Focus on bringing in foreign investors who reduce climate change

Sri Lanka government has focused on bringing foreign investors to Sri Lanka for climate change mitigation projects.

It is the government’s plan to bring in foreign investors to achieve the three goals of reaching a target of 70 percent renewable energy, achieving carbon neutrality by 2050, and finding the international market for carbon emission permits.

A discussion in this regard was held December (19) at the President’s Office under the chairmanship of Ruwan Wijayawardena, Presidential Adviser on Climate Change and Eric Solheim, Presidential Adviser on International Climate Change.

Solheim shared his international knowledge on future energy sources such as concessional climate finance, carbon credits, carbon markets, renewable energy and hydrogen with the officials present for the discussion.