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India ranked 67th in Energy Transition Index

by Blitz India Media
June 28, 2023
in News
weforum

Photo credit: weforum

Team Blitz India

NEW DELHI: The World Economic Forum on June 28,gave India the 67th place globally on its Energy Transition Index and said it is the only major economy with energy transition momentum accelerating across 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.

Releasing the report published in collaboration with Accenture, the WEF said the global energy transition has plateaued amid the global energy crisis and geopolitical volatilities, but India is among the few countries that have made significant improvements..]

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“India is the only major economy with energy transition momentum accelerating across the Energy Transition Index’s equitable, secure and sustainable dimensions,” the WEF said in its release.

“For example, despite continued economic growth, India has successfully reduced the energy intensity of its economy and the carbon intensity of its energy mix, while achieving universal energy access and effectively managing affordability of electricity,” the WEF added.

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