Sustainable and Climate Resilient Agriculture in G7 Economies: Analyzing the Role of Climate Change, Renewable Energy Investments, Area Under Greenhouse and Chemical Fertilizer Consumption on Agricultural Productivity

ABSTRACT Achieving ecological and economic equilibrium has become a major policy issue within contemporary sustainable development transition. As a result, advanced industrial economies, such as the G7, have prioritized systematic policy changes to ensure balance between economic and environmental equilibrium. Within such discussion, the current research extends the sustainable development policy debate within the agriculture sector by analyzing the empirical association between area under greenhouses, chemical fertilizer consumption, climate change, renewable energy (RE) investments and agricultural economic growth. For empirical investigation, the current study has utilized CS‐ARDL, Driscoll–Kraay, panels corrected standard error (PCSE), AMG and CCEMG econometric strategies to determine that agricultural area under greenhouses and RE investments contribute to agricultural economic growth, whereas climate change and chemical fertilizer consumption have the opposite impact. To improve sustainable development practices within the agricultural sector, the current study proposes that G7 policymakers must focus on the reliability and durability of RE resources, green financing and technological advancements to reshape agricultural productivity and environmental sustainability in agriculture.