The Central Bank of Sri Lanka (CBSL) has launched the Sri Lanka Green Finance Taxonomy. This classification system defines and categorizes environmentally sustainable economic activities. The taxonomy has been prepared in line with the international best practices while harmonizing for the local context. Therefore, it is expected to enable financial market participants to raise low-cost funding for green activities through domestic and foreign markets.
The Sri Lanka Green Finance Taxonomy would apply to all domestic and foreign market participants offering financial products, large corporations, and national and local government bodies. It can also be used as a reference by the industrial planning authorities and serve as the basis for local governments to support green industries.
The Sri Lanka Green Finance Taxonomy can be accessed using the following link: https://www.cbsl.gov.lk/sl-green-finance-taxonomy.
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