• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance Economic Policies

Sri Lanka inks deal with Sinopec for US$3.7bn refinery todayheadline

January 16, 2025
in Economic Policies
Reading Time: 2 mins read
A A
0
3
SHARES
7
VIEWS
Share on FacebookShare on Twitter


ECONOMYNEXT – Green finance is getting greater attention in Sri Lanka, a policy think tank survey of 20 financial institutions has found, with a majority saying that over the next decade they anticipate it will make up close to 25 percent of their lending portfolio.

“Banks and finance companies see it as a new area for lending, and the number of potential projects that need finance keep growing,” the Centre for a Smart Future (CSF) said of its Green Finance Maturity Assessment 2024 report.

CSF collaborated with Biodiversity Sri Lanka to survey 20 financial institutions to understand multiple aspects of their engagement with green finance.

The survey showed that there is strong strategic recognition at board and senior management level, with many financial institutions having a board-approved policy or other form of internal guideline.

“Majority of financial institutions say that over the next 10 years they anticipate up to 25% of their lending portfolio will be projects that utilize green finance.”

However, CSF noted, this agenda is a work in progress as most of the green finance activities are in green lending, with much less on green deposit mobilization.

“The majority of green lending is still limited to mitigation activities. ‘Installation of renewable energy like solar (residential, office, industrial)’ was the top purpose for customers borrowing green facilities.

“Financial institutions reported that their SME customers have limited understanding on green products and potential of green finance, and so more awareness is needed.”

According to the survey, the ‘lack of credit department’s knowledge on environmental issues’ was cited as a top challenge by FIs in assessing green credit proposals.

“While majority of FIs report they engage with environmental organisations to better understand risks and risk mitigation, very few engage with them to inform their green lending products.”

The full report can be accessed here. (Colombo/Jan16/2025)


Continue Reading

Tags: DealinksLankarefinerySinopecSritodayheadlineUS3.7bn
Previous Post

Study Reveals Intermittent Fasting Has 2 Key Benefits For People With Obesity : ScienceAlert todayheadline

Next Post

Blue Origin’s New Glenn rocket lifts off from Florida in debut mission By Reuters todayheadline

Related Posts

ET logo

Assam: Duliajan comes to a complete halt as student bodies, civil organisations call for bandh todayheadline

May 23, 2025
5
'Bad ideas coming back': Trump slammed for latest 'nuts' economic proposals

‘Bad ideas coming back’: Trump slammed for latest ‘nuts’ economic proposals todayheadline

May 23, 2025
4
Next Post
Blue Origin's New Glenn rocket lifts off from Florida in debut mission By Reuters

Blue Origin's New Glenn rocket lifts off from Florida in debut mission By Reuters todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Russia and Ukraine say a major prisoner swap has begun

Russia and Ukraine say a major prisoner swap has begun

May 23, 2025
Can EU secure a US trade pact despite Trump's new threat? – DW – 05/23/2025

Can EU secure a US trade pact despite Trump’s new threat? – DW – 05/23/2025

May 23, 2025
Pakistan, Afghanistan move towards ‘restoring ties’ in talks with China

Pakistan, Afghanistan move towards ‘restoring ties’ in talks with China

May 23, 2025

Trump threatens Apple with tariffs. He has been making such threats since 2016.

May 23, 2025

Recent News

Russia and Ukraine say a major prisoner swap has begun

Russia and Ukraine say a major prisoner swap has begun

May 23, 2025
0
Can EU secure a US trade pact despite Trump's new threat? – DW – 05/23/2025

Can EU secure a US trade pact despite Trump’s new threat? – DW – 05/23/2025

May 23, 2025
1
Pakistan, Afghanistan move towards ‘restoring ties’ in talks with China

Pakistan, Afghanistan move towards ‘restoring ties’ in talks with China

May 23, 2025
5

Trump threatens Apple with tariffs. He has been making such threats since 2016.

May 23, 2025
5

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Russia and Ukraine say a major prisoner swap has begun

Russia and Ukraine say a major prisoner swap has begun

May 23, 2025
Can EU secure a US trade pact despite Trump's new threat? – DW – 05/23/2025

Can EU secure a US trade pact despite Trump’s new threat? – DW – 05/23/2025

May 23, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co