RESUMEN
The use of renewable energy as a fuel source and expansion of forest areas are the best ways for reducing CO2 emissions. This study aims to examine the effects of forest plantation area, renewable energies, real gross domestic product (GDP), and technological innovation on CO2 emissions in 9 regions of New Zealand between 2006 and 2019. For this purpose, it employs a pooled mean group methodology. Investigating the regional impacts of various variables, especially the forest area, on CO2 emissions is the main contribution of this study. The results suggest that planted forest areas can reduce CO2 emissions in the long run, but its impact in the short run is not significant. Non-renewable energy consumption is the major contributor to CO2 emissions in both the short and long run. While technological innovation and renewable energy consumption appear effective in reducing carbon emissions in the short term, they still contribute to increased CO2 emissions in the long term. At the regional level, we found that the forest plantation areas in Manawatu-Whanganui and Gisborne are important regions for reducing CO2 emissions. By taking account of these results, New Zealand should take swift action to properly manage and increase the current level of forest areas and if applicable expand them. It also needs to improve the current level of use of renewable energy to achieve its abatement goals.