July 31, 2024

2min4
The Maldives Monetary Authority (MMA), the country’s central bank, has announced the development of a Green Finance Taxonomy. The Maldives, being a Small-Island Development State (SIDC), is at extreme risk several areas of vulnerability from climate change. This includes rising sea levels, sea surface temperature, erosion, droughts, bleaching of coral reefs, vector borne diseases – […]

May 13, 2022
SL-Green-Taxonomy-Launch1.jpg

6min2
        Colombo, Sri Lanka, May 13, 2022—The Central Bank of Sri Lanka, with support from the International Finance Corporation (IFC) has launched a series of guidelines – known as the Sri Lanka Green Finance Taxonomy – designed to help channel financing for sustainable, environmentally friendly products and services while supporting the country’s […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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