The report shows that Sweden, Finland, and Denmark have retained the top three positions in the global ranking. India has moved up two places to reach 70th position, marking one of the fastest improvements globally in energy transition readiness. The gains are attributed to rapid expansion in infrastructure, improvements in equity, sustainability, and increased financial investments.
The report highlights a significant expansion in low-carbon employment in India. In 2024, the share of jobs linked to low-carbon sectors increased by 24 percent. Employment in the renewable energy sector rose by 25 percent compared to 2023, reaching 1.3 million jobs, with hydropower identified as the largest source of employment within the sector.
India’s clean energy strategy is driven by the expansion of renewable energy capacity, strengthening of the electricity grid, and a growing focus on green hydrogen development. These policy directions have contributed to the country’s improved performance in global energy transition preparedness.
At a broader level, the report notes that the global energy system is becoming increasingly fragmented and security-oriented, as countries attempt to balance sustainability, affordability, and resilience. Emerging economies accounted for nearly 80 percent of the increase in global energy demand, while continuing to face structural challenges such as high financing costs and infrastructure deficits.
The report underscores that while global momentum in energy transition readiness has weakened, India’s consistent improvements reflect a significant shift in its energy
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