Abstract:
Purpose
The objective of this study is to observe the effect Foreign Direct Investment (FDI), Export,
natural deposits (NR) and economic growth (GDP) have on ecological footprints (EF) and
C02 respectively using multiple regression model. Environmental degradation is becoming a
diseases and poor surroundings. (Rayner, global threat leading to health problems,
1997). Developed nations are complying with the standards but unfortunately, developing
economies have no concern towards this serious matter, therefore conducting this research in
severe
developing economy like Pakistan can highlight the significance and give an insight on
control and contribute towards the optimization of ecofriendly environment. The
environment, that can facilitate
how to
research investigates the effect economic factors has on
researcher and academician to gain knowledge on the alarming global concern and take
counteractive steps to sustain and control the exploitation of atmosphere and natural deposits.
falls under ecological deficits (100%-150%), consuming additional capitals as
can renew. C02 emission causes environmental
Pakistan
compared to the capacity their ecosystems
degradation and is considered an important indicator to measure the ecological deprivation.
the environmental composition of C02 and further Experts suggest it is probable in case
supposed greenhouse gases (GHGs) remains escalating, the world’s temperature may turn out
to be warmer (Richard Schmalensee, 1998). . The energy sector or industry includes
the exploration and development of oil or gas reserves, oil and gas companies involved in
drilling, and refining. Oil and gas exploration received FDI of 570 million US$ and
contributes 46 percent to overall emission (Greenhouse Gas Emissions Factsheet: Pakistan,
2016).