Italy has taken 'step back' on energy transition - WEF

(ANSA) - ROME, JUN 19 - Italy is among the countries where there has been a reversal in momentum on the transition towards sustainable, clean forms of energy, according to the World Economic Forum's Fostering Effective Energy Transition 2024 report.
    It said Italy came only 41st in its Energy Transition Index (ETI), which benchmarks 120 countries on their current energy system performance and on the readiness of their enabling environment, largely due to its heavy reliance on gas.
    "Several countries have experienced a reversal in energy transition momentum over the past three years, notably, the UK, Italy, Turkey, Angola and Kuwait," the report said.
    The report said that, at the international level, the energy transition is progressing but has lost momentum in the face of increasing global uncertainty.
    It said progress has been held back by setbacks in energy equity, driven by rising energy prices in recent years, while energy security also continues to be tested by geopolitical risks.
    Sweden leads the global rankings, followed by Denmark and Finland, while France has entered the top five performers.
    Major growing centers of demand like Brazil, China and India have made strong improvements on the ETI in recent years, the report said. (ANSA).