OIL & GAS

‘Give up Subsidy’ of India among top 9 Energy Policy Lighthouses of World

Give up Subsidy’ campaign along with its subsidiary schemes for ensuring cooking fuel access in India has been recognized among the top nine policies of the world in the area of the energy transition by the World Economic Forum (WEF).

In a recent report, titled “Energy Policy Lighthouses of World: The Little Green Book”, the WEF has also selected successful policies from China, Brazil, the USA, the UK, the European Union, Canada and other countries of the world.

“This “little green book” offers a sample of sound policy experiences – policy lighthouses that can guide countries and markets towards new destinations. Like lighthouses, these examples are reliably visible from a distance even when little else – few other models of good policy design – are evident on the horizon. In compiling this list, we have benefitted from experiences around the world that are reflected in the network of the World Economic Forum’s Global Future Council on Energy,” said the World Economic Forum.

Also Read : India Coal Imports Rise In November After Three Months Of Decline

The policies have been selected based on four criteria – implementable, accountable, impactful and scalable. “Future work from our team within the World Economic Forum’s Global Future Council will expand the list, refine the criteria and offer a more detailed assessment that allows for comparisons,” Added the report.

This is the first time WEF has come up with a list of successful policy models in the areas of the energy transition.

Source
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