Sri Lanka’s Policy for
Decarbonization and Expectations
for the JCM
K.N.K.Vidyalankara
Director (Environment Planning and Economics)

Sri Lanka’s Policy Framework for decarbonizationin the global context
Party to the
UNFCCC ,KP andIts Paris
Agreement

Clean
Development
Mechanism-15
projects

Carbon Net Zero
2050 Roadmap
and Strategic Plan
Sri Lanka

NationallyDeterminedContributions(NDCs)in 2021

Climate ProsperityPlanNationally Determined Contributions (NDCs)

Emission Reduction Targets of the NDCs
14.5% emission
reduction
against theBusiness-asUsual Scenario
from the periodof 2021-2030Sector

Unconditional%

Conditional%

Electricity

5%

20%

Waste

8.5%

2.5%

Industry4%3%Agriculture & Livestock

4%

3%

Transport

1%3%

Forestry2%5%Overall4%

10.5%

Energy
Sector• Enhance renewable energy (RE) contribution to the national
electrification generation mix by increasing solar PV, wind, hydro,
and sustainable biomass-based electricity generation• Implement Demand Side Management (DSM) measures bypromoting energy-efficient equipment, technologies, and system
improvements in a national Energy Efficiency Improvement andConservation (EEI&C) programme• Conversion of existing fuel oil-based combined cycle power plants
to Natural Gas (NG) and establishment of new NG plants asconditional measures (once the necessary infrastructure isavailable)• Transmission and distribution network efficiency improvements(Loss reduction of 0.5% compared with BAU by 2030) as an
unconditional measure (Target: Approximately 1,848 GWh energysavings)• Conduct R&D activities to implement pilot-scale projects for NonConventional Renewable Energy (NCRE) sources that have not yet
reached commercial maturity and develop other grid-supporting
infrastructures as conditional measures

TransportSectorNDCs• Transport sector system improvement• Promote public passenger transport• Shift freight to efficient modes• Rapid transport for passenger transport• Promote non-motorized transport modes• Introduce taxes and other instruments to promote publictransport• Introduce inland water transport modes• Modernizing and upgrading of suburban railway• Promote electric mobility and hybrid vehicles• Improve vehicle fleet efficiency• Road infrastructure development• Reduce GHG emissions from the marine sector• Generic enabling activities

IndustrySector
NDCs• Continue fuel-switching to sustainable biomass energy andimprove user efficiency in selected industrial sub-sectors(tea, rubber, apparel, hotel & tourism, rice processing)• Enhance the application of Resource Efficient Cleaner
Production (RECP) practices in selected industrial subsectors• Establish eco-industrial parks and villages• Introduce the Circular Economy concept to selectedindustrial sub-sectors and selected industrial zones• Introduce tri-generation facilities to selected industrialparks• Incentivize GHG reduction of clinker production in thecement industry• Generic enabling activities

WasteSectorNDCs• Improve “Circular economy’’ practices in all MSW
generation sources• Manage biodegradable waste components throughbiological treatments• Introduce energy recovery using non-recyclables andwaste that cannot be managed by other means• The use of sanitary landfills for the disposal ofresidual waste will be increased from the current
level of 5% to 100% on weight basis• Generic enabling activitiesCARBON NET ZERO
2050 ROADMAP AND
STRATEGIC PLAN SRILANKA• Investments required toproposed actions in allsectors

Climate Prosperity Plan
• CPP launched at COP 27 in Egypt• 3 Goals• Unlock domestic energy abundance through RE Modernization and sustainabletransportation• Financially Engineer a climate secure Transformation• Galvanize climate protection against a key risk

• Aims at USD 26.5 Billion Investment• RE• Energy Efficiency• Sustainable Transport• Climate Smart AgricultureClimate
Prosperity PlanClimate
ProsperityPlan

Climate
Prosperity
PlanInvestment Breakdown of the Climate Prosperity Plan of Sri Lanka

Expectations from the Joint Crediting
Mechanism (JCM)
To implement High Tech, High-cost technologies

New low carbon technologies

Required funding/investment support

Engage with International Carbon Market

Achieving NDC target

Thank You