Plan to Reduce Carbon Emissions by Up to 20 Per Cent: Minister Sunil Handunnetti
30-Oct-2026.
Sri Lanka has set several ambitious climate targets under its Nationally Determined Contribution 3.0 (NDC 3.0) framework for the period 2026–2035. Under this framework, the country aims to reduce greenhouse gas emissions by approximately 20 per cent from the baseline level by 2035, said Minister of Industry and Entrepreneurship Development Sunil Handunnetti.
He made these remarks while addressing the international Bridge for Cities conference held at the Vienna International Centre in Vienna, Austria, from 27 to 29 October.
He further stated that Sri Lanka had set targets to generate 70 per cent of its electricity from renewable energy sources by 2030 and achieve carbon neutrality by 2050. However, such national-level ambitions alone would not be sufficient to address the challenges posed by climate change.
Strong international contributions are therefore required in three key areas.
First, green finance is needed to mobilise affordable investments in clean technologies.
Second, technology transfer is essential to ensure that developing countries have access to affordable green and digital solutions.
Third, skills development will play a vital role in preparing the country's workforce for emerging green industries.
He also stressed that all climate ambitions must be based on international solidarity, equitable access to resources and the principle that no country should be left behind.
Sri Lanka continues to work towards a future characterised by a clean environment and a strong economy. However, the challenge of climate change requires more than promises. It calls for coordinated leadership, genuine investment and measurable action.
It is essential to move beyond discussions and translate commitments into practical action. This would help ensure that developing countries have fair opportunities to industrialise and achieve sustainable growth within the global economy.
The United Nations Industrial Development Organization (UNIDO), development partners, international financial institutions and the private sector should work with Sri Lanka to mobilise the funding, expertise and investments required to accelerate the country's green transition.
As UNIDO prepares to enter its next 60 years, Sri Lanka is fully prepared to deepen its cooperation with the organisation and transform its green ambitions into tangible achievements that protect the nation, its economy and future generations, he said.
