IEA: Net-Zero Goal Survives, but Obstacles Persist

03 Oct 2023 CW Team

The International Energy Agency (IEA) has reaffirmed the feasibility of achieving net-zero emissions, though significant hurdles loom on the path to this ambitious goal.

According to their latest report, the world remains committed to curbing greenhouse gas emissions, but concrete actions are required to match intentions.

The IEA underlines that while progress has been made in renewable energy adoption and energy efficiency measures, critical obstacles hinder further advancement. Key challenges include the need for substantial investments in renewable infrastructure, enhanced international cooperation, and a swifter transition away from fossil fuels.

The report also stresses the importance of addressing energy access disparities and ensuring a just transition for affected communities. Furthermore, the IEA emphasises that governmental policies and regulations will play a pivotal role in accelerating the net-zero journey.

Countries must align their strategies with climate objectives, incentivise clean energy technologies, and establish robust frameworks for carbon pricing. In conclusion, while the net-zero goal remains within reach, concerted global efforts are imperative to overcome the substantial barriers that still stand in the way of a sustainable, carbon-neutral future.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..