Sri Lanka adopts National Climate Finance Strategy 2025–2030 to attract investment
September 10, 2025
Cabinet Spokesperson and Health and Mass Media Minister Dr. Nalinda Jayatissa said yesterday the Cabinet of Ministers approved the declaration and implementation of the Sri Lanka National Climate Finance Strategy (2025–2030) to mobilise private capital into climate-resilient and low-carbon sectors.
“Sri Lanka has been identified by the Global Climate Risk Index as a country at high risk of climate-related catastrophic weather events, with annual losses estimated at more than 2% of GDP. To mitigate and adapt to these risks, the Government should invest around $ 500 million each year in climate-resilient infrastructure, equal to 0.5% of GDP, which the National Budget cannot sustain,” Dr. Jayatissa said.
He said significant investments are therefore required in renewable energy, agriculture, fisheries, and climate-resilient infrastructure, and that the new strategy provides a structured system to attract green investments beyond traditional budget financing.
This achievement by the Ministry of Finance marks vital progress in bridging the ‘adaptation gap’ – the vast difference between the resources needed to build resilience to climate change and what’s currently available. Led by the Ministry of Finance, this work was supported by the UNDP-led Climate Finance Network.