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Beyond Regulatory Compliance: A Framework for Evaluating Green Transition Strategies in Emerging and Renewable-Rich Economies

In: Economic Resilience and Sustainability - Vol. 2

Author

Listed:
  • Yuhang Yang

    (European University Cyprus, Department of Accounting and Economics and Finance, School of Business Administration
    Qiqihar University)

  • Alexios Kythreotis

    (European University Cyprus, PEAK Innovation Center, School of Business Administration)

  • Lycourgos Hadhiphanis

    (European University Cyprus, Department of Marketing and Management, School of Business Administration)

  • Kyriakos Christofi

    (European University Cyprus, PEAK Innovation Center, School of Business Administration)

Abstract

This study develops a green transition assessment framework using factor analysis to evaluate green development performance in China and nine Southern European Mediterranean countries. Drawing on economic, environmental, and social indicators, it constructs a composite score model to rank countries based on their progress in the green transition. The analysis identifies key drivers such as industrial structure, renewable energy adoption, and technological investment. The findings reveal significant disparities among countries, shaped by resource endowments, policy effectiveness, and energy structures. Based on these insights, the study offers strategic recommendations for strengthening sustainability efforts through green finance, low-carbon technologies, and enhanced international cooperation. Ultimately, it aims to support informed policy-making and foster global collaboration toward a just and effective green transition that transcends mere regulatory compliance.

Suggested Citation

  • Yuhang Yang & Alexios Kythreotis & Lycourgos Hadhiphanis & Kyriakos Christofi, 2026. "Beyond Regulatory Compliance: A Framework for Evaluating Green Transition Strategies in Emerging and Renewable-Rich Economies," Springer Proceedings in Business and Economics, in: Abdylmenaf Bexheti & Veland Ramadani & Hyrije Abazi-Alili & Christina Theodoraki & Gadaf Rexhepi & B (ed.), Economic Resilience and Sustainability - Vol. 2, chapter 0, pages 193-210, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-04214-9_12
    DOI: 10.1007/978-3-032-04214-9_12
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