World's first zero-carbon city faces four-year setback

Masdar City, slated to become the world's first zero-carbon city, and the centrepiece of Abu Dhabi's strategy to become a global hub for the clean-energy industry, will not be finished until 2020 - four years later than originally planned.



London: Explanations for the delay to the $22bn project range from difficulties with scaling up renewables technologies in time for 2016 to an inability to attract capital and tenants in the wake of the financial crisis. Masdar did not respond to requests for comment, but in recent months, Masdar chief executive Sultan Ahmed Al Jaber has hinted that the project could face delays.

With pressure mounting, Masdar is said to be intensely focused on finishing the city's first phase - set to host the headquarters of the recently established International…

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