Industrialization Impact on Climate Change: An Examination of NICs

Abstract

This study aims at investigating the industrialization impact on environmental degradation in the newly industrialized countries (NICs). In order to measure climate change, the ecological footprint indicator is used. As GDPpc, energy use, and fossil fuel consumption are inextricably linked with industrialization, they are taken as the industrialization indicators. In addition to the industry level, also industry % of GDP is examined to determine the industrial structure of the countries. The study uses descriptive analysis to present the relationship between industrialization and climate change. The statistics show that energy use in NICs is at high levels, and fossil fuel consumption is dominant. Thus, the situation causes environmental degradation as these indicators act together. As the share of the NICs indicators has increased gradually over the years, the policies of these countries have significant importance. Therefore, they have to make urgent policies to transition to green economies. © 2023, IGI Global.