Green Finance, Energy Transition and Governance Quality: A Structural Framework for Sustainable Development in Emerging and OECD Economies
This paper develops a structural framework integrating energy-intensive growth, renewable energy transition, environmental taxation, green bonds, corruption control, and AI-enabled policy modelling as determinants of sustainable development. Drawing exclusively on recent empirical and theoretical contributions in energy economics, sustainable finance, governance studies and policy modelling, the study proposes a multidimensional model linking renewable energy adoption, open market conditions, environmental fiscal instruments, and financial innovation to long-term sustainable growth.
Building upon evidence from developing countries, OECD economies, and G7 nations, the article synthesizes findings on energy transition pathways, corruption and domestic savings, green bond resilience during market turmoil, and AI-enhanced policy modelling. The proposed framework demonstrates that sustainable development is contingent not only upon renewable energy penetration but also upon governance quality, institutional transparency, and financial market sophistication.
The paper concludes with policy implications for emerging and advanced economies aiming to accelerate energy transition while ensuring financial stability and inclusive economic growth.
Keywords: green finance, renewable energy, environmental taxation, corruption, governance, AI policy modelling, sustainable development
