Sunday, 05 November 2023 07:44

Sri Lanka to introduce 'Climate Prosperity Plan Featured

Sri Lankan President Ranil Wickremesinghe told a forum in Colombo that the country's economic model would be built on competitiveness, digital transition, energy transition and the transformation to a green economy.

He also noted that Sri Lanka would be presenting a Climate Prosperity Plan at COP28, with goal of reaching net zero emissions by 2040

Speaking at the first International Climate Change Forum at Temple Trees on Friday (3), Wickremesinghe said that Sri Lanka is making notable strides towards combating climate change and transitioning into a green economy.

He pointed out that the country’s small size could be advantageous, given its potential for excess green energy, including solar, wind power and hydrogen.

The President also said that in order to address the lack of expertise to formulate detailed plans for this transition, Sri Lanka is reaching out to multilateral development banks and bilateral partners to obtain the necessary knowledge and support.

 

 

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