Saudi Arabia Jumps Five Places in Global Energy Transition Index

Saudi Arabia Jumps Five Places in Global Energy Transition Index

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, sustainable, affordable, and inclusive energy systems.

Saudi Arabia's advancement can be traced back to the Kingdom witnessing a decade of very positive and stable performance.

In the report, the Kingdom leads its Arab neighbors in the area of energy access, security and institutional governance.

More so, it was found that Saudi Arabia has many opportunities for reaching a more positive, greener and more sustainable energy transition. They are mostly present in field of environmental sustainability.

Reducing energy intensity and carbon emissions through expanding renewable energy resources will aid the Kingdom in