Home » Global backing for President’s “2048 – Green Economy Initiative” funding

Global backing for President’s “2048 – Green Economy Initiative” funding

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PMD: Dr. Anil Jasinghe, the Secretary of the Ministry of Environment, announced that Sri Lanka has formally committed to providing the essential funding for President Ranil Wickremesinghe’s 2048 Green Economy Programme. He also noted that, thanks to the President’s advocacy in international conferences and meetings with world leaders, several nations have swiftly expressed their interest in these agreements.

Furthermore, Dr. Anil Jasinghe underscored the significance of the Joint Crediting Mechanism (JCM), which serves as a gateway for collaboration with the Japanese government and the private sector in green initiatives.

Dr. Anil Jasinghe shared these insights during his recent appearance on the 101 Katha programme, produced by the Presidential Media Division. He elaborated on how Sri Lanka, under the President’s leadership, was able to establish agreements with Singapore, including the innovative concept of carbon credits.

Additionally, Dr. Anil Jasinghe highlighted that the Sri Lankan government, in partnership with the international community, is actively taking measures to reduce the impact of climate change. These measures aim to provide relief to those affected by natural disasters, including farmers.

Moreover, he disclosed that, in line with President Ranil Wickremesinghe’s directives, cooperation with neighbouring countries is anticipated to secure the necessary funds for addressing climate change-related challenges like droughts and floods.

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