Facts for Prelims (FFP)
Source: IE
Context: India has been ranked 67th globally on the World Economic Forum’s Energy Transition Index, making it the only major economy with accelerating energy transition momentum across all dimensions.
- The top five countries on the list are Sweden, Denmark, Norway, Finland, and Switzerland.
The report highlighted India’s achievements in reducing energy and carbon intensity, achieving universal energy access, and managing electricity affordability. India also fared relatively well during the recent energy crisis due to a low share of natural gas in power generation and increased use of existing capacities.
- Singapore was the only other major economy showing momentum in sustainability, energy security, and equity.
