Green Official Development Aid, Concessional External Debt and Green Growth in East African Community Countries

According to United Nations (2023), green growth can be measured through Gross National Domestic Product which can be achieved by deducting environmental emissions and degradation from the GDP growth. The carbon emissions (CO2), emission damage (EmD), energy depletion (EnD), natural forest depletion (NfD) and mineral depletion (MD) were used in the current study to derive GNDP as a percentage of GDP growth. GNDP as a percentage of GDP growth was used as the dependent variable while Green Official Development Aid (GODA) and external concessional debt (CoD) were the independent variables for the study. GODA data was extracted from the Organization for Economic Co-operation and Development (OECD) Credit Reporting System database. External concessional debt data was extracted from the World Bank data base. Control variables for the study include debt service for external debt, inflation, real interest rate and corruption estimate all extracted from the World Bank database. The data analyzed was from1980 to 2022 for six East African Community (EAC) states, Democratic Republic of Congo (DRC), Kenya, Burundi, Tanzania, Rwanda, and Uganda. Attached is the analyzed data set using the Stata 15 software.