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New Partnership to Foster Climate Resilience in Sri Lanka as IFC’s South Asia Regional Director Visits to Emphasize Support for the Nation’s Development Agenda
“Sustainability is at the heart of IFC’s mission in Sri Lanka. Our latest partnership with CDB allows us to leverage our expertise, including a deep understanding of the nation’s financial markets in Sri Lanka and a strong local presence. In alignment with government priorities, IFC is committed to advancing Sri Lanka’s climate agenda, fostering economic stability, and creating jobs and opportunities. We focus on an inclusive transition that prioritizes people, jobs, and long-term development. Given the nascent market for green finance in Sri Lanka, IFC aims to support financial institutions by building their capacity and helping them align their lending portfolios with changing climate scenarios,” said Fakhoury.