Energy Transition Index 2020

2 min read

News: World Economic Forum(WEF) has released the annual rankings of the global Energy Transition Index.

Facts:

  • The Global Energy Transition index is an annual report that ranks 115 economies across:
    • Performance of their energy systems and
    • Transition readiness for a secure, sustainable affordable and inclusive energy system

Key Takeaways:

  • Top 3: Sweden topped the index followed by Switzerland and Finland.
  • India: It has moved up two positions to rank 74th.

Additional Facts:

World Economic Forum(WEF)

  • It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva,Switzerland.
  • Objective: To improve the state of the world by engaging business, political, academic and other leaders of society to shape global,regional and industry agendas.
  • Reports:
    • Global Competitiveness Report 
    • Global Gender Gap Report 
    • Global Risks Report and 
    • Global Travel and Tourism Report among others.