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Powering Sustainable Development: The Role of Clean Energy in Transforming West Africa

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Listed:
  • Adebanjo, Adeleke Abdulyekini

    (Master's in Accounting and Finance, Cardiff Metropolitan University, Wales, United Kingdom)

  • Alao, Ajibola Akinyemi

    (Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun State, Nigeria)

  • Ambe, Cosmas

    (Faculty of Economics, Development and Business Sciences, University of Mpumalanga, Mbombela, South Africa)

  • Okere, Wisdom

    (Faculty of Economics, Development and Business Sciences, University of Mpumalanga, Mbombela, South Africa)

  • Emmanuel, Ajayi Olusuyi

    (Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun State, Nigeria)

  • Ogochukwu, Ezeudu Benedicta

    (Principal Librarian, Bells University of Technology, Ota, Ogun State, Nigeria)

  • Osariemen, Igbinosa Godwin

    (Department of Electrical, Electronic and Telecommunication Engineering, Bells University of Technology, Ota, Ogun State, Nigeria)

  • Oyinlola, Abiodun Adebola

    (Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun State, Nigeria)

Abstract

This study examined the impact of clean energy consumption on sustainable development in West Africa, drawing on Endogenous Growth Theory for the period from 2000 to 2023. Using panel methodology, the research analysed data from 16 West African countries, examining variables such as Electricity Consumption (EC), Air Quality Indicator (AQI), Foreign Direct Investment (FDI), and Gross Fixed Capital Formation (CF) on life expectancy (LEXP) and sustainable consumption and production (SCP). The findings showed that EC significantly positively affected LEXP and SCP, whereas AQI produced mixed results. FDI had a negative impact on SCP, mainly due to the pollution-heavy nature of some industries, while CF had limited effects on both LEXP and SCP. The study recommended expanding clean energy infrastructure, especially through renewable energy projects and rural electrification, to improve health outcomes and sustainability. It also called for stricter environmental regulations to ensure FDI supports sustainability goals, fostering both economic growth and environmental health.

Suggested Citation

  • Adebanjo, Adeleke Abdulyekini & Alao, Ajibola Akinyemi & Ambe, Cosmas & Okere, Wisdom & Emmanuel, Ajayi Olusuyi & Ogochukwu, Ezeudu Benedicta & Osariemen, Igbinosa Godwin & Oyinlola, Abiodun Adebola, 2025. "Powering Sustainable Development: The Role of Clean Energy in Transforming West Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 15(5), pages 473-479, August.
    • Handle: RePEc:eco:journ2:v:15:y:2025:i:5:id:19605
    DOI: 10.32479/ijeep.19605
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