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Sri Lanka News - BusinessNews.lk
Home Local News

Sri Lanka Strengthens Climate Action with Host Country Agreement Signing

by Editor
8 February, 2023
in Local News, News, Top
2 min read
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Sri Lanka Strengthens Climate Action with Host Country Agreement Signing
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The Sri Lankan government and the Global Green Growth Institute (GGGI) signed a Host Country Agreement to further deepen Sri Lanka’s green growth development and advance the country’s climate action initiatives.

The agreement will enable the government and the GGGI to effectively plan and implement green growth initiatives, including the implementation of the National Adaptation Plan and Readiness Support project.

The GGGI is dedicated to promoting strong and sustainable economic growth in developing countries, serving as an enabler of transition into a low-carbon green economy. The agreement was signed in the presence of President Ranil Wickremesinghe and former Secretary General of the UN, Ban Ki-Moon.

News in Full:

A Host Country Agreement was signed between the Government of Sri Lanka and the Global Green Growth Institute (GGGI) progressing Sri Lanka’s climate action and further deepening Sri Lanka’s green growth development. The agreement was signed in the presence of President Ranil Wickremesinghe and Former Secretary General of the UN and the President of the Assembly and Chair of the Council of the Global Green Growth Institute (GGGI) Ban Ki-Moon, this afternoon (07).

The agreement was signed, enabling the Government and the GGGI to effectively plan and implement green growth initiatives in the country. It was signed at the Presidential Secretariat by the Secretary of the Ministry of Environment Dr Anil Jasinghe, on behalf of the Sri Lankan Government and by the Director General of GGGI Frank Rijsberman on behalf of the GGGI.

These initiatives include the implementation of the on-going National Adaptation Plan (NAP) and Readiness Support project, funded by the Green Climate Fund (GCF), to enhance capacity and institutions. The project includes the development of provincial adaptation plans and the identification of climate adaptation investments to implement these plans.

Sri Lanka joined GGGI as a Member in 2019. Sri Lanka was elected as Vice President of the Assembly and Vice Chair of the Council of GGGI in October 2022. GGGI is hosted by the Ministry of Environment at the Climate Change Secretariat and Policy Planning Division.

GGGI is dedicated to supporting and promoting strong, inclusive, and sustainable economic growth in developing countries and emerging economies. It serves the role of an enabler and facilitator of Members’ transition into a low-carbon green economy, providing policy advice and technical support in the development of green growth plans, policies and regulations, mobilization of green investments, implementation of green growth projects, and development of local capacities and knowledge sharing.

The Korean Ambassador to Sri Lanka Santhush Woonjin Jeong, Environment Minister Nazeer Ahamed, Senior Advisor to the President on National Security and Chief of Staff to the President Sagala Rathnayake, Secretary to the President Saman Ekanayake, Senior Advisor to the President on Climate Change Ruwan Wijewrdena, Advisor to the President Ananda Mallavitantri, Lead Director of ODG of GGGI Dave H. Kim, Head of Programs, GGGI Dr Achala Abeysinghe and Dr Sonali Senaratne participated in this event.

Tags: bnslLkaLocal News Sri LankaSriLanka
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