Ensuring a resilient energy transition

Energy transition must address the challenges to environmental sustainability, energy security and energy justice and affordability.

According to the World Economic Forum’s report, Fostering Effective Energy Transition 2022, the urgency for countries to accelerate a holistic energy transition is reinforced by high fuel prices, commodities’ shortages, insufficient headway on achieving the climate goals and slow progress on energy justice and access It details out the state of the global energy transition that indicates an urgent action is required by both private and public sectors to ensure a resilient transition as the world faces the most severe energy crisis since the 1970s.

Advertising