New Delhi, June 20 -- Ranked 4th among the world's five largest economies, India holds a critical position in shaping the global energy transition, not only due to its rapid economic growth but also because of its rising energy demand and increasing influence on global emissions and energy policy, according to a report by the World Economic Forum (WEF).

The real measure of the world's shift to clean and sustainable energy lies in the hands of -- the United States, China, the European Union, Japan, and India.

These five economies together make up about half of the world's population, GDP, and energy use. More significantly, they are responsible for nearly two-thirds of global emissions, giving them a major role in how quickly and effecti...