National Climate Finance Strategy of Sri Lanka (2025-2030)
Launch of the National Climate Finance Strategy Sri Lanka (2025–2030): Turning a New Page in Public Financing
The Ministry of Finance, Planning and Economic Development officially launched the National Climate Finance Strategy of Sri Lanka (2025–2030) on 24 October 2025, marking a major milestone in the country’s commitment to building a climate-resilient and low-carbon economy, taking into account our national economic and social priorities. The Strategy represents a significant step forward in broadening the scope of public finance beyond the traditional national budget by establishing a coordinated approach to integrating climate priorities into fiscal planning, investment decisions, and national development programs.
Developed through extensive consultations with over 35 public sector agencies — including ministries, departments, and key national institutions — the Strategy provides a comprehensive framework to guide Sri Lanka’s efforts in mobilizing and managing financial resources for climate action over the next five years. The first review of the Strategy is scheduled for 2027, allowing the Government to assess its effectiveness and adapt to emerging financial and policy needs.
Supported by the United Nations Development Programme (UNDP) and the Government of the United Kingdom through the Climate Action for Resilient Asia (CARA) Programme, the Strategy reflects a strong partnership between national institutions and international development partners in advancing sustainable finance solutions.
The Strategy identifies twelve key financial instruments and mechanisms designed to attract both domestic and international investment for climate action. Together, these instruments aim to channel resources into climate-resilient infrastructure, sustainable agriculture, renewable energy, and other priority sectors that contribute to national resilience and long-term economic stability.
Speaking at the launch, Dr. Harshana Suriyapperuma, Secretary to the Treasury and the Ministry of Finance, Planning and Economic Development, emphasized the strategic importance of the initiative:
“Sri Lanka has recognized the importance to make sure that vulnerabilities are addressed, the country is well-prepared, and a planned approach— instead of a reactive approach— is available for our engagements. These actions require financing. They require planning and coordinated efforts. As the Government, with limited resources at disposal, we won’t be able to combat it alone and channel much needed finances from the other areas which are of equal demand. It is important to have a plan to attract other partners for funding. To invite the private sector to take part in this journey for financing climate-related activities. Sri Lanka has already begun that journey to create products and instruments. For Sri Lanka —in particular given our dependency and exposure to tourism industry, agricultural industry, and marine economy that we are planning to develop further —the stakes are high unless we act now. I am pleased to announce that the government is committed in that direction to ensure that we prepare ourselves well; we coordinate with the partners who have expertise in this area; and invite investors to take part in this journey along with us.”
National Climate Finance Strategy of Sri Lanka (2025-2030) is available for download below.
