JUNE 5, 2024
To What Extent Do Sri Lankan Financial Institutions Integrate Environmental Considerations?
Beach cleanups, tree planting programmes, and commitments to recycling. These are some of the common ways in which Sri Lankan financial institutions typically market World Environment Day, falling each year on the 5th of June. Yet, there are major outstanding questions as to whether the country's financial institutions are effectively orienting themselves to meet the environmental challenges emerging in the country, and ensure that capital flows in the direction needed to foster a nature-positive economic recovery for Sri Lanka. New research by CSF shows that Sri Lankan financial institutions have some way to go in demonstrating environmental integration in their business.
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