An “encouraging” number of developing countries are implementing strong sustainable energy policies, but many nations in sub-Saharan Africa still lag far behind, according to a new report from the World Bank.
The survey also found both developed and developing countries are failing to take advantage of opportunities to reduce their carbon footprints by instituting energy efficiency measures.
Mexico, China, Turkey, India, Vietnam, Brazil and South Africa are among the top performers when it comes to supportive sustainable energy policy environments, according to the World Bank’s new RISE (Regulatory Indicators for Sustainable Energy) project. The report ranked 111 countries based on their power sector policy and regulatory frameworks across three areas: energy access, energy efficiency and renewable energy.