COLOMBO: Sri Lanka will stop development new coal-fired energy vegetation and reach net-zero carbon emissions via 2050, President Gotabaya Rajapaksa stated in an deal with to the United International locations Global Power Discussion board on Friday.
Sri Lanka has set a goal of accomplishing 70% of all its power necessities from renewable resources via 2030.
“Sri Lanka is excited to be a co-lead of the Power Compact for No New Coal Energy,” Rajapaksa stated.
Governments together with Sri Lanka, Chile, Denmark, France, Germany, Montenegro, and the United Kingdom have introduced a No New Coal Energy Compact to halt the development of coal-fired energy vegetation, in step with local weather advocacy workforce Sustainable Power for All.
Renewable power resources akin to wind and sun, and small and massive hydro energy vegetation in combination account for part of the island country’s put in electrical energy capability, with coal and oil-fired energy accounting for the remainder.
Renewable and hydroelectric energy recently account for approximately 35% of the rustic’s energy call for.
“Our purpose is to transition clear of fossil fuels, advertise de-carbonization, and make Sri Lanka a carbon impartial nation via 2050,” he stated on Friday.
Confronted with what they see as an existential danger, leaders from low-lying and island countries implored wealthy nations on the United International locations Basic Meeting this week to behave extra forcefully in opposition to a warming planet.
Sri Lanka is the most recent Asian nation to pledge an finish to development new coal-fired energy, following equivalent strikes via South Korea and Japan previous this yr. Asia accounts for a lion’s proportion of world coal intake.
Sri Lanka’s announcement follows China’s pledge not to construct new coal-fired energy tasks in a foreign country on the United International locations Basic Meeting previous this week.
China has important investments in infrastructure and effort tasks in Asian nations akin to Sri Lanka and Pakistan, and in African nations akin to Kenya.
Sri Lanka may also discourage imports of fossil fuel-powered automobiles, inspire adoption of electrical vehicles and investments in inexperienced power, Rajapaksa stated.
“I request nations that experience the desired functions to reinforce creating countries as they strive this transition to extra sustainable power technology,” he stated.
(Further reporting via Waruna Karunatilake in Colombo; writing via Sudarshan Varadhan; Modifying via Aurora Ellis)
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