Sustainability on the Environmental Dimension of Sustainable Development in Algeria (2004-2023)

Abstract

This study sought to measure the impact of financial sustainability on sustainable development from its environmental dimension in Algeria during the period (2004-2023), relying on the Autoregressive Distributed Lag (ARDL) model.. The study concluded that there is a joint integration relationship between financial sustainability indicators and sustainable development from its environmental dimension (CO2) , The study also concluded that there is a significant effect in the short and long term, and that the error tolerance cointeq (-1) = 0.40 is statistically significant. This reflects the existence of a short-term equilibrium relationship between the study variables towards equilibrium in the long term, meaning that 40% of the error can occur in the short term and can be corrected in the long term, The study also concluded that financial sustainability is not achieved, which is reflected in the inability to reduce carbon dioxide (CO2) emissions.