Biomass energy consumption and sustainable development

The purpose of this study is to analyze the impact of biomass energy consumption and non-renewable energy consumption on sustainable development in OECD countries. Data from 36 OECD member countries for the period 1990-2017 have been obtained with the System-GMM method. According to the estimation results, the effect of biomass energy consumption on per capita sustainable development is positive and statistically significant whereas the effect of non-renewable energy on sustainable development is negative. According to this, the use of biomass energy sources in these countries causes the level of per capita sustainable development to rise. OECD countries should prefer biomass energy instead of non-renewable energy sources to reach the 2030 SDGs. Thus, this study shows the importance of biomass energy for sustainable development.