The World Economic Forum in collaboration with Accenture recently released its year 2026 edition of the Energy Transition Index “Energy Transition Index” (ETI). The ETI mainly aims at measuring the performance of energy systems and readiness for energy transition across 120 countries around the world. According to the report, 67 out of 120 countries managed to improve their scores in 2026, noting that the share of countries that managed to improve their scores across all three energy dimensions stood at 24%, indicating that the majority of countries failed to progress evenly in all three dimensions. The report stated that for the first time in over a decade, the supporting conditions that fuel future progress, policy, finance, innovation and infrastructure have deteriorated. The report commented however that global energy investments have attained $3.3 trillion in 2025, with renewables and nuclear energy generating 42% of electricity, and renewable energy capacity has expanded by around 800 gigawatts (GW). In this respect, the report stated that said improvements face mounting constraints, namely grid congestion, permits delays, underinvestment, and trade restrictions in late 2025 and early 2026 (affecting some $2.6 trillion of global commerce). In addition, the report mentioned that the disruption of energy flows through the Strait of Hormuz in 2026 shed light on the vulnerabilities in the global energy sector and has triggered one of the largest energy shocks since 2022. As per the report, the ETI is divided into two sub-indices, namely “System Performance” (60% weight) and “Transition Readiness” (40% weight). The system performance sub-index is broken down into three factors (equity, security, and sustainability) while the transition readiness sub-index is divided into five factors (regulation & political commitment, infrastructure, education & human capital, innovation, and finance & investments). On the rankings front, Sweden came in first in the 2026 ETI with a score of 75.3, scoring 77.0 in system performance and 72.7 in transition readiness. Finland occupied the second place in the world with an ETI score of 74.1 (73.3 in system performance and 75.4 in transition readiness), and was followed by Denmark with a score of 72.6 (71.8 in system performance and 73.9 in transition readiness), Estonia with a score of 70.9 (72.0 in system performance and 69.4 in transition readiness) and Norway with a score of 70.5 (74.6 in system performance and 64.3 in transition readiness). The United Arab Emirates ranked first in the region and 49^th in the world with an ETI score of 59.1 (62.9 in system performance, 53.6 in transition readiness), followed by Saudi Arabia which ranked 55^th globally with a score of 57.4 (61.4 in system performance and 51.3 in transition readiness) and Tunisia which ranked 62^nd globally with a score of 56.0 (62.4 in system performance and 46.3 in transition readiness) only to name a few. Locally, Lebanon positioned 83^rd in the world and 7^th in the region in the 2026 ETI index with a score of 52.6, compared to a score of 52.9 in the 2025 ETI index. The country scored 61.4 in the system performance sub-index and 39.4 in the transition readiness sub-index, compared to scores of 60.5 and 41.5 respectively in the 2025 ETI. The performance of Lebanon in all three components of the system performance sub-index and five components of the transition readiness sub-index are sketched in the below diagrams: