Energy Transition, Green Growth and Fiscal Sustainability: A Systematic Review
Youssef AZIZI, Mohammed OUDRHIRI SAFIANI
Abstract. This article examines how energy transition and green growth policies affect public finance sustainability through a systematic review. Using the PRISMA framework, 125 records from Scopus and Web of Science were screened; after removing 8 duplicates and excluding 105 records, only 12 articles were fully assessed, yielding a final sample of 9 peer reviewed studies published mainly after 2015. The evidence is structured around three channels: debt restructuring tools (notably debt for climate swaps and ITMOs under Article 6), green fiscal reforms that reallocate spending toward social and environmental priorities, and green finance instruments such as green bonds and climate funds, often evaluated in multi country and multi city samples exceeding 4 000 observations. Overall, the review finds that well designed energy transition policies can jointly support decarbonization and debt sustainability, provided that institutional quality, governance safeguards, and the additionality of green financial flows are ensured.
Keywords
Energy Transition, Green Growth, Fiscal Sustainability, Public Debt, Budget Deficit, Green Finance
Published online 4/25/2026, 8 pages
Copyright © 2026 by the author(s)
Published under license by Materials Research Forum LLC., Millersville PA, USA
Citation: Youssef AZIZI, Mohammed OUDRHIRI SAFIANI, Energy Transition, Green Growth and Fiscal Sustainability: A Systematic Review, Materials Research Proceedings, Vol. 64, pp 1056-1063, 2026
DOI: https://doi.org/10.21741/9781644904091-131
The article was published as article 131 of the book Energy Futures
Content from this work may be used under the terms of the Creative Commons Attribution 3.0 license. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.
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