SL needs Rs. 30 bn to achieve biodiversity targets

INSUBCONTINENT EXCLUSIVE:
Sri Lanka needs to invest Rs
30 billion over the next five years to achieve national biodiversity targets and to avoid future expenses related to biodiversity
restoration and management, according to the Roadmap for Sustainable Finance report
The country may face a 1.2 percent loss of annual GDP by 2050 if effective measures are not taken to address climate change related issues,
International Finance Corporation, Country officer for Sri Lanka and the Maldives Victor Anthonypillai said at the launch of the report by
Central Bank of Sri Lanka (CBSL) in Colombo yesterday.