Images: Getty Images Contents Foreword 3 Executive summary 4 1 Introduction 6 2 Framework 8 3 Overall results 11 3.1 Transition scores 13 3.2 Transition momentum 15 4 Sub-index and dimension trends 19 4.1 System performance 20 4.2 Transition readiness 30 4.3 A closer look at innovation 31 5 Conclusion 33 6 Country performance pro昀椀les 34 Appendices 61 A1 Methodology 61 A2 Country ETI score evolution, 2014-2023 62 Contributors 64 Endnotes 66 Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The 昀椀ndings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2023 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. Fostering Effective Energy Transition: 2023 Edition 2