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The Green Future Index 2023: Rankings, Methodology and What They Mean

MIT Technology Review Insights ranked 76 countries and territories in its 2023 Green Future Index. See the full table, methodology and limits of the comparison.
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The Green Future Index 2023 is a composite ranking by MIT Technology Review Insights that compares 76 countries and territories on their progress and commitment toward a low-carbon economy. Iceland ranked first and Iran ranked last. It is a historical snapshot—not a current climate scorecard—with underlying research conducted from June 2022 to January 2023 and most data current through 2022 or earlier.

What the Green Future Index 2023 measures

The third annual index combines observed indicators with assessments of policy and investment across five pillars. Its purpose is broader than identifying countries with the lowest emissions: it also considers energy transition, social adoption, innovation and government action. The report and interactive index are available from MIT Technology Review Insights; the full 44-page report describes the methodology.

The report was produced by MIT Technology Review Insights with Kyndryl, Intel and Iris Ceramica Group named as sponsors or partners. Sponsorship is relevant context when evaluating a publication, but by itself does not show that sponsors determined the rankings.

The five pillars

Pillar What it includes
Carbon emissions CO₂ emissions relative to GDP, average annual changes in total emissions, and emissions trends in industry, transportation and agriculture. A favorable score does not necessarily mean low absolute emissions.
Energy transition Renewable-energy production growth from 2015 to 2020, renewables’ share of final energy consumption, and nuclear-energy production growth and share. The 2023 edition’s renewable measure focuses on modern renewables, excluding traditional biomass such as firewood.
Green society LEED-certified green buildings per million urban residents, recycling rates, net forestation change and electric passenger vehicles per million urban residents.
Clean innovation Green-patent growth relative to GDP, clean-energy investment received and provided as a percentage of GDP, and food-technology startups per million urban residents. These are proxies for innovation capacity, not direct measures of emissions avoided.
Climate policy Policy action related to Paris Agreement goals and national contributions; carbon-capture frameworks; carbon taxes, bonds and emissions trading; sustainable agriculture; public spending for decarbonization; and exposure to LNG supply shocks as a transition incentive.

How the scores are calculated

The 23 indicators are grouped into the five pillars. The first four pillars together account for 60% of the final index; climate policy accounts for 40%. That gives government ambition, regulation, finance and implementation substantial influence alongside measured outcomes.

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Quantitative indicators are normalized using minimum–maximum scaling. Qualitative or nonstandard indicators are mapped into categories and assigned scores. The resulting total is therefore a designed composite, not a direct physical unit such as tonnes of carbon dioxide.

2023 ranking at a glance

Top five

Rank Country Score
1 Iceland 6.69
2 Finland 6.68
3 Norway 6.37
4 Denmark 6.34
5 Sweden 6.34

Iceland retained first place, while Finland rose to second. Eight of the top 10 entries were European; South Korea, ranked eighth, was the sole non-European entry. The report describes the leaders as showing more consistency than dramatic progress: roughly half of the Green Leaders’ scores fell year over year even as climate efforts continued.

Bottom five

Rank Country Score
72 Bangladesh 3.45
73 Qatar 3.43
74 Zambia 3.31
75 Algeria 3.09
76 Iran 2.57

These are positions within this particular composite, not a universal judgment about sustainability or climate responsibility.

Selected country results

  • United States: 19th, with a score of 5.39, compared with 20th in the 2022 edition. The rank movement alone does not establish the size or cause of a real-world performance change.
  • Highest-ranked emerging economy: Costa Rica, at 24th.
  • Other notable movers: South Africa ranked 25th, up from 31st; Uruguay 26th, up from 38th; Argentina 48th, up 20 places; Indonesia 49th, up 21; and Australia 42nd, up 10.
  • Green Leaders movement: Luxembourg rose to 16th from 28th in 2022.

The report links some of these gains to stronger results in particular pillars. A higher overall position should not be read as proof of even progress across every part of a country’s climate transition.

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Categories used by the report

Report category Ranks
Green Leaders 1–20
Greening Middle 21–40
Climate Laggards 41–60
Climate Abstainers 61–76

These labels are the report’s own groupings, not universally accepted classifications. Its 76 entries include territories and economies as well as sovereign states, so they are not all politically equivalent.

Full Green Future Index 2023 ranking

The following scores and positions are from the report’s 2023 edition. The report’s category labels are shown alongside the ranks to make its group boundaries clear.

