Saturday, 04 October 2014 - 12:53
Sri Lanka launches 100 million dollar climate resilience effort
The Government has launched a 110 million dollar climate resilience programme that government officials say will allow it better adapt to changing climate patterns.
The four-year programme, funded through a World Bank loan, will invest 90 million dollars to improve infrastructure in three areas – flood and drought management, transport and schools.
It will also pay for a 13 million dollar effort to analyze nine main river basins to develop better flood and drought protection strategies.
In 2010-2011, a major flood in Sri Lanka caused a billion dollars of damage, and the country risks 380 million dollars a year in damages from natural disasters, according to World Bank estimates.
According to the U.N. Food and Agriculture Organisation the country’s vital rice harvest is expected to fall by at least 17 percent this year to a six year low.
The flood protection programme will spend 47 million dollars for improving infrastructure related to drainage and water systems, while another 36 million dollars will be used for similar work related to roads.