- The World Economic Forum has released the Energy Transition Index.
- India has been ranked 63rd in the global Energy Transition Index.
- Sweden tops the index, while Denmark, Finland, Switzerland and France are in the top five in the index.
- In the report, 107 out of 120 countries demonstrated progress in the energy transition journey over the last decade.
- In the last decade, populous countries like India and China showed an 8% improvement in the Energy Transition Index.
- With an annual investment of about $10 billion, India is driving the adoption of electric vehicles (EVs) and the production of green hydrogen.
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Economics