Fostering Effective Energy Transition 2022

On 11th May, 2022, the World Economic Forum released a report titled – ‘Fostering Effective Energy Transition 2022’.

  • It says energy transition must address the challenges to environmental sustainability, energy security and energy justice and affordability.

Key Findings

Transition not in Pace with Climate Urgency

  • The energy transition is not keeping pace with the growing climate urgency.
  • High energy prices, risks of energy supply shortages, and soaring demand for fossil fuels are simultaneously challenging energy affordability, energy security and access, and sustainability.

Need for Holistic Approach

  • A holistic approach is needed that delivers concurrently on the three transition imperatives ....
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