Latest news with #Index
The Star
3 hours ago
- Business
- The Star
U.S. Leading Economic Index inches down in May
WASHINGTON, June 20 (Xinhua) -- The U.S. Leading Economic Index (LEI) ticked down by 0.1 percent in May, according to data released Friday by The Conference Board. The LEI fell by 2.7 percent in the six-month period ending May 2025, a much faster rate of decline than the 1.4 percent contraction over the previous six months, the data found. "The LEI for the U.S. fell again in May, but only marginally," said Justyna Zabinska-La Monica, senior manager of business cycle indicators at The Conference Board. "The recovery of stock prices after the April drop was the main positive contributor to the index. However, consumers' pessimism, persistently weak new orders in manufacturing, a second consecutive month of rising initial claims for unemployment insurance, and a decline in housing permits weighed on the Index, leading to May's overall decline," Zabinska-La Monica said. The Conference Board does not anticipate recession, but does expect a significant slowdown in economic growth in 2025 compared to 2024, with real GDP growing at 1.6 percent this year and persistent tariff effects potentially leading to further deceleration in 2026, the report said. This occurs amid President Donald Trump's sweeping tariffs.
Business Standard
7 hours ago
- Business
- Business Standard
Core sector expands by 0.7% on year in May, Crude oil and Natural Gas output falls
The combined Index of Eight Core Industries (ICI) increased by 0.7 per cent (provisional) in May, 2025 as compared to the Index in May, 2024. The production of Cement, Steel, Coal and Refinery Products recorded positive growth in May, 2025. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). The final growth rate of Index of Eight Core Industries for February 2025, March 2025 and April 2025 was observed at 3.4, 4.5 and 1.0 per cent respectively. The cumulative growth rate of ICI during April to May, 2025-26 is 0.8 per cent (provisional) as compared to the corresponding period of last year. Here are the segment wise details of the Index of Eight Core Industries: Coal - Coal production (weight: 10.33 per cent) increased by 2.8 per cent in May, 2025 over May, 2024. Its cumulative index increased by 3.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Crude Oil - Crude Oil production (weight: 8.98 per cent) declined by 1.8 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year. Natural Gas - Natural Gas production (weight: 6.88 per cent) declined by 3.6 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.3 per cent during April to May, 2025-26 over corresponding period of the previous year. Petroleum Refinery Products - Petroleum Refinery production (weight: 28.04 per cent) increased by 1.1 per cent in May, 2025 over May, 2024. Its cumulative index declined by 1.7 per cent during April to May, 2025-26 over corresponding period of the previous year. Fertilizers - Fertilizer production (weight: 2.63 per cent) declined by 5.9 per cent in May, 2025 over May, 2024. Its cumulative index declined by 5.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Steel - Steel production (weight: 17.92 per cent) increased by 6.7 per cent in May, 2025 over May, 2024. Its cumulative index increased by 5.5 per cent during April to May, 2025-26 over corresponding period of the previous year. Cement - Cement production (weight: 5.37 per cent) increased by 9.2 per cent in May, 2025 over May, 2024. Its cumulative index increased by 7.8 per cent during April to May, 2025-26 over corresponding period of the previous year. Electricity - Electricity generation (weight: 19.85 per cent) declined by 5.8 per cent in May, 2025 over May, 2024. Its cumulative index declined by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year.
