WEF 2024 Report: Sweden Leads, India Ranked 63rd on Global Energy Transition Index

Tags: Reports INDEX

The World Economic Forum (WEF), in collaboration with Accenture, published its annual report titled "Fostering Effective Energy Transition 2024" on 19th June 2024.

An Overview of the News

  • According to the report, India has achieved the 63rd position on the global Energy Transition Index (ETI) 2024.

  • The report highlights that India has climbed 3 places from its 2023 rank of 67th, driven by notable enhancements in energy equity, security, and sustainability domains.

Top Countries on ETI 2024:

  • Sweden secured 1st place with an ETI score of 78.4.

  • Denmark followed at 2nd place with a score of 75.2.

  • Finland ranked 3rd with a score of 74.5.

Fastest Improving Countries (Last 5 Years):

  • Estonia, Ethiopia, and Lebanon identified as countries showing significant improvement.

About WEF:

  • Established: 1971

  • Founder: Prof. Klaus Schwab

  • Headquarters: Cologny, Geneva Canton, Switzerland

  • Managing Director: Saadia Zahidi

Important Points 

  • India ranked 3rd in Global Unicorn Index 2024
  • India ranked 159th in World Press Freedom Index 2024
  • India ranked 129th in Global Gender Gap Index 2024
  • India ranked 39th in WEF's Travel and Tourism Development Index 2024
  • India ranked 126th in World Happiness Report 2024

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