News / #Paris Agreement
Despite being highly vulnerable to climate risk, Sri Lanka is slow to tap into climate funding due to a range of issues including inadequate data systems, institutional weaknesses and limited capacity to design and implement viable projects.
Nearly a tenth of global climate finance could be under threat as US president Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas.
As the United States steps back from climate efforts, people will start looking to China for 'additional leadership', says incoming summit chief André Aranha Corrêa do Lago. His comments come as more are asking China and India to step up, including to lead on driving climate finance.
The country met its 1.5 gigawatt-peak solar deployment goal in end-2024 and has expanded its Article 6 offset pool under a new Bhutan pact, following similar deals with Ghana and Papua New Guinea, a senior minister revealed in parliament.
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