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There is a growing global concern about the challenges of sustainable development. Furthermore, these concerns are becoming increasingly prevalent in Bangladesh on a daily basis. This may be attributed to the escalating influx of remittances, the degradation of natural resources, and the potential adverse impacts of economic growth on the ecosystem. Thus, this research looks at how remittances (REM) and natural resources (NR) affect the ecological footprint (EFP) in Bangladesh by controlling economic growth (EG), renewable energy (REN), and urbanization (URB) from 1990 to 2021. The study utilizes the linear and non‐linear autoregressive distributed lag model to test the relationships between REM and NR on EFP. Positive and negative shocks to REM and NR have varied consequences on EFP, which suggests an asymmetric relationship. The findings reveal that the impact of the positive shock on NR is positive and significant. It implies that an increase in the positive shock of NR causes a rise in EFP. However, the impact of the negative shock on NR is negative but statistically insignificant. Likewise, negative shock in REM decreases the EFP by increasing ecological quality, while positive shock in REM does not significantly impact EFP. Similarly, REN and URB improve the environmental quality in Bangladesh while EG decreases. To meet sustainable development goals, policies can be designed for proficient and ecologically friendly types of energy. [ABSTRACT FROM AUTHOR]

Bangladesh, being the fastest growing economy in the South Asian region, necessitates a comprehensive study to evaluate the influence of various socio-economic factors. The primary objective of this study is to get a comprehensive understanding of the concept of sustainable development and its relationship to carbon emissions. This analysis will specifically consider the current status of economic and anthropogenic activities within the context of Bangladesh. This research examines the aforementioned matter by utilizing the latest accessible yearly data spanning from 1990 to 2020, as well as employing advanced econometric models including the dynamic autoregressive distributed lag approach and frequency domain causality test. The analysis of empirical data reveals that the economic growth experienced in Bangladesh has yielded a discernible and favorable influence on the degradation of the environment, in both the immediate and extended periods. Nevertheless, it is crucial to acknowledge that the observed impact holds no statistical significance. Furthermore, it is apparent that energy consumption has a substantial impact on the escalation of carbon emissions, in both the immediate and prolonged periods. Additionally, the processes of industrialization and foreign direct investment have also exerted adverse effects on short-term carbon emissions. A frequency domain causality test is used in this work to do a robustness analysis and confirm that there are causal links between economic growth, energy use, development, and carbon emissions over a range of time frames, such as the short, middle, and long terms. The above studies have given us a lot of useful information about how economic growth, energy use, industrialization, and environmental sustainability all affect each other in Bangladesh. Bangladesh should prioritize the formulation of policies and regulations that are centered around specific goals. These objectives include: (a) enhancing government engagement in activities related to environmental innovation, (b) integrating ecologically sustainable development targets by adopting renewable energy sources, and (c) devising strategies and initiatives to attract foreign direct investment, facilitate knowledge exchange, and promote energy-efficient manufacturing to stimulate economic growth. [ABSTRACT FROM AUTHOR]