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Current state of SDG advancement globally is unsatisfactory – President
Addressing the SDG Summit 2023, President Ranil Wickremesinghe delivered a stark assessment of the global progress towards achieving the Sustainable Development Goals. He emphasized that the current state of SDG advancement globally is unsatisfactory, with only 12% of the targets on track while no progress has been made in 30% of the other critical targets.
President Wickremesinghe drew attention to the backdrop of the 2030 Agenda for Sustainable Development, encompassing the 17 SDGs, which was adopted by United Nations Member States in 2015. During the same year, the Paris Agreement, a landmark pact adopted by 196 countries at COP21, emerged as another progressive global initiative. However, the President noted that despite these ambitious endeavours, there has been a severe scarcity of resources dedicated to their successful implementation.
The global pandemic that unfolded in 2020 dealt a devastating blow to these programs. Economic growth stagnated and numerous sectors witnessed a complete absence of economic activity. This exacerbated the already existing global debt crisis, pushing many nations, including Sri Lanka, to the brink of bankruptcy. The looming question now is whether the SDGs remain achievable in the current, resource-constrained scenario.
Taking Sri Lanka as an example, President Wickremesinghe revealed that prior estimates in 2019 indicated that approximately 9% of the country’s GDP would need to be invested to attain these ambitious targets. However, the economic fallout from the pandemic and the ensuing crisis have made this goal increasingly unrealistic. The President underscored the fact that Sri Lanka’s climate prosperity plan alone requires a substantial investment of US $26.5 billion before 2030, a sum that is increasingly challenging to secure.
The dire financial situation extends beyond Sri Lanka, impacting many regions of Asia and Africa. Even countries that have managed to avoid bankruptcy are grappling with the consequences of the ongoing crisis. The G20 summit recently reaffirmed that developing nations require a staggering $5.9 trillion in financing by 2030 to fulfill their nationally determined contributions. Additionally, an annual investment of $4 trillion is essential for the adoption of clean energy technologies to achieve net-zero emissions by 2050.
President Wickremesinghe called for a critical examination of whether these figures are feasible in the face of the unprecedented financial calamity affecting many nations. He stressed that the Paris Summit for New Global Financing Act holds promise in addressing financial challenges. However, he concluded by emphasizing the urgent need to determine concrete actions to navigate this complex and daunting landscape of global financing.
(PMD)
The Indian Naval Ship (INS) Sahyadri which arrived at the Port of Colombo on a formal visit on 04 Apr 25, departed the island today (07 Apr). The Sri Lanka Navy bade customary farewell to the departing ship at the Port of Colombo, following naval traditions.
During the ship’s stay in Colombo, crew members of INS Sahyadri took part in several programmes organized by the Sri Lanka Navy, aimed at enhancing mutual cooperation. In addition, they also explored some tourist attractions in the country. Further, personnel of Sri Lanka Navy had the opportunity to visit INS Sahyadri, gaining insights into her operational capabilities.
Latest News
Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district
The Natural Hazards Early Warning Centre has issued an Advisory for Severe Lightning for the Sabaragamuwa, Central and Uva provinces and in Hambanthota district.
The advisory issued at 02.00 p.m. today [07 April 2025] is valid for the period until 11.00 p.m. 07 April 2025
The public are warned that thundershowers accompanied by severe lightning are likely to occur at several places in for Sabaragamuwa, Central and Uva provinces and in Hambantota district. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.
The report of the “Census of Population and Housing 2024,” conducted by the Department of Census and Statistics, was officially handed over to President Anura Kumara Disanayake this morning (07) at the Presidential Secretariat.
This preliminary report has been prepared based on island wide data collected between October and December 2024.
The report provides details on Sri Lanka’s population, its growth and the distribution of the population across districts.
The information gathered through the census is vital not only for the government but also for other institutions in formulating policies and development plans essential for the country’s progress. Significantly, for the first time in the history of census-collecting in Sri Lanka, data collection was carried out using tablet computers and user-friendly mobile devices.
The event was attended by Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwardana, Director General of the Department of Census and Statistics D.D.G.A. Senevirathne and several other officials.
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