India ranks 67th on WEF's Energy Transition Index

India ranks 67th on WEF's Energy Transition Index

Daily Current Affairs / India ranks 67th on WEF's Energy Transition Index

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Category : International Published on: July 05 2023

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The World Economic Forum (WEF) published a report titled 'Fostering Effective Energy Transition 2023' which ranked 120 countries on the basis of energy transition.
In this ranking, WEF has placed India at 67th position (a jump of 20 places) globally in the Energy Transition Index (ETI). Because in the year 2021, India was at 87th position among 115 countries.
India and Singapore (70th) are the only major economies showing transition momentum by advancing sustainability, energy security and equity in a balanced way, according to the report titled ‘Fostering Effective Energy Transition 2023’.
According to WEF, India is the only major economy where the pace of energy transition is accelerating in all dimensions.
Sweden topped the list and was followed by Denmark, Norway, Finland and Switzerland in the top five on the list of 120 countries.
The Paris Agreement, signed 2015 to beat climate change, aims to keep the global temperature rise this century below 2 degrees Celsius, and to further limit the increase to 1.5 degrees Celsius.

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