India has been ranked at 74th position on the Global ‘Energy Transition Index’ by the World Economic Forum (WEF). India has moved up two positions with improvements on all key parameters of economic growth, energy security and environmental sustainability. India is one of the few countries in the world to have made consistent year-on-year progress since 2015.
Sweden has topped the “Energy Transition Index (ETI)”. Switzerland and Finland are on 2nd and 3rd rank respectively.
About “Energy Transition Index (ETI)”:
The “Energy Transition Index (ETI)” is a fact-based ranking intended to enable policy-makers and businesses to plot the course for a successful energy transition. The index benchmarks 115 economies on the current performance of their energy systems across economic development and growth, environmental sustainability, and energy security and access indicators- and their readiness for transition to secure, sustainable, affordable, and inclusive energy systems.
Important takeaways for all competitive exams:
- The founder and Chairman of WEF: Klaus Schwab.
- WEF Headquarters: Geneva, Switzerland.