Launch of Climate Change Secretariat and Sri
Lanka Carbon Fund
Global warming is a threat to all of us. In brief, global
warming is an increase in the average temperature of the earth.
Although, we have been told over and over again that, it is one
of the biggest threats faced by man, many of us have little
understanding about the situation or how to contribute to make
The launch of the Climate Change Secretariat and Sri Lanka
Carbon Fund would be ways of dealing with the arising problem.
The launch was held on April 28, at the Ceylon Continental
Hotel, Colombo with Senior Advisor on Climate Change, Professor
Mohan Munasinghe, Director of Climate Change and Global Affairs
Division, Anura Jayatilake, Chief Executive Officer of Sri Lanka
Carbon Fund Limited, Dr. B. M. S. Batagoda, Chief Executive
Officer of Sri Lanka Carbon Fund Limited, L. Parakrama, Prime
Minister Rathnasiri Wickramanayaka and Patali Champaka Ranawake,
Minister of Environment.
Doing it for our children
The officials were quick to point out that, it was our duty, to
take action against global warming. “We have to work with not
just ourselves, but with our children, as well. It is they, who
are going to feel the brunt of our actions. The problems are
very serious and we know, what to do. We need to reorganise and
take control,” said Prof. Munasinghe.
Another major issue is that, poor countries of the world, are
affected mostly by global warming. But the irony is that, most
of the time, they are the ones, who contribute less, to global
warming, since they emit relatively less toxic gases, to the
environment, compared to industrialised nations.
“The poor countries and most vulnerable citizens, will suffer
the most, even though, they have contributed less to global
warming. The climate change is not a future scenario. The world
does not lack financial resources, or the technological
capabilities, to act. What is missing is a sense of urgency,
human solidarity and collective interest,” Prof. Munasinghe
Causes and effects
Although, natural phenomenon contributes to global warming, it
is the acts of humans, which contribute mostly, to global
“Climate change can be caused by human influence, as well as,
natural phenomenon,” Senior Advisor on Climate Change said.
“However the ‘Fourth Assessment Report of the Intergovernmental
Panel on Climate Change (IPCC)’ leaves us with no doubt that,
human activity is the primary driver of the observed changes, in
climate. These changes can be caused by the release of
greenhouse gases, aerosols and cloudiness. The largest known
contribution comes from the burning of fossil fuels. Abundance
of these particles can lead to a warming or cooling, of the
Effects of climate
- An increase in the surface temperature.
- A rise in the sea level.
- Decrease in snow and ice.
- Changes in precipitation.
- Inequity and poverty.
- Conflicts over anything else, that is vital.
Climate change and development
Prof. Munasinghe was also quick to point out the development
implications, of global warming. Climate change affects
natural resources, that are vital in development.
“Climate change affects the natural resource base, and
therefore development. In turn, during the development
process, carbon emissions are released, and therefore, cause
a change in the climate. We are not only talking about
solutions from the Government, but also other businesses.
They are the movers and the shakers, and both have to work
together, to do something without blaming,” said Prof.
Dealing with the problem
So, what can we do, to solve this problem? Where does Sri
Lanka stand and its point of view? The government of Sri
Lanka, in support of the attempts made by the global
community, towards addressing the challenges of climate
change, has ratified the United Nations Framework Convention
for Climate Change. Although Sri Lanka, is a low greenhouse
gas emitting country, with no commitment to reduce the
greenhouse gas emissions under the Kyoto Protocol, acceded
In order to comply with the requirements of the UNFCCC, Sri
Lanka has prepared its first Green House Gas (GHG) Inventory
in 1994. As a developing country, Sri Lanka is faced with
several challenges, in responding to Climate Change. The
main challenge is the poverty of vulnerable communities.
Lack of awareness among policy makers and decision makers,
lack of coherent effort, to integrate climate change
dimensions, into the main development framework of the
country, inadequate financial resources etc, appear to be
key constraints, in responding to climate change.
Sri Lanka’s approach to solve these issues, has been in many
ways. The founding of the Sri Lanka Carbon Fund on April 9,
aims at reducing the carbon emission of our country, to an
estimated amount of 6,232,468 tons of carbon per year. Out
of the total 15 million tons of carbon, marketed in the
international market, so far Sri Lanka has sold only 174,000
tons of carbon. This is mainly due to the fact that, Sri
Lankan carbon emission reduction projects are so small, and
hence less competitive, in the international market, and
there is no mechanism, to bundle small projects in to
economically viable projects.
Objectives of the SLCF
To provide technical and financial assistance to the CDM
Project developers for the preparation of project
To facilitate CDM sales agreement negotiations.
- To facilitate CDM bundling of small CDM projects
- To facilitate access to capital funding for CDM
projects, through commercial banks.
- To provide investment capital for CDM projects.
- To engage in carbon trading, through purchasing and
subsequent sale for carbon credit.
- The Climate Change Secretariat has been established,
at the Minitry of Environment and Natural Resources for
the UNFCCC and Kyoto Protocol.
Objectives of CCS
Provide a platform to address climate change issues at
the national level.
Serve as the dedicated institutional mechanism on
climate change responses.
Function as the repository databank of Climate Change
Facilitate climate change related search and
distribution of research results, to trigger policy
reforms and actions.
Establish a mechanism, to monitor impacts of responses
to Climate Change.
Liaise with the Secretariat to the UNFCCC and discharge
Sri Lanka’s Serve as Secretariat for Designated National
Authority for CDM projects.
Provide a one step facility, to disseminate information,
relating to the implementation of the decisions taken at
the UNFCCC/COP meetings and Meeting of Parties to the
We should be aware of, what our world is coming to. We
can no longer be just safe, but we need to understand
the problems at hand, come together and work as a team,
in order to make it through bad times. As Prof.
Munasinghe mentioned, “We know, what we need to do,” so,
let us do just that.