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All Journal JAE (Jurnal Akuntansi dan Ekonomi) Management Studies and Entrepreneurship Journal (MSEJ) International Journal Of Economics Social And Technology Co-Creation : Jurnal Ilmiah Ekonomi Manajemen Akuntansi dan Bisnis PERMANA : Jurnal Perpajakan, Manajemen, dan Akuntansi Asian Journal of Applied Education Indo-Fintech Intellectuals: Journal of Economics and Business Jurnal Bisnis dan Ekonomi
Puji Wahono
Universitas Negeri Jakarta
Humanities Automotive Engineering Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Mathematics Social Sciences Other

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Resource-Based View Model in Sustainable Development: The Role of New Renewable Energy Potential and Green Investment on Environmental Performance in Indonesia A Agung Feinnudin; Puji Wahono; Sri Indah Nikensari
Asian Journal of Applied Education (AJAE) Vol. 5 No. 4 (2026): October 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajae.v5i4.17336

Abstract

Indonesia possesses abundant renewable and non-renewable energy resources, whose utilization and investment play important roles in economic growth and environmental performance. This study applies the Resource-Based View (RBV) to examine renewable energy potential, fossil energy consumption, Foreign Direct Investment (FDI), and Domestic Investment as strategic resources influencing greenhouse gas (GHG) emissions. The findings indicate that renewable energy potential improves environmental performance by reducing GHG emissions and dependence on fossil fuels, whereas fossil energy consumption adversely affects environmental quality due to its high carbon intensity. FDI and Domestic Investment can support environmental improvement when directed toward clean energy, technological innovation, and low-carbon development. From an RBV perspective, effectively managed energy and investment resources can strengthen environmental performance and support sustainable development advantages.
Co-Authors A Agung Feinnudin Amazya Ravista Augustriandi Augustriandi Ayu Fatmawati Ayu Monaputri Christian Wiradendi Wolor Deandra Muhammad Wisnuputra Elita Eradika Widianingrum Faradilla Kusumaningrum H Herlitah Hendrian Hendrian Indra Pahala Muhammad Ihsan Nila Aristiani Widyasari Nindya Nurul Hanifah Nur Malikha Ulfah Purwana E.S., Dedi Rhofitania Rhofitania Rita Friana Saparuddin Saparuddin Sri Indah Nikensari Virnalici Virnalici Yureza Rian Wibowo