Climate ambition alone won't pay bills, Sri Lanka warned
Sri Lanka, June 10 -- Sri Lanka must urgently strengthen its pipeline of bankable climate projects or risk missing out on much-needed climate finance and losing ground in increasingly climate-conscious global markets, development partners and business leaders warned.
While the country has made significant strides in rebuilding its economy following the 2022 crisis, and has demonstrated growing ambition on climate action, speakers at the Sri Lanka Climate Summit 2026, organised by the Ceylon Chamber of Commerce (CCC), stressed that ambitions alone would not be sufficient to attract investment or shield key export sectors from mounting climate-related risks.
"Sri Lanka is climate-vulnerable, yet climate-ambitious. What is not given is th...
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