State Minister of Finance, Shehan Semasinghe, took part in the Commonwealth Finance Minister's meeting held on the sidelines of the IMF and World Bank Annual meetings. The meeting primarily revolved around discussing essential measures for bolstering financial support for climate change initiatives and green financing, with a particular focus on fostering sustainable, resilient, and inclusive development.
The Commonwealth Finance Minister's gathering brought together finance ministers from member countries of the Commonwealth to deliberate on significant financial matters related to climate change and green financing. These discussions are increasingly crucial, given the global urgency to combat climate change and promote eco-friendly, sustainable practices.
During the meeting, Minister Shehan Semasinghe contributed to the discourse by highlighting Sri Lanka's commitment to addressing climate change and emphasized the importance of mobilizing funds for green projects and sustainable development efforts. He stressed that Sri Lanka recognizes the significance of curbing climate change and is eager to engage with the international community to achieve climate-related objectives.
The discussions also encompassed topics related to financing mechanisms, climate resilience strategies, and the need to channel more financial resources into initiatives that combat climate change and promote environmentally friendly practices.