Cision Canada
9 hours ago
- Business
- Cision Canada
BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for June 2025 Français
TORONTO, June 20, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June 27, 2025 will receive cash distributions payable on July 3, 2025. The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is June 27, 2025. Details of the per unit cash distribution amount are as follows: Monthly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO Aggregate Bond Index ETF ZAG 0.040 BMO Canadian MBS Index ETF ZMBS 0.060 BMO Discount Bond Index ETF ZDB 0.030 BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.045 BMO Equal Weight Banks Index ETF ZEB 0.145 BMO Equal Weight REITs Index ETF ZRE 0.090 BMO Equal Weight Utilities Index ETF ZUT 0.070 BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.056 BMO High Yield US Corporate Bond Index ETF ZJK 0.090 BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U 0.085 BMO Laddered Preferred Share Index ETF ZPR 0.050 BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U 0.080 BMO Long Corporate Bond Index ETF ZLC 0.060 BMO Long Federal Bond Index ETF ZFL 0.030 BMO Long Provincial Bond Index ETF ZPL 0.037 BMO Mid Corporate Bond Index ETF ZCM 0.055 BMO Mid Federal Bond Index ETF ZFM 0.030 BMO Mid Provincial Bond Index ETF ZMP 0.035 BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.044 BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.061 BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U 0.045 BMO Real Return Bond Index ETF ZRR 0.050 BMO Short Corporate Bond Index ETF ZCS 0.045 BMO Short Federal Bond Index ETF ZFS 0.030 BMO Short Provincial Bond Index ETF ZPS 0.030 BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.045 BMO US Aggregate Bond Index ETF ZUAG 0.065 BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F 0.065 BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U 0.065 BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.090 BMO US Preferred Share Index ETF ZUP 0.110 BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.100 BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T 0.155 BMO Canadian Dividend ETF ZDV 0.070 BMO Canadian High Dividend Covered Call ETF ZWC 0.100 BMO Covered Call Canadian Banks ETF ZWB 0.110 BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U 0.140 BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.130 BMO Covered Call Energy ETF ZWEN 0.220 BMO Covered Call Health Care ETF ZWHC 0.160 BMO Covered Call Technology ETF ZWT 0.220 BMO Covered Call US Banks ETF ZWK 0.145 BMO Covered Call Utilities ETF ZWU 0.070 BMO Europe High Dividend Covered Call ETF ZWP 0.105 BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE 0.120 BMO Floating Rate High Yield ETF ZFH 0.070 BMO Global High Dividend Covered Call ETF ZWG 0.175 BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T 0.180 BMO International Dividend ETF ZDI 0.080 BMO International Dividend Hedged to CAD ETF ZDH 0.080 BMO Monthly Income ETF ZMI 0.070 BMO Monthly Income ETF (USD Units)* ZMI.U 0.120 BMO Premium Yield ETF ZPAY 0.200 BMO Premium Yield ETF (Hedged Units) ZPAY.F 0.175 BMO Premium Yield ETF (USD Units) * ZPAY.U 0.180 BMO Ultra Short-Term Bond ETF ZST 0.112 BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U 0.180 BMO USD Cash Management ETF ZUCM 0.107 BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.104 BMO US Dividend ETF ZDY 0.070 BMO US Dividend ETF (USD Units)* ZDY.U 0.050 BMO US Dividend Hedged to CAD ETF ZUD 0.045 BMO US High Dividend Covered Call ETF ZWH 0.130 BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U 0.125 BMO US High Dividend Covered Call Hedged to CAD ETF ZWS 0.105 BMO US Put Write ETF ZPW 0.125 BMO US Put Write ETF (USD Units)* ZPW.U 0.125 BMO US Put Write Hedged to CAD ETF ZPH 0.120 BMO Global Enhanced Income Fund (ETF Series) ZWQT 0.085 BMO Global Dividend Opportunities Fund (Active ETF Series) BGDV 0.034 BMO Global REIT Fund (Active ETF Series) BGRT 0.055 BMO Money Market Fund (ETF Series) ZMMK 0.120 BMO Global Infrastructure Fund (Active ETF Series) BGIF 0.050 BMO AAA CLO ETF ZAAA 0.135 BMO AAA CLO ETF (Hedged Units) ZAAA.F 0.134 BMO AAA CLO ETF (USD Units)* ZAAA.U 0.134 BMO Canadian Core Plus US Balanced ETF ZBCB 0.060 BMO US Dividend Growth ETF ZBDU 0.070 BMO US Dividend Growth ETF (Hedged Units) ZBDU.F 0.070 BMO Covered Call Spread Gold Bullion ETF ZWGD 0.125 Quarterly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO BBB Corporate Bond Index ETF ZBBB 0.290 BMO Canadian Bank Income Index ETF ZBI 0.320 BMO Corporate Bond Index ETF ZCB 0.470 BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.190 BMO Equal Weight Industrials Index ETF ZIN 0.150 BMO Equal Weight Oil & Gas Index ETF ZEO 0.660 BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB 0.185 BMO Equal Weight US Banks Index ETF ZBK 0.195 BMO ESG Corporate Bond Index ETF ESGB 0.265 BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF 0.240 BMO Global Communications Index ETF COMM 0.120 BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC 0.075 BMO Global Consumer Staples Hedged to CAD Index ETF STPL 0.130 BMO Global Infrastructure Index ETF ZGI 0.350 BMO Government Bond Index ETF ZGB 0.320 BMO High Quality Corporate Bond Index ETF ZQB 0.270 BMO Japan Index ETF ZJPN 0.150 BMO Japan Index ETF (Hedged Units) ZJPN.F 0.190 BMO Long-Term US Treasury Bond Index ETF ZTL 0.280 BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F 0.240 BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U 0.270 BMO Mid-Term US Treasury Bond Index ETF ZTM 0.360 BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U 0.360 BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN 0.110 BMO MSCI All Country World High Quality Index ETF ZGQ 0.120 BMO MSCI Canada Selection Equity Index ETF ESGA 0.250 BMO MSCI Canada Value Index ETF ZVC 0.210 BMO MSCI EAFE Selection Equity Index ETF ESGE 0.220 BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.180 BMO MSCI EAFE High Quality Index ETF ZIQ 0.120 BMO MSCI EAFE Index ETF ZEA 0.150 BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.130 BMO MSCI Global Selection Equity Index ETF ESGG 0.150 BMO MSCI USA Selection Equity Index ETF ESGY 0.110 BMO MSCI USA Selection Equity Index ETF (Hedged Units) ESGY.F 0.090 BMO MSCI USA High Quality Index ETF ZUQ 0.110 BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F 0.070 BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U 0.075 BMO MSCI USA Value Index ETF ZVU 0.150 BMO S&P 500 Hedged to CAD Index ETF ZUE 0.200 BMO S&P 500 Index ETF ZSP 0.210 BMO S&P 500 Index ETF (USD Units)* ZSP.U 0.160 BMO S&P/TSX 60 Index ETF ZIU 0.400 BMO S&P/TSX Capped Composite Index ETF ZCN 0.230 BMO S&P US Mid Cap Index ETF ZMID 0.130 BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F 0.120 BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U 0.130 BMO S&P US Small Cap Index ETF ZSML 0.130 BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F 0.120 BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U 0.130 BMO Short-Term Bond Index ETF ZSB 0.390 BMO Short-Term US TIPS Index ETF ZTIP 0.270 BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F 0.240 BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U 0.250 BMO Short-Term US Treasury Bond Index ETF ZTS 0.360 BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U 0.350 BMO All-Equity ETF ZEQT 0.220 BMO Balanced ESG ETF ZESG 0.180 BMO Balanced ETF ZBAL 0.220 BMO Conservative ETF ZCON 0.220 BMO Corporate Discount Bond ETF ZCDB 0.140 BMO Global Agriculture ETF ZEAT 0.130 BMO Growth ETF ZGRO 0.220 BMO Long Short Canadian Equity ETF ZLSC 0.160 BMO Long Short US Equity ETF ZLSU 0.120 BMO Low Volatility Canadian Equity ETF ZLB 0.280 BMO Low Volatility International Equity ETF ZLI 0.160 BMO Low Volatility International Equity Hedged to CAD ETF ZLD 0.170 BMO Low Volatility US Equity ETF ZLU 0.270 BMO Low Volatility US Equity ETF (USD Units)* ZLU.U 0.190 BMO Low Volatility US Equity Hedged to CAD ETF ZLH 0.170 BMO Short-Term Discount Bond ETF ZSDB 0.100 BMO US Equity Buffer Hedged to CAD ETF – January ZJAN 0.042 BMO US Equity Buffer Hedged to CAD ETF – April ZAPR 0.041 BMO US Equity Buffer Hedged to CAD ETF – July ZJUL 0.041 BMO US Equity Buffer Hedged to CAD ETF – October ZOCT 0.043 BMO Brookfield Global Real Estate Tech Fund (ETF Series) TOWR 0.120 BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI 0.160 BMO Core Plus Bond Fund (ETF Series) ZCPB 0.200 BMO Global Innovators Fund (Active ETF Series) BGIN 0.020 BMO Global Strategic Bond Fund (ETF Series) ZGSB 0.300 BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB 0.250 BMO Tactical Dividend ETF Fund (ETF Series) ZZZD 0.300 BMO Target 2027 Canadian Corporate Bond ETF ZXCO 0.900 BMO Target 2028 Canadian Corporate Bond ETF ZXCP 0.100 BMO Target 2029 Canadian Corporate Bond ETF ZXCQ 0.100 Quarterly Distributions - Automatically Reinvested The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately. *Cash distribution per unit ($) amounts are USD for ZAAA.U, ZJK.U, ZPR.U, ZIC.U, ZUAG.U, ZUP.U, ZWB.U, ZMI.U, ZPAY.U, ZUS.U, ZUCM.U, ZDY.U, ZWH.U, ZPW.U, ZTL.U, ZTM.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, and ZLU.U. Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the simplified prospectus. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination. BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. The ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal. "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence. About BMO Financial Group BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
Scoop
a day ago
- Business
- Scoop
Global Energy Transition Gains Ground, According To Energy Transition Index 2025
The World Economic Forum 2025 Energy Transition Index shows the fastest progress since pre-COVID-19, with 65% of countries improving and 28% advancing across all core dimensions – security, sustainability and equity. Sweden, Finland, Denmark, Norway and Switzerland top the Index, driven by strong policy commitment, infrastructure and clean energy diversification. Emerging Europe posted the biggest gains while Emerging Asia outpaced the global average. Despite $2 trillion in clean energy investment in 2024, energy security stalled and emissions hit record highs, highlighting the need for resilient grids, digital infrastructure and targeted capital flows. Read the new report here. Geneva, Switzerland, 18 June 2025 – Global progress towards secure, equitable and sustainable energy is accelerating after years of sluggish gains, according to a World Economic Forum report released today. However, rising geopolitical tensions, investment gaps, and a growing disconnect between clean energy innovation and deployment where it is needed most threaten to undermine momentum. The Fostering Effective Energy Transition 2025 report, developed in collaboration with Accenture, benchmarks the performance of energy systems of 118 countries across three performance dimensions – security, sustainability and equity – and five readiness factors: political commitment, finance and investment, innovation, infrastructure, and education and human capital. In 2025, 65% of countries improved their Energy Transition Index scores, with 28% advancing across all three core dimensions. While advanced economies grapple with grid congestion, high prices and delivery bottlenecks, regions like Emerging Europe and Emerging Asia are making gains, driven by targeted reforms, improved infrastructure and growing clean energy investment. 