International Funding

A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.

The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.

The commitments mark a key milestone in WHO’s ongoing Investment Round, a critical drive to secure sustainable financing and strengthen the organisation’s capacity to respond to global health needs.

Retrenchment is the dominant theme on both sides. However much the West and China may wish to compete for the Global South’s affections, the constraints of their respective political economies limit their offer.

This project will help the country recover from this flood and build resilience to future floods by addressing damages to infrastructure, agriculture, and livelihoods in Eastern districts.

Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.

This is the first time the federal government will directly tap capital markets through a sustainable finance mechanism.

One of the key tenets of Buddhism is the understanding that life is connected to suffering (dukkha). But how much more can the people of Myanmar suffer?