DUBAI — The Gulf Cooperation Council (GCC) states are making strides in their energy transition journey, as highlighted by the 2024 World Economic Forum (WEF) Energy Transition Index (ETI).
The annual report released in mid-June, “Fostering Effective Energy Transition 2024,” assesses the progress and preparedness of 120 countries toward an equitable, secure and sustainable energy future.
Advanced economies were the top ETI performers, with Sweden, Denmark, Finland, Switzerland and France leading the rankings, respectively.
WEF noted that…