COVER STORY

The green-blue economy revolves around promoting sustainable development by focussing on reducing carbon emissions, improving resource efficiency and fostering social inclusiveness.

This recognition of natural capital as an economic asset benefits not only the environment but also marginalised communities reliant on natural resources. It’s a vision that combines economic growth, environmental stewardship and social justice to transform our world for the better.

As an island nation, Sri Lanka has a valuable opportunity to embrace the blue economy, which complements the green economy by emphasising the sustainable utilisation and management of ocean resources.

The country’s diverse natural resources and expansive coastal waters make it a perfect candidate for embracing the green economy and achieving sustainable development.

Sri Lanka finds itself at a crucial point, aiming to achieve sustainable development and establish a responsible global presence. In this endeavour, sustainable finance and private capital have emerged as catalysts for change, presenting a distinct opportunity to tackle urgent environmental and social issues while fostering economic growth.

By incorporating sustainability principles into its financial systems and attracting private funds, Sri Lanka can explore fresh channels of investment, draw international capital, and cultivate a resilient and inclusive economy.

Such economies provide opportunities for economic growth, job creation and social development in local communities.