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EU gives Sri Lanka 8mn for biodiversity conservation and solid waste management

ECONOMYNEXT – Sri Lanka has signed an 8 million euro grant agreement with the European Union to launch a new initiative aimed at fostering sustainable economic recovery through improved biodiversity conservation and solid waste management, the Ministry of Finance said. The 8 million euro grant will support biodiversity conservation by restoring degraded ecosystems, implementing targeted conservation strategies, and promoting sustainable land-use practices. “Biodiversity is one of the most important assets of Sri Lanka, and through this project we will work together with the authorities to strengthen its protection by improving management of waste,” EU Ambassador Carmen Moreno said. The European…

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