Methane Emissions Remain Near Record Levels: IEA

15 Mar 2024 CW Team

According to the International Energy Agency (IEA), methane emissions persisted at nearly record levels, amounting to approximately 130 million tonnes in 2023. This alarming trend underscores the urgent need for concerted efforts to address methane emissions, given their significant contribution to global warming and climate change.

The IEA's findings highlight the pressing need for enhanced regulatory measures, technological innovation, and industry collaboration to curb methane emissions effectively. Without decisive action, methane emissions are poised to exacerbate the climate crisis and hinder progress towards achieving global climate targets.

The persistence of high methane emissions underscores the critical role of the energy sector in mitigating greenhouse gas emissions. Urgent action is required to identify and implement strategies to reduce methane emissions across various sources, including fossil fuel production, agriculture, and waste management.

Furthermore, the IEA's report serves as a wake-up call for policymakers, businesses, and stakeholders worldwide to prioritise methane mitigation efforts as part of broader climate action initiatives. Addressing methane emissions not only helps mitigate climate change but also delivers co-benefits such as improving air quality and public health.

Overall, the IEA's warning about near-record methane emissions reinforces the imperative for immediate and concerted action to tackle this pressing environmental challenge. Collaboration between governments, industries, and civil society is essential to implement effective methane reduction measures and transition towards a more sustainable and resilient energy future.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..