India ranks 63rd on Energy Transition Index, Sweden on top: WEF

India ranks 63rd on Energy Transition Index, Sweden on top: WEF

Daily Current Affairs / India ranks 63rd on Energy Transition Index, Sweden on top: WEF

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Category : Miscellaneous Published on: June 21 2024

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India has been ranked 63rd on a global Energy Transition Index released on June 19 by the World Economic Forum.
European nations dominated the top ranks with Sweden topping the index, followed by Denmark, Finland, Switzerland and France in the top five. China was ranked 20th.
The report highlights the critical role of India and China in the global energy transition. Together, these countries account for approximately one-third of the global population and their policies and progress significantly impact the global energy landscape. China has been ranked 20th on the Index.
The WEF report notes that 107 out of 120 countries have made progress in their energy transition over the past decade.
However, the overall pace has slowed due to economic volatility, geopolitical tensions, and technological shifts.

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