Uruguay fell in a ranking of the countries best prepared for the energy transition

Uruguay fell in a ranking of the countries best prepared for the energy transition

The study prepared annually by the World Economic Forum is led by Sweden and has only 2 nations in the region in the Top 30.

Photo: Freepik

Uruguay fell in the ranking periodically prepared by the World Economic Forum (WEF) about which countries are best prepared for the energy transition what is needed to counteract the climate change.

Despite the government’s efforts in the matter and the growth of the wind power In recent years, the country fell 10 places in the ranking of the WEF, after ranking 33rd in the world with 60.8 points, a decline from the 33rd place obtained in 2023, with 63.6 points.

When analyzing the best-placed nations at the regional level, Brazil appears as the first of Latin America, ranking 12th worldwide, with 65.7 points, followed by Chili, twentieth with 63.9 points. Much further back it appears Costa Rica, in 30th position, with 61.3 points.

Behind them are placed Colombia (35º), Paraguay (42nd), The Savior (46th), Peru (47th) and Panama (51st), while Mexico occupies a discreet 57th place, while in the lower half of the classification of 120 countries appear Bolivia (66th), Ecuador (74th), Argentina (82nd) ​​and Venezuela (95º).

At a global level, those who rule the table are the Nordic countries, since Sweden leads with 78.4 points, followed by Denmark (75.2 points) and Finland (74.5 points), completing the podium.

The energy transition slows down

At a general level, the WEF indicated that the energy transition is advancing, but lost momentum due to “the “Growing global uncertainty” When considering factors such as “the economic volatility, the crescents geopolitical tensions and technological changes”.

The report highlights that last year 1.8 trillion dollars were invested in transition to clean energies, a record figure that represented an increase of 17% compared to the previous year, although the sector’s emissions continued to grow, 1.1% year-on-year.

Regarding the region, the scores TSI (Energy Transition Index) increased by just 3% in the last decade, despite leading in the dimension of sustainability, largely due to the dependence on hydroelectric power and the expansion in solar and wind energy.

However, the countries of Latin America and the Caribbean experienced a 70% decrease in investment in renewable energy. In addition, education and human capital and the innovation environment fell by 5% and 9%, respectively.

Source: Ambito

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