(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 20. Azerbaijan
progressed on legal and infrastructure issues to promote an
effective energy transition in 2023, Trend reports via the updated Energy Transition
Index (ETI) of the World Economic Forum (WEF).
Azerbaijan ranked 32-nd among 120 countries in the ETI focused
on energy security, sustainable development and improved
environmental conditions, thus marking a significant progress from
2022 through 2023 and leading among other CIS countries and even
many European countries.
The WEF document also reflects the progress of each of the 120
countries in 2014-2023, and Azerbaijan recorded a positive growth
of 10.27 points in the ETI during this period.
This WEF report is important due to the attitude of world
companies and international financial institutions to cooperation
with a particular country, and Azerbaijan's achievements in the ETI
ranking from the WEF are very important in this context.
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