The World Economic Forum's report "Fostering Effective Energy Transition 2022 Edition" highlights the challenges and opportunities of the energy transition. The report emphasizes the importance of economic development, energy security, environmental sustainability, and transition readiness enablers in achieving a successful energy transition. The report also identifies the role of industries in achieving net-zero emissions by 2050 and the need for multistakeholder collaboration to overcome net-zero choke points. The report suggests that "next generation" partnerships, collaboration between customers and suppliers, collaboration between industry and cross-industry peers, and collaboration between wider ecosystem stakeholders are key to unlocking the net-zero transformation of industries. The report concludes that fostering effective energy transition requires a collaborative process facilitated by the World Economic Forum and the participation of all stakeholders.
