After a decade of progress, the global energy transition has plateaued amid the global energy crisis and geopolitical volatilities, according to the World Economic Forum's Fostering Effective Energy Transition 2023 report. The Energy Transition Index, which benchmarks 120 countries on their current energy system performance and on the readiness of their enabling environment, finds that while there has been broad progress on clean, sustainable energy, there are emerging challenges to the equity of the transition – just, affordable access to energy and sustained economic development – due to countries shifting their focus to energy security.

This report discusses the key findings from the Energy Transition Index 2021. This 10th-anniversary report is the opportunity to reflect and ask the question of whether the energy transition is resilient and if the momentum is sufficient.

The world’s energy transition has made slow and steady progress over the past five years, but the COVID-19 crisis risks derailing long-term progress. Will recovery and the shifting global energy order shape new opportunities for picking up the pace?