The energy transition framework and the index support a call to action for policy-makers, businesses and society to improve the quality of life of their people by creating an enabling environment for effective energy transition.
Having all the enabling factors in place is not a trivial task and their establishment is sometimes a function of broader macroeconomic or political shifts. Moreover, stakeholders will need time to improve infrastructure gaps or address human capital challenges, as well as allocate resources to solve issues in areas like institution stability or market volatility.
However, stakeholders in all countries can create a vision for their energy transition, define actions and prioritize initiatives that maximize benefits for the overall system. The analytical framework and index can help them to identify good practice examples and construct an energy transition roadmap that effectively supports decision-making on a national level.