WEF released Global Energy Architecture Performance Index Report 2017
The Global Energy Architecture Performance Index Report 2017 advised countries to enable the energy transition with adaptable and co-designed policies.
The World Economic Forum (WEF) on 22 March 2017 released the Global Energy Architecture Performance Index (EAPI) Report 2017. The index ranked 127 countries on their ability to deliver secure, affordable and sustainable energy.
In the report, while Switzerland occupied the top spot, India was placed in the 87th position.
Highlights of the Report
• Top performers come in all shapes and sizes: While many of this year’s top performers tend to be smaller countries, both in size of gross domestic product and population, and typically have advanced economies, a significant number of countries do not fit this mould.
• European countries dominate the leader board: As in previous years, countries from Europe continue to hold many of the top 20 ranks on the EAPI. Colombia (8th), New Zealand (9th), Uruguay (10th) and Costa Rica (14th), which figured in the top 20, are the only exceptions.
• The world’s biggest energy consumers are being outperformed: Major energy consumers of the world, both in the developed and developing world, continue to struggle to take leading positions on the EAPI.
• For instance, China (95th), India (87th), Japan (45th), the Russian Federation (48th) and the United States (52nd) have either slipped or experienced only marginal gains in the rankings since the EAPI 2009.
• Since last year, the top 20 highest-performing countries have achieved twice the average increase in EAPI score compared to that of all other countries.
• At the end of the report, the WEF suggested countries across the world to prepare and execute long-term policy framework for the energy sector.