The Philippines Ranks 67th in the Global Energy Transition Index
The World Economic Forum has just released the latest Energy Transition Index (ETI). This year's edition marks the 10th anniversary of the index.
According to the index, the world has witnessed an unprecedented rise when it comes to energy transition with renewable sources like wind and solar making important strides. Still, with the dramatic effects of climate change, the report has changed the methodology to reflect its urgency.
The ETI benchmarks the countries that are leading the transition to sustainable energy, including the resilience and efficiency of generation and transmission and progress to cleaner forms of energy. In total, the report benchmarked 115 countries in the world. Check out the top 10 countries below.
- Sweden - 79
- Norway - 77
- Denmark - 76
- Switzerland - 76
- Austria - 75
- Finland - 73
- United Kingdom - 72
- New Zealand - 71
- France - 71
- Iceland - 71
Sweden topped the ranking, followed by Norway, Denmark, Switzerland, and Austria. Meanwhile, the Philippines landed at 67th place with an ETI score of 57. Other countries with the same score were the United Arab Emirates, Vietnam, Morocco, China, and Sri Lanka.
One of the highlights from the index was that global average ETI scores increased in eight out of the last 10 years. Still, only 13 out of the 115 countries included made "steady gains" since the first edition of the report.
Don't forget to subscribe to the Esquire Philippines YouTube channel.