Climate Change Scare and FDI Migration

Does foreign direct investment (FDI) migration into Nigeria and Sierra Leone generate a climate change scare (CCS) based on the pollution haven-halo hypothesis? The quasi-experimental design study utilized data from world development indicator, 1970-2019 using nonlinear autoregressive distributed lag (NARDL) model to estimate dynamic impact of FDI CO2 emissions (a proxy for CCS). found that in causes upward emissions. positive emission implies haven hypothesis exists Leone. Comparatively, caused mixed result an increase decrease Nigeria. Similarly, Also, Wald F-test suggests long-run asymmetry symmetry between Nigeria, respectively. Hence, there is presence halo-haven issue study, therefore, recommends green financing supports environment-friendly technology export would enable optimal control both short- long-term. Thus, efficiently improves environmental quality, preserves, protects ecosystem should be imported