Full report
Published: 19 June 2024

Fostering Effective Energy Transition 2024

4.1 Regional Insights

The concept of regional pathways has gained significant traction in international dialogue. While each nation has its unique requirements, there are noticeable similarities within geographical areas. Furthermore, there has been a rise in regional cooperation and agreements, with counties pooling resources, establishing interconnected energy grids, sharing gas facilities, forming trade pacts and engaging in various collaborative efforts. The key insights from this section offer a framework for identifying critical focal points for different regions.

The research is segmented into:

  • Emerging and developing regions/nations: Commonwealth of Independent States, emerging and developing Asia, Middle East, North Africa and Pakistan, Latin America and the Caribbean, and Sub-Saharan Africa
  • Advanced and developed economies: North America, Europe, Australia, New Zealand, Singapore, South Korea and Japan

It is crucial to acknowledge that while the advanced economies and emerging and developing nations groupings encompass a diverse range of countries, the analysis is cautiously prudent in identifying general trends. Additionally, the increasing importance of supporting emerging and developing nations is a key driver in conducting this analysis. Therefore, the insights presented are focused on areas where statistical differences are prominent and significant.

Figure 16: Region level Energy Transition Index ranking

Table 2: Region-level actions

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