Rank Country or territory Score Report category
1 Iceland 6.69 Green Leaders
2 Finland 6.68 Green Leaders
3 Norway 6.37 Green Leaders
4 Denmark 6.34 Green Leaders
5 Sweden 6.34 Green Leaders
6 Netherlands 6.22 Green Leaders
7 United Kingdom 6.12 Green Leaders
8 South Korea 6.00 Green Leaders
9 France 5.99 Green Leaders
10 Spain 5.92 Green Leaders
11 Germany 5.92 Green Leaders
12 Belgium 5.84 Green Leaders
13 Italy 5.70 Green Leaders
14 Canada 5.69 Green Leaders
15 Ireland 5.69 Green Leaders
16 Luxembourg 5.57 Green Leaders
17 Greece 5.56 Green Leaders
18 Portugal 5.52 Green Leaders
19 United States 5.39 Green Leaders
20 Switzerland 5.38 Green Leaders
21 Poland 5.38 Greening Middle
22 Austria 5.37 Greening Middle
23 Bulgaria 5.31 Greening Middle
24 Costa Rica 5.26 Greening Middle
25 South Africa 5.23 Greening Middle
26 Uruguay 5.13 Greening Middle
27 China 5.12 Greening Middle
28 Japan 5.10 Greening Middle
29 Hungary 5.09 Greening Middle
30 Chile 5.08 Greening Middle
31 Czech Republic 4.97 Greening Middle
32 Singapore 4.96 Greening Middle
33 Hong Kong, China 4.89 Greening Middle
34 Colombia 4.83 Greening Middle
35 Slovakia 4.81 Greening Middle
36 United Arab Emirates 4.78 Greening Middle
37 Morocco 4.73 Greening Middle
38 Brazil 4.70 Greening Middle
39 Romania 4.66 Greening Middle
40 Kenya 4.66 Greening Middle
41 New Zealand 4.57 Climate Laggards
42 Australia 4.56 Climate Laggards
43 Israel 4.56 Climate Laggards
44 Philippines 4.56 Climate Laggards
45 Mexico 4.54 Climate Laggards
46 Taiwan 4.54 Climate Laggards
47 Ukraine 4.38 Climate Laggards
48 Argentina 4.31 Climate Laggards
49 Indonesia 4.29 Climate Laggards
50 India 4.25 Climate Laggards
51 Nigeria 4.18 Climate Laggards
52 Ecuador 4.14 Climate Laggards
53 Vietnam 4.13 Climate Laggards
54 Kazakhstan 4.13 Climate Laggards
55 Thailand 4.12 Climate Laggards
56 Saudi Arabia 4.11 Climate Laggards
57 Kuwait 4.05 Climate Laggards
58 Ethiopia 4.04 Climate Laggards
59 Angola 4.01 Climate Laggards
60 Egypt 3.99 Climate Laggards
61 Dominican Republic 3.98 Climate Abstainers
62 Peru 3.97 Climate Abstainers
63 Turkey 3.83 Climate Abstainers
64 Cameroon 3.82 Climate Abstainers
65 Ghana 3.80 Climate Abstainers
66 Uganda 3.73 Climate Abstainers
67 Pakistan 3.72 Climate Abstainers
68 Malaysia 3.67 Climate Abstainers
69 Guatemala 3.57 Climate Abstainers
70 Russia 3.57 Climate Abstainers
71 Paraguay 3.55 Climate Abstainers
72 Bangladesh 3.45 Climate Abstainers
73 Qatar 3.43 Climate Abstainers
74 Zambia 3.31 Climate Abstainers
75 Algeria 3.09 Climate Abstainers
76 Iran 2.57 Climate Abstainers

What changed from the 2022 edition

Some year-to-year comparisons are affected by revised definitions and indicators, not just changes in national performance. In 2023, the report separated modern renewables from traditional biomass, replacing a broader treatment that included biomass such as firewood. It also replaced the Pandemic Pivot with a broader Policy Pivot, added an indicator for the stimulus created by LNG supply shocks, and considered a wider range of public investment and transnational sustainability funding. Some earlier measures, including Vivid Economics’ “Greenness of Stimulus,” were discontinued.

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How to interpret the results

Rank is not the same as absolute emissions

The index combines current performance and change over time with policy, adoption and innovation. A country may do well on emissions relative to GDP or emissions trends without having low total emissions. Likewise, strength in one pillar does not guarantee a high overall score. The index is not a substitute for national emissions inventories and does not rank cumulative historical emissions, climate responsibility, climate justice, policy cost-effectiveness or the likelihood of reaching net zero.

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Many inputs predate the report

The research ran from June 2022 to January 2023, and most datasets were the latest publicly available at the time, generally updated in 2022. Specific measures also draw on earlier periods: carbon-emissions changes commonly run through 2020; renewable-energy growth covers 2015–2020; green-building counts use 2020; electric-vehicle stock uses 2021; patent growth covers 2017–2021; and clean-energy investment covers 2016–2020. The ranking should not be described as measuring conditions in 2023 or 2026.

Wealth can shape capacity as well as outcomes

The report highlights an association between GDP per capita and ranking performance. Wealth can make technology, expertise, infrastructure, financing and administrative capacity more accessible. As a result, the index may reflect a country’s ability to pursue and document a transition as well as the effectiveness or fairness of its policies. It is not a direct measure of climate justice. The World Economic Forum’s discussion of emerging economies and a low-carbon future offers additional context on the challenges facing lower-income countries.

Some scoring involves judgment

Minimum–maximum scaling makes quantitative indicators comparable within the index, but it does not remove the choices involved in selecting indicators, setting weights or defining categories. The report also uses categorization systems for qualitative and nonstandard measures, including parts of climate-policy scoring. That makes the composite less reproducible than a ranking based only on standardized statistics.

What the index is useful for—and what it cannot tell you

For policy, sustainability and business readers, the index is a structured starting point for comparing national transition signals and identifying questions to investigate. It can help reveal where policy, technology and social indicators diverge, and provide context for comparing editions when methodology changes are kept in view.

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It cannot, on its own, establish which country bears the greatest historical responsibility, which has the fairest climate policy, or which will meet a future net-zero target. For an investment decision or policy assessment, use it alongside current emissions inventories, national climate plans, energy statistics and independent climate-policy evaluations rather than treating a single rank as a complete country profile.

MIT Technology Review Insights’ launch summary provides its stated key findings; the full report is the source for the indicator definitions and country scores.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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