'Energy systems are evolving at varying speeds,' said Roberto Bocca, Head of the Centre for Energy and Materials, World Economic Forum. 'We are seeing more holistic approaches and visible progress. It is encouraging that 28% of countries, including major energy consumers and producers like Brazil, China, the US and Nigeria, have advanced across multiple dimensions. Staying on track demands urgent investment in fast-growing emerging economies.' The 2025 Energy Transition Index recorded a 1.1% year-on-year gain – the fastest since pre-COVID levels. Equity showed the strongest gains, aided by stable energy prices and subsidy cuts, while sustainability improved thanks to increased renewable energy adoption and improvements in energy efficiency. But energy security stagnated due to inflexible power systems, import reliance and limited diversification. Despite $2 trillion in clean energy investment in 2024, emissions hit a record 37.8 billion tons in the hottest year on record, as energy demand rose 2.2% driven by artificial intelligence (AI), data centres, cooling and electrification. 'AI is the most transformative technology of our lifetimes and the single greatest lever of a more intelligent, adaptive and resilient energy future,' said Muqsit Ashraf, Group Chief Executive for Accenture Strategy. 'Leading companies are harnessing technology, data and AI to accelerate their reinvention and placing people at the core of that change – ultimately becoming more resilient and delivering long-term profitable growth.' Energy Transition Index 2025 scores Sweden, Finland and Denmark topped the Energy Transition Index, reflecting their long-standing policy commitment, robust infrastructure and diversified low-carbon energy systems. Norway and Switzerland rounded out the top five, underscoring renewed momentum in their energy transition. Austria, Latvia and the Netherlands followed closely, with strong performances in equity, clean energy capital flows and renewable energy capacity buildout. Germany and Portugal completed the top 10. Among the top 20, China reached a record 12th place, fueled by its scale and leadership in innovation and clean energy investment. Brazil ranked 15th, leading Latin America with greater energy diversification, lower prices and rising clean energy use. The United Kingdom placed 16th, while the US rose to 17th overall and ranked 1st in energy security, supported by a diversified energy system and strong innovation. India advanced on energy efficiency and investment capacity, while the United Arab Emirates recorded the strongest year-on-year gain in a decade, driven by rapid infrastructure upgrades, targeted subsidy reforms, rising clean energy use and lower energy intensity. The report highlights three system-level priorities to keep the energy transition on track. These include redefining energy security beyond traditional supply concerns to include grid resilience and digital infrastructure; correcting capital imbalances, particularly in emerging economies; and addressing infrastructure bottlenecks, such as permitting delays, workforce gaps and grid capacity, which now constrain progress more than technology availability. To sustain momentum and build resilience, the report calls for adaptive policies to attract long-term capital and foster cooperation; modernise infrastructure; invest in workforce skills and innovation; scale deployment of clean tech, especially in hard-to-abate sectors; and enhancing capital investment in developing economies. Since 2021, over 80% of energy demand growth has come from emerging and developing economies, but more than 90% of clean energy investment has been seen in advanced economies and China, revealing a misalignment between capital flows and future demand. Emerging Europe recorded the strongest gains with notable progress in infrastructure (+8.3%) and equity (+5.8%). Latvia scored the highest, whereas Bosnia and Herzegovina grew the most. Emerging Asia, with leadership from China, followed by Malaysia, has seen regulatory improvements (2.6%) and rising clean energy investment (18.7%). Sub-Saharan Africa also made progress through stronger political commitment and financial flows. Notably, Nigeria made notable progress, rising from 109th place in 2016 to 61st in 2025. These trends underscore the growing impact of targeted reforms and localized transition strategies across diverse markets. The Energy Transition Index emphasises the need for context-specific strategies, as energy systems evolve amid climate pressures, conflict and economic fragmentation. Sustained progress will also depend on resilience, adaptability, and stronger regional and global cooperation.
