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CBSL Unveils Sustainable Finance Roadmap 2.0 to Promote Climate-Resilient Economy

The Central Bank of Sri Lanka (CBSL) officially launched its Sustainable Finance Roadmap 2.0 on 5 April, marking a significant step forward in its commitment to building a climate-resilient and socially inclusive financial system.

The new roadmap reflects CBSL’s recognition of the increasing risks that climate change poses to both price stability and financial system stability. CBSL first introduced its Sustainable Finance Roadmap in 2019 to provide foundational guidance to financial institutions on managing environmental, social, and governance (ESG) risks, while also promoting financing for green and inclusive economic activities.

The updated Roadmap 2.0 has been developed in close collaboration with key stakeholders, including the Securities and Exchange Commission of Sri Lanka (SEC), the Insurance Regulatory Commission of Sri Lanka (IRCSL), the Colombo Stock Exchange (CSE), the Sri Lanka Banks’ Association (SLBA), the Finance Houses Association of Sri Lanka (FHA), as well as various financial institutions and government agencies.

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