Morocco occupies 66th place worldwide out of 115 countries in the 2021 ranking on the energy transition index, losing 15 places compared to the last ranking. The Energy Transition Index measures the current level of performance of the energy system in 115 countries around the world.
According to the World Economic Forum (WEF), the kingdom has achieved 57% in the field of energy transition. Regarding the sub-indicators, it scores 64.9% in terms of energy system performance and 48.7% in the readiness index for a safe and sustainable energy transition.
In the MENA region, Morocco is overtaken by Qatar, the leading pack in the region and the United Arab Emirates. However, it overtakes Jordan and the Sultanate of Oman by 8 points. In the Maghreb, the kingdom retains its supremacy ahead of Algeria (79th world rank) and Tunisia (88th). Mauritania and Libya are missing from the ranking. On the African continent, the kingdom is in fourth place, behind Ghana (56th), Namibia (59th) and Kenya (61st). Globally, Sweden still ranks first. It is followed by Norway, Denmark, Switzerland and Australia respectively. In contrast, Venezuela, Lebanon and Mongolia occupy the last places.
After identifying three major essential elements supposed to boost energy resilience, WEF in its 2021 report calls on States to “accelerate progress towards the transition and halve emissions by 2030 to stay on track and achieve objective of the Paris Agreement”.
The WEF report therefore recommends expanding the scope of renewable energy sources and increasing public and private sector investment in clean energy. The World Economic Forum said it was disappointed that there are still large funding gaps, especially in emerging markets.