India has moved up two places to rank 76th on a global energy transition index among 115 economics.
Rank is being given on the basis of how well they are able to balance energy security and access with environmental sustainability and affordability.
Sweden remains on the top on this annual list compiled by Geneva-based World Economic Forum (WEF) and is followed by Switzerland and Norway in the top three, as per its latest report released on Monday. While India has scored low in terms of system performance (ranking 97 and 86, respectively), it ranks considerably higher when it comes to readiness (45 and 61, respectively). Overall, India has moved up two places from 78th last year.
It said India is amongst the countries with high pollution levels and has a relatively high CO2 intensity in its energy system.
“Despite this, India has made significant strides to improve energy access in recent years, and currently scores well in the area of regulation and political commitment towards energy transition,” the WEF said.