Strategy towards sustainable energy transition: The effect of environmental governance, economic complexity and geopolitics

The Paris Agreement and COP27 have been actively working towards a transition to clean energy (SDG-7) and the restoration of the green environment (SDG-13). Therefore, this study was situated within a comprehensive policy framework. This study aims to investigate the effects of environmental governance and economic complexity on energy transition in 20 OECD countries selected for analysis from 1990 to 2021. This study employs the novel MMQR model to account for slope heterogeneity and cross-sectional dependency. Additionally, an asymmetric analysis was conducted to examine the mediating and moderating roles of geopolitical risk in the relationship between environmental governance, economic complexity, and…