Greening the Planet: Navigating Carbon Accounting for Sustaining Food Security in Sub-Saharan Africa

Wisdom Okere; Oluwafemi S. Enilolobo; Chibuzo Ajulu Okeke; Bibiana Njogo; Lukmon Ademola Adeyemi; Olufemi Olugbenga Soyinka

doi:10.22452/IJIE.vol17no3.1

Greening the Planet: Navigating Carbon Accounting for Sustaining Food Security in Sub-Saharan Africa

Authors

Wisdom Okere Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.
Oluwafemi S. Enilolobo Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.
Chibuzo Ajulu Okeke Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.
Bibiana Njogo Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.
Lukmon Ademola Adeyemi Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.
Olufemi Olugbenga Soyinka Department of Economics, Accounting and Finance, Bells University of Technology, Ota, Ogun, Nigeria.

DOI:

https://doi.org/10.22452/IJIE.vol17no3.1

Keywords:

Carbon accounting, Climate change, Economic development, Environmental taxation, Food security

Abstract

This study seeks to investigate the effect of carbon accounting on food security
in Sub-Saharan African nations. This study employs an ex-post facto research design,
with secondary data obtained from several sources for 14 out of 48 Sub-Saharan African
nations, spanning the years 2001 to 2019. The data were analysed using descriptive
(descriptive statistics and correlation) and inferential (Panel GMM) statistics. The
empirical evidence revealed that carbon emissions exerted a positive but insignificant
effect on the food security of Sub-Saharan African nations. Also, environmental tax
exerted a negative but insignificant effect on the food security of these countries. The
study recommends that appropriate legislative measures and policies should be put in
place to ensure environmentally friendly practices in the selected Sub-Saharan Africa
countries.

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Published

2025-07-01

How to Cite

Wisdom Okere, Oluwafemi S. Enilolobo, Chibuzo Ajulu Okeke, Bibiana Njogo, Lukmon Ademola Adeyemi, & Olufemi Olugbenga Soyinka. (2025). Greening the Planet: Navigating Carbon Accounting for Sustaining Food Security in Sub-Saharan Africa. Institutions and Economies, 17(3), 1–26. https://doi.org/10.22452/IJIE.vol17no3.1

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Issue

Volume 17, Issue 3 (2025)

Section

Articles

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