TITLE:
Renewable Energy Is an Essential Variable in Achieving Sustainable Development
AUTHORS:
Nagham Hussein Neama, Rasha H. Abbood, Karrar Azeez Al Daham
KEYWORDS:
Component, Formatting, Style, Styling
JOURNAL NAME:
Open Journal of Business and Management,
Vol.11 No.3,
May
23,
2023
ABSTRACT: Purpose: Accelerated life change due to globalization drives global organizations, and companies who are
interested in environments and their effects; to think deeply in renewable
energy and its importance, especially after many researches and studies that
related to the side effects of traditional sources of energy on societies and
nature as well. Design-Methodology-Approach: The current research aims
to investigate the importance of renewable energy and its contribution to
achieve sustainable development; the structure of this research divided into
four parts; started firstly with explanation of the main idioms of renewable
energy; secondly explanation of the main idioms that related to sustainable
development; and third one worked on finding the correlation between renewable
energy & sustainable development; while the fourth part tried to analyze
certain statistical numbers that reflect the consumption of renewable energy
due to different source of data. Findings: Most obvious results are
related to the positive role of renewable energy in achieving sustainable
development due to its role in recuring clean energy consumption at acceptable margin of prices. Research Limitations-Implications: Still there is a power resistance to understand this phenomenon, due
to the lack of knowledge of the important role of both renewable energy and
sustainable development, in addition to the lack of trust towards certain
governments especially in developing countries like Iraq. Practical Implications: Researchers depended only on describing the phenomena in general and tried
to build a virtual successful case if it is adopted positively in certain
community. Social Implications: Decreasing the side effects of using traditional
sources of energy especially after the international fear of climate
change as a result of increased emissions that announced recently in (COP 26). Originality-Value: It is a unique paper that dealt with this dynamic phenomenon especially for
Iraqi society who characterized as complicated one due to the power resistance
towards any change.