The Role of Shariah Economics in Realizing Sustainable Development Based on Green Economy

Abstract

The Green Economy is an issue that has recently become a popular topic of discussion. This research aims to understand the role of Sharia economics in reducing carbon dioxide emissions and helping to achieve the Sustainable Development Goals (SDGs), particularly in the economic development pillar. The research variables are renewable energy sources, using samples of hydroelectricity and biofuel. The study examines how much these two variables influence the contribution of carbon dioxide emissions produced annually in Indonesia. A quantitative approach with descriptive explanation is the most suitable method for this research, supported by secondary data sources. Based on the t-statistic test, both hydroelectricity and biofuel variables do not have an impact on carbon dioxide emissions resulting from various activities. However, the F-test shows that both hydroelectricity and biofuel contribute to carbon dioxide emissions, although their contribution is only 1%. Green Economy is an issue that has started to be widely discussed and continuously voiced in the recent period. This study aims to determine the role of Islamic economics in reducing carbon dioxide emissions and helping to realize the goals of the SDGs, especially in the pillar of economic development. The variables of this study are renewable energy using hydroelectricity and biofuel samples. From these two variables, it is seen how much influence they have on the contribution of carbon dioxide emissions produced annually in Indonesia. Quantitative with descriptive explanation is the most suitable approach used in this study supported by secondary data sources. Based on the t-statistic test, the two hydroelectricity and biofuel variables have no effect on carbon dioxide emissions produced due to various activities. However, from the F test carried out, it can be seen that the hydroelectricity and biofuel variables both have a contribution to carbon dioxide emissions even though their contribution is only 1%.