News
Unravelling carbon credits and blue forest finance: a solution or another scam?
Nations Trust WNPS Monthly Lecture
Lecture by Dr Mat Vanderklift, Globally recognized expert in blue carbon ecosystems on Thursday, 12th December, 6 pm at Jasmine Hall, BMICH
Mangroves, seagrasses, and tidal marshes—known as “blue carbon ecosystems”—play a vital role in absorbing carbon dioxide, making them essential in climate change mitigation. These ecosystems not only bolster food security and livelihoods by supporting fisheries and tourism but also offer adaptive solutions for coastal communities to combat the effects of climate change and mitigate extreme events.
Securing funding for their protection and restoration, however, remains challenging. Private-sector partnerships can drive investment through various avenues, with market-based mechanisms being among the most widely adopted. As the demand for carbon, biodiversity, and nature markets grows, identifying robust, high-integrity crediting schemes and metrics is essential to ensure their success.
This lecture will delve into innovative approaches to blue carbon, biodiversity, and nature financing, addressing the challenges and opportunities within this evolving field. It will provide critical insights for corporate sustainability leaders, conservation heads, and professionals developing environmental strategies, emphasizing the importance of partnerships in achieving climate and biodiversity goals.
The NTB WNPS Lecture plays a crucial role in enabling impactful knowledge-sharing sessions. Through capacity building and fostering strategic partnerships, WNPS remains at the forefront of driving innovative solutions for climate change and biodiversity conservation
Dr. Mat Vanderklift
Dr. Mat Vanderklift, a globally recognized expert in blue carbon ecosystems, has over 30 years of research experience across the Indian Ocean, Mediterranean, and Caribbean Seas. As a scientist at CSIRO Environment, Australia’s national science agency, and the Director of the IORA Blue Carbon Hub, he has made pioneering contributions to advancing blue carbon ecosystem understanding and management.
Dr. Vanderklift’s work has shaped global policies and strategies for sustainable ecosystem management, with a focus on leveraging governance and financial frameworks for climate mitigation and adaptation.
The lecture, supported by Nations Trust Bank, is free and open to both members and non-members.
Prime Minister Dr. Harini Amarasuriya met with the Managing Director of the International Monetary Fund (IMF), Dr. Kristalina Georgieva, at Temple Tress on the 17th of February
Dr. Georgieva, commended the Government’s efforts in stabilizing the country’s economy and in managing recent economic and natural shocks. She noted that Cyclone Ditwah had caused severe impacts, especially on economically vulnerable communities, underscoring the importance of targeted support and resilience-building measures.
The Prime Minister expressed appreciation for the IMF’s continued support to Sri Lanka, particularly in the aftermath of Cyclone Ditwah. The PM further emphasized that real economic recovery and development must directly benefit the economically vulnerable groups and ensure inclusive growth, highlighting the need for Sri Lanka to attract quality and sustainable investments, particularly in the tourism sector.
The importance of reforming the education system to focus not only on knowledge acquisition but also on skills development and employability was also discussed
The meeting was attended by the Chief of Staff of the IMF Managing Director Andreas Bauer, Director, Asia and Pacific Department, Dr. Krishna Srinivasan Division Chief (Strategic Communications), Communications Department, Pierre Mejlak Resident Representative for Sri Lanka Dr. Martha Woldemichael, Governor of the Central Bank of Sri Lanka Dr. P. Nandalal Weerasinghe, and Deputy Governor Dr. C. Amarasekara, Secretary to the Prime Minister Pradeep Saputhanthri and Additional Secretary to the Prime Minister Ms. Sagarika Bogahawatta.
[Prime Minister’s Media Division]
The Cabinet of Ministers approved the resolution forwarded by the Minister of Health and Mass Media to relocate the Deniyaya Base Hospital after constructing a new hospital with a capacity of 300 beds at an estimated cost of Rupees 6,000 million.
The Southern Provincial Department of Health has acquired a plot of land in Handford estate which is approximately 03 kilometres away from the town for this purpose.
News
Cabinet nod to legally empower methodology for implementing the ‘Praja Shakthi’ poverty alleviation national movement
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