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  1. Climate shocks are threatening Sri Lanka's economic stability, leading the Asian Development Bank to provide emergency assistance financing for recovery efforts.

ADB approved $57.4 million financing for a clean energy solar project involving Lanka Electricity Company in Sri Lanka.

3 reports, 1 independent Updated Jun 1
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What happened

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ADB approved $57.4 million financing for a clean energy solar project involving Lanka Electricity Company in Sri Lanka.

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What this event is mainly about
Sri LankaAsian Development Bank

How it developed

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  1. ADB finances a solar project with LEC in Sri Lanka.1 source
  2. EU provided $16.9M grant alongside ADB's $57.4M financing for Lanka Electricity Company.1 source

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Climate shocks are threatening Sri Lanka's economic stability, leading the Asian Development Bank to provide emergency assistance financing for recovery efforts. All 3 developments

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