Abstract

• Myanmar has the greatest potential for renewable energy generation while non-renewable energy still dominates the total energy mix in the country. The study examines the effect of economic growth, renewable energy consumption, internationalization, urbanization, and value-added industry on environmental quality of Myanmar over the period between 1990 and 2020 by applying multiple regression analysis. The result found that an increase in GDP per capita and an increase in renewable energy consumption improve the environmental quality of Myanmar due to reduction in CO2 emission. Increasing value-added industry and net inflow of foreign direct investment worsen the environmental quality as a result of increasing CO2 emission. The findings of this study revealed that renewable energy consumption significantly contributes to the improvement in environmental quality of Myanmar. The study recommended that it should encourage the consumption of clean energy sources in order to improve environmental quality in Myanmar and thereby leading to green growth and green economy and achieve SDGs.