Bangladesh has ranked 109th on the global Energy Transition Index (ETI) 2024, which has assessed the performance of 120 countries on their current energy systems and transition-readiness.
According to the report titled "Fostering Effective Energy Transition" released by the Geneva-based World Economic Forum (WEF) on 19 June, the country has gone up slightly from 111th on last year's index thanks to an improvement in System Performance score.
We must make sure competition can take place in the energy sector to ensure that demand can be met with supply.
Energy system performance measures countries' current energy systems, with a focus on balancing equity, environmental sustainability and energy security.
In this category, Bangladesh scored 60.8, which is higher than last year's 59.8.
Transition readiness is split into two groups: core enablers and enabling factors. Core enablers include regulations and political commitment, and finance and investment. Enabling factors include innovation, infrastructure, and education and human capital.
The country's score in this category fell to 25.6 from last year's 26.1.
