Enhancing environmental performance: evidence from SAARC Countries

This paper examines the influence of population density, economic growth, and regulatory quality on the environmental performance of five SAARC countries from 2000 to 2020. To this end, fixed and random effects models are used. Quantitative data on socio-economic and environmental characteristics reveals notable differences across countries. The results show a significant positive and negative impact of the covariates economic growth and population density, respectively, on environmental performance. While the estimated coefficient of the regulatory quality variable was positive, it was statistically insignificant. The results also suggest a significant inter-country dependency and a significant change in environmental performance across countries over time. Based on the results, several strategic approaches are proposed at both individual and multi-country settings. Furthermore, we emphasize the roles of the government, international and regional agencies, private sector, and civil society organizations. Finally, possible extensions of the present paper are discussed.