Global energy transition shows progress but faces mounting challenges - WEF

A NEW report from the World Economic Forum (WEF) has revealed encouraging advancements in the global energy landscape, marking significant strides towards secure, equitable, and sustainable energy sources.

- SIPHELELE DLUDLA

However, the momentum continues to be threatened by rising geopolitical tensions, investment shortfalls, and significant disparities in clean energy innovation and deployment, particularly in regions that need it most.

Titled the Fostering Effective Energy Transition 2025 report, this comprehensive study was conducted in collaboration with Accenture and examines the energy systems of 118 countries across a range of factors: security, sustainability, and equity.

Key insights indicate that 65% of these countries have improved their Energy Transition Index (ETI) scores, with 28% progressing uniformly across all three core dimensions.

"Energy systems are evolving at varying speeds," said Roberto Bocca, head of the Centre for Energy and Materials at WEF.

"We are seeing more holistic approaches and visible progress. It is encouraging that 28% of countries, including major energy consumers and producers like Brazil, China, the US and Nigeria, have advanced across multiple dimensions. Staying on track demands urgent investment in fast-growing emerging economies."