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World in one of the most severe energy crises since 1970s, says WEF

The war in Ukraine, as well as the pandemic and the quick economic rebound in its aftermath, significantly disrupted energy transition efforts.

World in one of the most severe energy crises since 1970s: WEF

WEF called for urgent action by both private and public actors to ensure a resilient transition. . Read more at straitstimes.com.

Urgent action needed to ensure a resilient energy transition

Urgent action needed to ensure a resilient energy transition
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Net-zero emissions by 2050 not possible without industries contribution: WEF 2022 report

Fostering Effective Energy Transition 2022

This special edition report on global energy transition builds on the trends from the Energy Transition Index to provide perspective on the current challenges and recommendations on how to navigate the transition through a turbulent macroeconomic and geopolitical environment. A series of compounded shocks pose short-term risks to energy affordability, sustainability, and energy security. However, the window to prevent the worst consequences of climate change is closing fast, and the transition must be supercharged by ramping up clean energy investments, raising policy ambitions, and transforming consumer and industrial energy consumption.

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