Sri Lanka gets ADB help to cope with climate change

Directory launched in the presence of Jagath Perera, CA Sri Lanka President, Manil Jayesinghe, CA Sri Lanka Vice President, Harsha Basnayake, Ernst & Young Asia Pacific Transaction Advisory Managing Partner, Aruni Rajakarier, Chairperson of the CA Sri Lanka Women Empowerment Committee, Anoji De Silva, Alternate Chair of the Women Empowerment Committee and Dulani Fernando, CA Sri Lanka CEO

Nov 13, 2010 (LBO) – Sri Lanka has drafted a national strategy for climate change adaptation with the support of the Asian Development Bank (ADB), a statement said. The ADB, working with the Ministry of Environment, has given technical assistance for a new framework to enable Sri Lanka’s economy and people to cope with climate change impacts, it said.

Sri Lanka needs to adapt to climate change to ensure that its economic development can continue without disruption or setbacks, and investments in poverty reduction, food and water security and public health will not be undone. said Vidhisha Samarasekara, Climate Change Specialist at ADB.

Technical studies carried out under the project reveal that the island nation can increase its resilience through efforts involving the state, private sector, civil society and the academia.

“However, there is currently a lack of urgency about what needs to be done in various sectors,” the statement said.

Sri Lanka is highly vulnerable to climate change impacts from rising temperatures, erratic rainfall patterns, rising sea levels, and more frequent and intense disasters such as floods and droughts.