The government has focused attention on bringing in foreign investors to Sri Lanka for climate change mitigation projects.
The President’s Media Division said the government’s plan is to bring in foreign investors to achieve the three goals, achieving a 70 percent renewable energy target, achieving carbon neutrality by 2050, and exploring the international market for carbon emission permits.
A discussion in this regard was held on Monday (19) at the Presidential Secretariat under the chairmanship of Presidential Adviser on Climate Change Ruwan Wijewardene, and Presidential Adviser on International Climate Change Eric Solheim.
Solheim shared his knowledge on future energy sources such as concessional climate finance, carbon credits, carbon markets, renewable energy and hydrogen with officials present at the discussion.
Commenting on renewable energy, Solheim said countries like India and China have many strong advantages and Sri Lanka too can achieve the same advantages.
He further said he believes that President Ranil Wickremesinghe will solve all issues that have affected the country.
Wijewardene meanwhile stated that the renewable energy sector is rapidly growing and there are a large number of investors in Europe, America, Canada and other countries.
He said those investments should be brought in so that the people of Sri Lanka will be benefited, and he also said that close attention should be paid to this while formulating policies.
Wijewardene further mentioned said a conference on renewable energy is scheduled to be held in the near future, which would help attract investors.
Secretary to the Ministry of Environment Anil Jasinghe, Director of the Climate Change Office Kumuduni Vidyalankara, Assistant Director RMRD Weerasuriya, Additional Director General of the Department of External Sources Udeni Udugahapatthu, Director of the Ministry of Power and Energy Pandula de Silva, Sri Lanka Electricity Board Deputy General Manager Engineer M.L. Weerasinghe, Chief Engineer Vajira Wijekoon, Chief Engineer K. Ramji, Sajana Suriyarachchi, Mr. Hashan Jayakodi and representatives of Sunitya Energy Authority also participated in this discussion.
