The International Finance Corporation (IFC) recently organized ‘Sri Lanka Climate Finance Workshop’ to deliberate on the importance of climate finance opportunities and challenges for financial institutions in Sri Lanka. The event brought together key public and private sector stakeholders with discussions focusing on emerging green finance opportunities and innovative financing structures, opportunities in climate smart agriculture and green buildings as well as on future of the electric vehicle market in Sri Lanka. The workshop also included sessions on lessons learnt on green bonds and sustainability in the apparel industry.
The keynote address of the event was delivered by K.M.A.N. Daulagala, Deputy Governor of the Central Bank of Sri Lanka, and remarks on IFC’s role in advancing climate finance were delivered by Alejandro Alvarez de la Campa, Country Manager for IFC Sri Lanka and Maldives and by Joon Young Park, IFC’s Portfolio Manager, Financial Institutions Group for South Asia.