India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy security and environmental sustainability.
India showed improvements in all key parameters of economic growth, energy security, and environmental sustainability.
In WEF rankings, Sweden topped for a third consecutive year in the ETI. It is followed by Switzerland and Finland in the second and third positions respectively.
The 2020 results showed that 75% of countries have improved their environmental sustainability.
India has gained from a government-mandated renewable energy expansion programme, which has now extended to 275 GW by 2027.
As per the report, India has made significant strides in energy efficiency through bulk procurement of LED bulbs, smart meters, and programs for labelling of appliances. India is also experimenting with similar measures to drive down the costs of electric vehicles (EV).
India’s improvement has come in economic development and growth, energy access and security, and environmental sustainability.
