Exploring the nonlinear relationship among financial development, human capital and CO emissions: a comparative study of South and East Asian emerging economies.

Despite worldwide commitments to reduce fossil fuel consumption in favour of alternative energies, several countries still rely on carbon-intensive sources to meet their energy demands. The previous studies show inconsistent results on the association between financial development and CO emissions. As a result, the impact of financial development, human capital, economic growth and energy efficiency on CO emission is evaluated here.