Morocco has consolidated its leading position in the field of energy transition among Maghreb countries, rising to 65th place in the latest global ranking published by the World Economic Forum.
According to the index “ Promoting Effective Energy Transition 2024“, Tunisia ranked 89th, Algeria took 91st place, while Libya and Mauritania were absent from this ranking.
In the Middle East and North Africa region, Morocco stands out by ranking fifth, ahead of Qatar in 50th place, the United Arab Emirates in 52nd place, Saudi Arabia in 58th place and the Sultanate of Oman in 62nd place.
This index evaluates 120 countries on energy system performance criteria, taking into account equity, sustainability, security and the capacity of these countries to accelerate the energy transition.
The report highlights an overall slowdown in the world’s energy transition, attributed to economic fluctuations, increased geopolitical tensions and technological changes.
Scandinavian countries dominate the top ten spots in the rankings, with Sweden, Denmark, Finland, Switzerland, France, Norway, Iceland, Austria, Estonia and the Netherlands topping the list .
Germany ranked 11th, the United Kingdom 12th, China 17th, the United States 19th and Italy 41st. The index evaluates countries on various criteria, including legal and regulatory frameworks, infrastructure, innovation and education, human capital, as well as financial aspects and investments.
The report notes that “ the Middle East, North Africa and Pakistan region saw its position decline due to sustainability challenges“. Despite the strong potential of solar energy and the successes of some countries, this region continues to show the highest energy consumption rates and a lag in the integration of renewable energy compared to other regions.
Jordan ranked 73rd, Lebanon 85th, Bahrain 103rd, Kuwait 104th and Yemen 119th, just ahead of Democratic Republic of Congo which closes the rankings.
The Energy Transition Index reveals that, despite notable progress in energy efficiency and adoption of clean energy sources, the momentum of the transition has been hampered by setbacks in energy equity, due to the rise in energy prices in recent years. Energy security also continues to face challenges due to geopolitical risks.
