Comparative analysis of energy efficiency and poverty reduction

This research makes a relevant panel data analysis to explore the relationship between energy efficiency, renewable energy adoption and poverty reduction across Latin America, especially focus on Latin America, and contrast by Brazil, Chile and Mexico, from 2000 to 2022. This is principally for the regional socio-economic inequalities and vulnerabilities due to environmental challenges, for that reason understanding how energy policies can influence poverty is relevant for developing successful strategies to support sustainable development and social equity. Moreover, using a fixed effects model, this study explores and observe how macroeconomic factors such as GDP, energy consumption, CO2 emissions, and public investment in renewable energy can impact poverty levels in the region and in the three countries analyzed. Furthermore, the model integrates regional dummies to capture the single effects within each country. The outcomes show significant differences in how energy efficiency and economic variables can influences poverty rates across the region, highlighting the meaning of suited energy and poverty policies. In conclusion, this research underscores the relevant role of energy policies in sustainable development and poverty mitigation in Latin America.