Thursday, 22 April, 2021 - 10:15
Saudi Arabia leads the region in environmental sustainability (Asharq Al-Awsat) Geneva - Asharq Al-Awsat
Saudi Arabia has successfully jumped five places to rank 81st in the global Energy Transition Index (ETI), according to the latest edition of the World Economic Forum s Fostering Effective Energy Transition 2021 report published on Wednesday.
Scaling the performance of energy systems in 115 economies, the report stressed that “as countries continue their progress in transitioning to clean energy, it is critical to root the transition in economic, political and social practices to ensure progress is irreversible.”
It is worth noting that the ETI benchmarks energy systems across the three dimensions of the energy triangle: economic development and growth, environmental sustainability, and energy security and access indicators – and their readiness to transition to secure,
Resilience Needed to Jump Start Final Stages of Energy Transition, Study Finds
As countries continue their progress in transitioning to clean energy, it is critical to root the transition in economic, political and social practices to ensure progress is irreversible, according to the latest edition of World Economic Forum’s Fostering Effective Energy Transition 2021 report published today.
In its 10th edition, the report, published in collaboration with Accenture, draws on insights from the Energy Transition Index (ETI) 2021. The index benchmarks 115 countries on the current performance of their energy systems across the three dimensions of the energy triangle: economic development and growth, environmental sustainability, and energy security and access indicators – and their readiness to transition to secure, sustainable, affordable, and inclusive energy systems. This year’s report uses a revised ETI methodology, which takes into account recent changes in the global energy l
SA scores badly in WEFâs Energy Transition Index
By Dineo Faku
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JOHANNESBURG - SOUTH Africa was ranked 110 out of 115 countries in the World Economic Forumâs Energy Transition Index (ETI) published this week reflecting the slow progress towards a sustainable and affordable energy system.
The 2021 edition of the report, titled Fostering Effective Energy Transition, ranked 115 countries according to their readiness for a just transition based on economic development and growth, energy security as well as environmental sustainability.
The term just transition is commonly defined as the move towards an environmentally sustainable economy while contributing to the goals of decent work for all, social inclusion and the eradication of poverty.
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20 April 2021 22:58 GMT Updated 20 April 2021 22:58 GMT
Progress over the past decade toward a global renewables-powered energy system is set to accelerate rapidly in the coming decades with eight of the world’s ten largest economies now pledging net zero emissions by 2050, the World Economic Forum (WEF) has concluded in its annual Energy Transition Index (ETI).
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But WEF’s yearly score-card – which cross-calculates economic development, environmental sustainability and energy security to determine how far nations have shifted away from fossil fuel-driven economy – also showed only 10% of countries having made “steady and consistent” gains since 2011 in the three key indicators.