COLOMBO, Sri Lanka, July 23 -- Sri Lanka Broadcasting Corp. issued the following news:
Achieving a major milestone in its goal towards achieving net zero, Citizens Development Business Finance PLC (CDB) of Sri Lanka concluded Phase I of its Climate Transition Plan. With technical assistance received from the International Finance Corporation (IFC) and support from the European Union under their 'Accelerating Climate Smart and Inclusive Infrastructure in South Asia (ACSIIS)' program, this foundational phase of the Climate Transition Plan is a robust framework that quantifies and manages operational and portfolio emissions.
Deputy CEO of CDB Damith Tennakoon recalls that in April 2024, CDB inked a technical assistance agreement with the Int...