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President proposes to establish an International Climate Change Uni. in SL

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Developing countries are the worst affected by rising emissions from the industrialized world, and must be compensated – President Ranil Wickremesinghe emphasizes at COP 27

President Ranil Wickremesinghe has said that unbridled industrialization of the developed countries is the root cause of climate change, leaving the poor to suffer the consequences. He said that the problems facing poor countries are augmented due to the absence of adequate funding.

He has said this while addressing the COP 27 Climate Change Conference in Sharm El-Sheikh, Egypt earlier today (08).

As a result, these countries are facing double jeopardy – struggling to develop economically while fighting to protect the living standards of their populations.

Therefore, President Wickremesinghe said that the developed countries must deliver on their pledge in Glasgow – by doubling their funding to compensate the developing countries for loss and damage.
Accordingly, he said that as proposed by the Climate Vulnerable Forum, commissioning a Special Report on this aspect to strengthen international awareness for future responses would be appropriate.
President Wickremesinghe thus proposed that before COP 28 in Dubai, like-minded nations should meet at Ministerial Level to discuss the way forward on all aspects of climate finance.

He also noted that this should be followed with a meeting of the Heads of Government of these countries on the margins of COP 28 to display a collective frame of mind to stave off the calamity.
Following is the full speech delivered by President Ranil Wickremesinghe at the Cop 27 Climate Change Summit;

“The salubrious environs of the green city of Sharm El-Sheikh will undoubtedly inspire our discussions at COP 27 to a successful conclusion. I sincerely thank the Government of Egypt for your warm welcome and hospitality,” he added.

Noting that the lack of capacity is the biggest obstacle to the implementation of Climate Action plans, President Wickremesinghe has said capacity building is vital in this regard.

“To overcome this obstacle, we propose to establish an International Climate Change University in Sri Lanka, with an ancillary institution in Maldives, which would be the first of its type,” he said.

He further said :

“This seat of learning can be a trans-disciplinary global centre for green and blue studies – for scientists, environmentalists, researchers, policymakers, development practitioners, and of course, students the world over, to interchange knowledge transcending national and disciplinary boundaries. The envisaged Climate Change University will offer both short-term courses and postgraduate academic awards to build capabilities for mitigating and adapting to climate change. The University will also expedite the skills of the new generations to deliver the political, economic, social, cultural and digital transformations required to prevent a 1.5-degree world. It will be the vehicle to enlighten domestic climate change challenges and prospects. The collaboration of multilateral institutions and organizations such as the Commonwealth, World Bank and the ADB amongst others, will be sought for the establishment of this institution of higher learning – making it a multi-stakeholder partnership transcending – national boundaries.
I hope Sri Lanka’s proposal will receive extensive support and endorsement from the international community.”

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Tourists nowadays aren’t fools – Diana

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State Minister of Tourism Diana Gamage has warned that stern action will be taken promptly against those who are hostile to tourists visiting Sri Lanka.

She was responding to the media over the recent incident where a vendor had been hostile to a tourist over an overpriced Kottu.

Noting that tourists nowadays are not idiots and cannot be fooled, the State Minister urged such persons to refrain from such behaviour without harming the reputation of Sri Lanka as a hospitable, friendly tourist destination as well the livelihood of other such fellow businessmen as well.

Related News : 

Hostile street food owner bailed (Update)

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Complaint lodged over Piumi Hansamali’s possession of Gota’s Range Rover

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Mage Rata organization president Sanjaya Mahawatta today, lodged a complaint with the Illegal Assets Investigations Division, calling for an inquiry into model Piumi Hansamali using the Range Rover vehicle previously used  by former President Gotabaya Rajapaksa.

“It is clear that an election is near and politicians tend to inject all their saved black money into the upcoming election campaigns and it has become a good time for the people who engage with money laundering activities. 

“Accordingly, we have some doubts on how Piumi Hansamal managed to get the Range Rover vehicle (CBH 1949) which was used by former President Gotabaya Rajapaksa.

“The question arises whether the Range Rover vehicle was given to the former president or if Gotabaya has given it to Piyumi,” said Mahawatta and further alleged that the model currently resides in a super luxury apartment, owns other properties and leads an exceedingly luxurious lifestyle.

Therefore, there are suspicions that Piumi Hansamali is being utilized for money laundering activities involving politicians’ black money, he charged.

“Therefore, we have lodged a complaint with the Illegal Assets Investigations Division. The initial complaint pertains to the Range Rover vehicle previously associated with former President Gotabaya Rajapaksa and its transfer to Piumi Hansamali. This vehicle is estimated to be worth Rs. 100 million. Questions arise regarding how the vehicle came into Piumi Hansamali’s possession, the reasons behind its transfer and how she could afford such a valuable asset while primarily engaged in selling cosmetics. Additionally, it is noted that Piumi Hansamali’s has not made any television appearances lately.

“I personally know several individuals who rely on selling cosmetics for their livelihoods. But they struggle to cover their daily expenses with their modest incomes. However, Piumi Hansamali reportedly spends lakhs of rupees daily and leads a lavish lifestyle. 

“The Mage Rata organization is vigilant over the extravagant spending of politicians during election campaigns and their potential involvement in money laundering activities,” he stated.

“Hence, we anticipate an immediate investigation into this complaint,” he added.

(dailymirror.lk)

(This story, originally published by dailymirror.lk has not been edited by SLM staff)

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SL hopes to continue discussion with bondholders

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State Finance Minister Shehan Semasinghe has said today (April 17) that Sri Lanka hopes to continue discussion with the bondholders with a view to reaching common ground ahead of the IMF board consideration of the second review of Sri Lanka’s EFF program.

Sri Lankan authorities continue to engage all debt restructuring negotiations in good faith, within principles of equitable treatment among creditors, and with maximum transparency within the norms of such negotiations, he has said.

The full statement of the State Minister is as follows :

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