(Reuters) - Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.
Sri Lanka will focus on green financing tools, including debt for nature swaps as it attempts to reach the net zero target, Wickremesinghe told Reuters in an interview. But he added it does not have immediate plans to utilise green bonds.
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