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Location of Sri Lanka. Environmental issues in Sri Lanka include large-scale logging of forests and degradation of mangroves, coral reefs and soil. Air pollution and water pollution are challenges for Sri Lanka since both cause negative health impacts. Overfishing and insufficient waste management, especially in rural areas, leads to ...
Demonstrating its leadership in sustainable finance and commitment to reducing environmental impact, DFCC Bank became the first Sri Lankan entity to secure accreditation from the Green Climate Fund (GCF) in July 2023 and subsequently issued Sri Lanka's first green bond listed on the Colombo Stock Exchange in 2024.
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
It is considered as one of the most systemically important banks in Sri Lanka. It is the largest lender to Sri Lanka's Small and Medium Enterprise sector. [7] The Ministry of Finance of Sri Lanka revealed that the Commercial Bank of Ceylon was the biggest lender to SME sector for the year 2020 amounting to an estimated amount of 21.6 billion ...
Sri Lanka closed schools on Monday as heavy rain triggered floods and mudslides in many parts of the island nation, leaving at least 10 people dead and six others missing, officials said. The ...
Ruins of a 2,000 year old hospital in the historical city of Anuradhapura. Sri Lankan medical traditions records back to pre historic era. Besides a number of medical discoveries that are only now being acknowledged by western medicine, according to the Mahawansa, the ancient chronicle of Sinhalese royalty King Pandukabhaya had lying-in-homes and hospitals (Sivikasotthi-Sala) built in various ...
COLOMBO (Reuters) -Sri Lanka will enter into an agreement with the World Bank for $500 million in budgetary support after the cabinet approved it on Tuesday, the biggest funding tranche for the ...
Most of the Village Hydro Schemes (VHS) in Sri Lanka are aided by RERED project funded by World Bank and Global Environment Facility (GEF) these initiatives have established 100-150 Village Hydro Schemes in the country with capacities ranging from 3-50 kW. However, off-grid generation is a diminishing component on the supply side.