The recent Sustainable Development Goals (SDG) 2022 progress report shows the presence of a possible policy lacuna at the global level in achieving the objectives of SDG 7. The recent COP26 discourse and the academic literature identify the Energy Transition as the possible mean to achieve this objective. Now, realizing the Energy Transition requires a conducive policy climate within the economies, and this conduciveness comes from the financial, technological, and the broad policy dimensions. The existing policy discourse and academic literature show that the Green Financing, Green Technologies, and the Environmental Policies might be the possible drivers to achieve this Energy Transition. Nevertheless, the exposure of a nation to the Geopolitical Risks arising out of the global connectedness of nations might be a detriment to the energy transition process. Increase in the risk profiles and decline in the attractiveness of the energy transition projects might create a roadblock for the policy drivers of energy transition to exert their potential impacts. The present study aims at developing a policy framework by analyzing the dynamic association between the energy transition and its drivers, while allowing Geopolitical Risk to moderate the association. The study is conducted for January 1, 2016 to October 31, 2022, and has used a battery of advanced econometric methods (Quantile Vector Autoregression, Cross-Quantilogram, Wavelet Quantile Correlation, and Non-Parametric Granger-Causality tests). The results show that Green Financing, Green Technologies, and the Environmental Policies have positive impacts on Energy Transition, while Geopolitical Risk is found to have negative impact. The policy framework is designed in a phase-wise manner, so that the impacts of the Geopolitical Risk can be isolated, and the positive impacts of Energy Transition drivers can be maximized. The policy framework is made by keeping the attainment of SDG 7 in its core.

最近的可持续发展目标 (SDG) 2022 进度报告显示，在实现可持续发展目标 7 的目标方面，全球层面可能存在政策空白。最近的 COP26 讨论和学术文献将能源转型确定为实现这一目标的可能手段客观的。现在，实现能源转型需要经济体内有利的政策环境，而这种有利性来自金融、技术和广泛的政策层面。现有的政策论述和学术文献表明，绿色融资、绿色技术和环境政策可能是实现能源转型的可能驱动力。尽管如此，一个国家面临因国家间的全球联系而产生的地缘政治风险可能会损害能源转型进程。能源转型项目风险状况的增加和吸引力的下降可能会阻碍能源转型的政策驱动因素发挥其潜在影响。本研究旨在通过分析能源转型及其驱动因素之间的动态关联来制定政策框架，同时允许地缘政治风险缓和该关联。该研究于 2016 年 1 月 1 日至 2022 年 10 月 31 日进行，并使用了一系列先进的计量经济学方法（分位数向量自回归、交叉数量图、小波分位数相关和非参数格兰杰因果检验）。结果表明，绿色金融，绿色技术和环境政策对能源转型有积极影响，而地缘政治风险被发现有负面影响。政策框架以阶段性方式设计，以便隔离地缘政治风险的影响，并最大限度地发挥能源转型驱动因素的积极影响。政策框架是以实现可持续发展目标 7 为核心制定的。