Sri Lanka Takes Leap Towards Green Finance: CBSL Unveils Sustainable Finance Roadmap 2.0

In a significant step towards promoting a climate-resilient and socially inclusive financial system, the Central Bank of Sri Lanka (CBSL) launched the Sustainable Finance Roadmap 2.0 on April 5. This innovative initiative aims to integrate environmental, social, and governance (ESG) considerations into the country's financial sector, driving sustainable economic growth and development. By adopting sustainable finance practices, Sri Lanka is poised to reduce its carbon footprint, mitigate climate change risks, and create a more equitable society. The roadmap is expected to play a crucial role in shaping the country's financial landscape, with a focus on green banking, sustainable investing, and climate risk management. As the world shifts towards a more sustainable future, Sri Lanka's commitment to sustainable finance is a testament to its dedication to creating a better tomorrow. With the launch of the Sustainable Finance Roadmap 2.0, the country is taking a significant leap towards achieving its sustainable development goals, including reducing greenhouse gas emissions and promoting sustainable development. Key areas of focus include climate finance, sustainable development, and environmental sustainability.