The World Economic Forum today released the Global Energy Architecture Performance Index Report 2014 prepared in collaboration with Accenture. Norway topped the Index rankings, followed by New Zealand and France.
The top ten is dominated by EU and OECD countries with the exception of Costa Rica and Colombia.
According to the report, as much as 41 per cent of energy supply in the top ten countries comes from low carbon energy sources, compared to a global average of 28 per cent.
Meanwhile, the performance of BRICS countries (Brazil, Russia, India, China and South Africa) was impacted by the prevalence of energy- and emission-intensive industries.
Brazil ranked 21st is the top performer in this cluster, followed by Russia (ranked 28th), South Africa (54), India (69) and China was placed as low as 85 on the list.
"China, the world's largest energy consumer, has successfully increased access to energy for its population but continues to struggle with rising energy imports and pollution levels," the report said.
The predominance of coal in the energy mix of India, China and South Africa defines the scores of these countries across emission-related indicators, the report said.
Barring India and South Africa, energy access across BRICS is high.
"India is the lowest performer within the BRICS cluster, with only 75 per cent access to modern energy. This equates to 293 million people lacking access to modern energy, compared to 4 million in China," the report said.
However, in response to growing environmental concerns, both China and India have set a range of targets to reduce the energy intensity of their economies and improve their climate metrics.
India has plans to reduce carbon-intensity by 20-25 per cent by 2020. To achieve these targets without hindering growth, BRICS countries need to realise opportunities to balance the imperatives of the energy triangle.