Fostering Effective Energy Transition Report, 2024
On 19th June, 2024, the World Economic Forum (WEF) released the ‘Fostering Effective Energy Transition 2024’ report.
Major Findings
Energy Equity
- Energy security continues to be tested, energy equity has gone into reverse and sustainability shows a gradual improvement over the past three years.
Geopolitical Tensions
- Geopolitical tensions continue to test energy security, yet there are positive signs that countries are successfully mitigating most risks. Equity has faced a setback in the past three years driven by increased energy prices and fossil fuel subsidies.
Transition Readiness
- Transition readiness has progressed significantly, driven by regulations and political commitment, education ....
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