Connect with us

News

GoSL – GGGI signs host country agreement

Published

on

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 Wijewardene, 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.

News

Govt. to set up mechanism to prevent & control forest fires

Published

on

By

Taking into consideration the number of forest fires reported in the recent past, the Cabinet has approved a proposal to implement a programme to prevent the occurrence of forest fires and extinguish forest fires.  

Government said that there is a rapidly increasing risk of forest fire caused by man-made fires around forests, especially during dry weather conditions. 

“This situation is common in Badulla, Kandy, Nuwara Eliya, Matale, Monaragala, Polonnaruwa, Kurunegala, Puttalam and Rathnapura Districts. The number of forest fires reported so far this year is about 150. As a result, around 2,600 hectares of forests have been destroyed,” it said. 

Accordingly, the Cabinet approved a proposal presented by the Forest and Wildlife Conservation Minister to implement a programme with the support of the government and other relevant parties from the national-level to the rural-level to prevent the occurrence of forest fires and extinguish forest fires.

Continue Reading

News

Cabinet approves proposal to obtain USD 200mn from ADB

Published

on

By

The Cabinet has approved a proposal to obtain an amount of USD 200 million from the Asian Development Bank (ADB) subject to an annual interest rate of 2%.

Initial discussions between the ADB and the Sri Lankan Government were held to obtain two loan facilities worth USD 200 million each based on policies to implement two sub-programmes under the economic stabilization and reformation programme. 

It has been proposed to implement accelerated reformations to enhance the conflict management framework and the stabilization in the finance sector under the first sub-programme while it has been proposed to develop an all-inclusive resistant finance system under the second sub-programme. 

Accordingly, the proposal submitted by the President as the Minister of Finance, to enter into a loan agreement with the ADB to obtain USD 200 million with a repaying period of 25 years inclusive of a grace period of 05 years in relation to the first sub-programme, was approved by the Cabinet.

Continue Reading

News

This week’s Cabinet decisions

Published

on

By

A number of decisions have been taken at the Cabinet meeting held yesterday (September 25).

The decisions taken by the Cabinet of Ministers are as follows :


Continue Reading

Trending

Copyright © 2022 Sri Lanka Mirror. All Rights Reserved