“…In the last decade, green growth indices, which use composite indices to assess, rank, and compare complex multidimensional concepts that are not immediately measurable, have gained popularity (OECD & JRC, 2008; Becker et al, 2017, 2022). Prominent international organizations developed a plethora of green growth index as sustainable development indicators (Acosta et al, 2019; AfDB, 2014; GGKP, 2013; Jha et al, 2018; OECD, 2017a, 2023; PAGE, 2017; Tamanini & Valenciano, 2016; UNESCAP, 2013; World Bank, 2012). Others introduced a green growth‐ranking system for countries based on their capacity to competitively export intricate green products (Mealy & Teytelboym, 2022); gauged the green growth productivity gap utilizing the Sustainable Society Index (Luukkanen et al, 2019); devised a ranking system and evaluation methodology for green growth indicators in the manufacturing sector by integrating the Combined Compromise Solution (Alrasheedi et al, 2021); monitored the transition toward green growth in developing countries using a set of distinct indicators (Kararach et al, 2018); and evaluated policy‐relevant key indicators crucial to the advancement of green growth (Lyytimäki et al, 2018).…”