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“Widespread economic crises, a challenge impeding efforts to combat climate change”

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President Ranil Wickremesinghe emphasized that the world’s most biodiverse regions are found in tropical countries and he proposed the launch of a dedicated program to support these nations in addressing future climate change challenges.

He highlighted that 80% of the world’s endemic plants, as well as 50% of all coral reefs and mangroves are located in tropical regions. Sri Lanka, he noted, is actively working towards the establishment of an international university focused on climate change, capitalizing on this unique ecological context.

President Ranil Wickremesinghe made these remarks during his address at the high-level conference “Green silk road for harmony with nature”  held at the China International Conference Hall today (18), in conjunction with the 3rd “Belt and Road Initiative” International forum. 

The conference was chaired by Mr. Han Zheng, Vice President of the People’s Republic of China. The United Nations Secretary-General, Antonio Guterres and leaders from other participating countries also shared their insights.

Furthermore, President Ranil Wickremesinghe elaborated on the establishment of an international university dedicated to climate change which aims to lay the groundwork for conducting relevant research and implementing protective measures to address the pressing global crises of climate change, environmental pollution and biodiversity destruction. President Wickremesinghe strongly advocated for immediate action in these areas.

Expressing his views further, President Ranil Wickremesinghe said; 

“Through this university, we have set three primary objectives. First and foremost, our focus is on researching measures for collective security and the common good. Secondly, we aim to foster knowledge sharing among the global community. Lastly, we are committed to providing practical education.

To mitigate the impacts of climate change, this institution delves into a comprehensive array of strategies across diverse fields, encompassing rigorous research, structural reforms within relevant organizations, international cooperation, community engagement and more. It serves as a valuable source of knowledge, research and solutions aimed at limiting global warming to a level of 1.5 degrees C. In this endeavour, the university assumes a pivotal role in the battle against climate change.

One significant challenge impeding global efforts to combat climate change is the widespread economic crises afflicting many countries. These crises have rendered participation in climate change mitigation an exceedingly intricate and daunting task.

The most effective approach is for the entire global community to unite and collaboratively seek solutions to this pressing issue. In this context, I would like to propose three key suggestions.

Firstly, offering debt relief to low-income countries can significantly alleviate their economic burdens and enable them to actively participate in climate change mitigation efforts. Secondly, providing access to concessional loans for high-income countries can facilitate their engagement in sustainable practices. Lastly, we should consider channelling additional funding through multilateral organizations, including the Asian Infrastructure Investment Bank, to support climate-related initiatives.

It’s worth noting that there are 150 tropical countries, with 88 of them participating in the Belt and Road initiative. This tropical region encompasses 40% of the world’s total land area and is home to 40% of the global population. In light of this, I would like to express my gratitude to the Republic of China, under the leadership of President Xi Jinping, for organizing this conference, recognizing environmental concerns as a fundamental aspect of sustainable development.

During the Asia-Pacific Belt and Road High-Level Summit in 2021, Sri Lanka wholeheartedly endorsed the Green Silk Road initiative and our commitment to supporting this initiative remains steadfast.”

(President’s Media Division)

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A few showers expected today

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A few showers will occur in the Western, Sabaragamuwa and North-western provinces and in the Nuwara-Eliya, Kandy, Galle and Matara districts today (July 01), the Department of Meteorology.

Fairly strong winds of about 30-40kmph can be expected at times over the Western slopes of the central hills and in the Northern, North-central and North-western provinces and in the Trincomalee and Hambantota districts.

The general public has been requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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Fuel prices upped

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The Ceylon Petroleum Corporation (CPC) has announced a revision of fuel prices, effective from midnight today (June 30).

The price of Petrol 92 Octane has been increased by Rs. 12 to Rs. 305 per litre, while the price of Kerosene has been increased by Rs. 07 to Rs. 185 per litre. The price of Auto Diesel has also been increased by Rs. 15, bringing it to Rs. 289 per litre.

However, the prices of Petrol 95 Octane and Super Diesel remain unchanged, according to Ceypetco.

The new fuel prices are as follows:

• Petrol Octane 92 – Rs. 305 (increased by Rs. 12)
• Auto Diesel – Rs. 289 (increased by Rs. 15)
• Kerosene – Rs. 185 (increased by Rs. 7)
• Petrol Octane 95 – Rs. 341 (not revised)
• Super Diesel – Rs. 325 (not revised)

Meanwhile, Lanka IOC has also revised retail fuel prices to match Ceypetco prices.

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Ex-minister Gamini Lokuge passes away

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Former Minister and veteran politician Gamini Lokuge has passed away today (June 30) at the age of 82.

Commencing his political career in 1960 as a member of the United National Party, his first successful national-level campaign came in 1983, when he was elected by a clear majority to represent the Kesbewa District.

He served as Minister of Tourism during the UNP-led governments in 1989 and 2002. In 2006, following personal disagreements with then UNP leader Ranil Wickremesinghe, he crossed over to the government of former President Mahinda Rajapaksa.

In January 2007, Lokuge was appointed Minister of Sports and Public Recreation. He was re-elected to Parliament in both 2010 and 2015.

On 27 November 2019, he was appointed State Minister for Urban Development, and on 12 August 2020, he assumed duties as the Cabinet Minister of Transport.

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