability but also promotes economic resilience. This study enhances the discussion on sustainability in emerging economies and offers practical insights for policymakers seeking to facilitate the transition to a greener economy.