Investigating the Relationship among Tourism, Economic Growth and CO₂ Emissions for G20 Countries

DOI

10.2991/978-94-6463-872-1_31How to use a DOI?

Keywords

Tourism; Sustainability; Environmental Degradation; Renewable Energy; Carbon Emissions; Panel Data; Economic Growth; DOLS technique; G20

Abstract

Tourism, an important economic activity for any nation, contributes significantly to GDP, particularly fast tourism, which means mass travelling and short-duration trips. As tourism expands, it necessitates the expansion of infrastructure, which requires energy consumption at a higher level leading to a rise in carbon footprints and environmental degradation. These difficulties hinder long-term livelihoods by increasing access to energy market volatility and insecurity as well as global supply chain interruptions, thereby impeding progress in achieving a Net Zero goal by 2050 in G20 countries, which currently account for 80% of global carbon emissions. Hence, understanding the connection between economic sectors and CO₂ emissions becomes important. The study analyses the long-term relationship among tourism, population growth, economic growth, renewable energy and CO₂ emissions by using Dynamic Ordinary Least Square (DOLS) in panel data analysis for G20 countries from 1990 to 2021, covering key global scenarios such as global financial crisis of 2008 and covid-19, to take the cross-sectional dependence into consideration. Further, the study concludes that tourism positively influences the economy’s growth and promotes carbon emissions. Thus, it provides insight into maintaining economic growth and environmental sustainability by shifting towards renewable energy. Finally, the study suggests fostering low carbon emission development in G20 nations.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Pooja Mehra
AU  - Muskan Kataria
AU  - Namita Kapoor
AU  - Bidisha Banerji
PY  - 2025
DA  - 2025/11/04
TI  - Investigating the Relationship among Tourism, Economic Growth and CO₂ Emissions for G20 Countries
BT  - Proceedings of the 2nd International Conference on Sustainable Business Practices and Innovative Models (ICSBPIM-2025)
PB  - Atlantis Press
SP  - 478
EP  - 495
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-872-1_31
DO  - 10.2991/978-94-6463-872-1_31
ID  - Mehra2025
ER  -