Sri Lanka, June 9 -- More than 200 representatives from Sri Lanka's financial sector, corporate institutions and public agencies have been trained on the practical implementation of the country's Green Finance Taxonomy under a European Union-backed initiative aimed at accelerating sustainable investments.

The programme marks a key step in moving the Green Finance Taxonomy from policy to practice, enabling banks, financial institutions and businesses to better identify, classify and finance environmentally sustainable projects.

Developed by the Central Bank of Sri Lanka (CBSL) and published in 2022, the Green Finance Taxonomy serves as a national framework for determining which economic activities can be considered environmentally susta...