INSUBCONTINENT EXCLUSIVE:
climate change.Addressing the meeting, President Wickremesinghe stressed the importance of resilience on both local and global fronts
supporting climate initiatives
He said that finance is the lifeblood of any endeavour, and the country needs to build substantial strength in this arena, the PMD said in a
attention is given to the vital matter of financing
uniquely.President Wickremesinghe also proposed the establishment of a National Consultative Committee with the involvement of private and
This committee may consist of about 100 to 150 members
However, this committee should be the one consulted at least once every six months to discuss the progress being made
If you can establish a structure like this, it could be the desired outcome
I believe that all of you, especially foreign ministries, will need to collaborate with the environment ministry regarding international
Additionally, I think we all need to contribute, including a focus on international finance
We could align this with our Institute of Economics and Trade, positioning Sri Lanka as a hub for global financial activities
those of the UN Secretary General and President Biden
dedication.Ruwan Wijewardane, Senior Advisor to the President on Climate Change, informed the President about discussions with prominent
universities, including those in the US and Cambridge, regarding the establishment of the Climate Change University, the statement added.Key
highlights for the upcoming COP28 were also revealed during the meeting, encompassing the Climate Justice Forum, International Climate
Change University, Climate Prosperity Plan launch, and the Tropical Red initiative
President on Environment, Climate, and Green Finance, Mr
agreement for collaboration and opportunities with Yale
He also detailed plans for collaborations with institutions in the EU, aiming to exchange expertise and promote sustainable practices, it
said.In the realm of green finance, the President Appointed Green Financing Committee has been working on a roadmap for Sustainable Finance,
with support from UN Economic and Social Commission for Asia and the Pacific (ESCAP), UNDP, and the Global Green Growth Institute (GGGI)
The committee is actively engaging in initiatives like Debt for Nature Swaps and presenting a project on the Kelani River Basin.The
research, and strategic climate action
in addressing climate change.The meeting was attended by Minister of Environment Naseer Ahamed, Ruwan Wijewardane, Senior Advisor to the
Samaratunga, Secretary to the Ministry of Finance K M Mahinda Siriwardana, Secretary to the Ministry of Environment Dr
Anil Jasinghe and other officials, according to the PMD.