The Wire
a day ago
- Business
- The Wire
India Slips to Rank 71 on World Economic Forum's Energy Transition Index
From a rank of 63 in 2024, India has now slipped to rank 71 on the World Economic Forum (WEF)'s Energy Transition Index (ETI), which ranks countries on their progress towards energy transition from fossil fuels to clean energy. However, the report that compared the annual progress of 118 countries also noted that India had advanced in energy efficiency and investment capacity. The ETI is a tool developed by the WEF, an international non-profit for public-private cooperation set up in 1971, to quantify the yearly progress of nations in energy transition – the move from high carbon-emitting fuels such as coal to what are generally considered cleaner and renewable fuels such as solar power. The Forum takes into account two main aspects to put together the Index. One is 'system performance', which includes three factors – energy security (the presence of a stable and resilient energy supply through developing a diversity of energy sources as well as grid and power supply reliability), equity (wherein there is access to energy for all, including consumers and industries) and sustainability (promoting energy sources that have lower impacts on the environment such as lower carbon footprints). The second is 'transition readiness', which includes regulation (legal structures that facilitate energy transition), infrastructure, education, innovation and investment capacities. The Index used 43 indicators under these broad categories using data from multiple sources and organisations, and scored countries on a scale of 0 to 100. In 2025, 77 out of 118 countries (65%) recorded an increase in their overall ETI scores, with an average gain of 1.1% that signals 'a broad, though uneven, recovery in transition momentum', the Index report published on Wednesday (June 18) said. Overall, advanced economies dominated the ETI rankings, accounting for 16 of the index's top 20 performers. The top four are all Nordic countries: Sweden, followed by Finland, Denmark and Norway. Sweden, ranked first in the Index, scored 77.5, and had a system performance score of 77 and a transition readiness score of 78.1. How India fared At rank 71, India scored 53.3 on the Index. India's system performance score was 60.4 and transition readiness score 42.7. Major economies 'showed selective gains with potential to lead', the Index report noted. China topped the 'Emerging Asia' category which India is also part of, with a 2.2% year-on-year ETI score gain and the fifth-highest transition readiness score globally, which per the report, was 'driven by strong innovation ecosystems and financial capacity'. The report noted that in the 2025 Index, India advanced in 'energy intensity, methane emissions and regulations and financial investments'. It also claimed that over the past decade, India had made 'significant strides in increasing equity through greater access to energy and clean fuels, while also improving energy regulations and investment in renewable and other clean-energy technologies'. However, it does not provide details on how India did this. Among the challenges that India faces are a consistent improvement in grid reliability, energy access for rural areas and further reducing dependence on imported energy. 'Further investment in infrastructure, renewables, labour force development and financing conditions could help boost the country's energy transition,' the report noted. Overall, the report noted that one of the main challenges that several nations in Asia still face is their huge reliance on fossil fuels. 'While the ETI top ten continue to offer strong examples of long-term leadership, it is the top five largest economies – China, the US, the EU, Japan and India – that will ultimately determine the pace and direction of the global energy transition due to their sheer size,' the report said. The report also underlined that several 'disruptions' – geopolitical, economic and technological – exposed vulnerabilities in global energy systems, thus 'heightening the urgency of securing more resilient, adaptive energy strategies'. These included geopolitical tensions that have intensified, including in the Middle East and Africa. Top among the global risk factors affecting energy transition are armed state conflicts, followed by extreme weather events and geoeconomic confrontation (such as the use of sanctions, tariffs and investment screening).
