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. 2022 Oct 17:1–16. Online ahead of print. doi: 10.1007/s10668-022-02709-5

Table 2.

Description of variables

Variable Measure
Environment degradation CO2 emissions CO2 emissions (metric tons per capita)a
Green finance Green finance Public Investments on Renewable Energy (2019 million USD)b
Controls Income GDP per capita (current USD)a
Population Population density (people per sq. km of land area)a
Urbanisation Urban population (% of total population)a
Trade openness Imports + exports of goods and services (% of GDP)a

Source: aWorld Development Indicator; bThe international Renewable Energy Agency (IRENA) Public Finance Database