INSUBCONTINENT EXCLUSIVE:
initiatives to tackle the looming climate crisis.Speaking to Gulf Business on the sidelines of the COP28 summit in Dubai, President
Wickremesinghe revealed that several international parties have expressed their interest to corporate with Sri Lanka on the proposals
presented with regards to combatting the climate crisis.Sri Lanka is already being impacted by the climate crisis, along with several other
currently spearheading numerous initiatives in this regard, including the Climate Justice Forum, which is expected to be presented before
the United Nations Environment Programme (UNEP) conference in 2024, and the International Climate Change University (ICCU), which Sri Lanka
likely to draw several similarities to the East-West Center in Hawaii.Moreover, the President also spoke of the Tropical Belt Initiative,
which focuses on harnessing commercial investments in vital natural resources within the tropical belt, such as forests, swamps, and
no government would be willing to, nor capable of, sourcing such funds annually, it is crucial that such an investment be commercially
on the collaboration with the Indian Ocean Rim Association (IORA) to promote the blue economy and create a sustainable Indian Ocean,
largest global sink for carbon.When asked as to the response received from other nations, if any, with regard to the proposals, President
Wickremesinghe stated that discussions with world leaders, including the Presidents of Maldives, Kenya, Brazil and Ghana showcased
recovery from its infamous economic crisis in 2022, President Wickremesinghe assured that the country is expecting positive economic growth
creditors, with the Paris Club, with India and with China, and we anticipate that the official creditors committee will come up with a
