What policies are needed to support Sri Lankan industries to decarbonize?

Imported fossil fuels currently supply around half of Sri Lanka’s energy demand. This has resulted in challenging cost rises for many businesses in recent years. Sri Lanka is also experiencing the worst effects of climate change. These factors combined mean the need to move to renewable energy and reduce energy waste has never been greater.

To build the energy security needed for Sri Lanka’s economy to thrive and to reduce emissions, the Sri Lankan government has pledged that 70 per cent of energy in the country will come from renewable sources by 2030.

For more information, read the full diagnostic assessment report.

 

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