Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 52, P. 101330 - 101330

Published: Feb. 28, 2024

The Paris Agreement and COP27 have been actively working towards a transition to clean energy (SDG-7) the restoration of green environment (SDG-13). Therefore, this study was situated within comprehensive policy framework. This aims investigate effects environmental governance economic complexity on in 20 OECD countries selected for analysis from 1990 2021. employs novel MMQR model account slope heterogeneity cross-sectional dependency. Additionally, an asymmetric conducted examine mediating moderating roles geopolitical risk relationship between governance, complexity, transition. primary findings indicate that (1) stimulating effect at different levels quantiles. Strict policies played critical role energy. Furthermore, interaction factors negatively impacts various quantiles; (2) demonstrates positive association with transition, as high possess necessary resources, capabilities, resilience effectively address challenges seize opportunities associated transitioning cleaner more sustainable sources. However, geopolitics transforms influence into negative nonparametric panel Granger causality test establishes significant causal relationship, revealing can support by creating favorable adoption, fostering innovation, facilitating effective planning implementation, enhancing resilience, promoting international collaboration.

Language: Английский