CSE, UNDP sign MOU to leverage capital markets for sustainable financing

Tuesday, 30 April 2024 00:21 - - {{hitsCtrl.values.hits}}

UNDP Sri Lanka Resident Representative Azusa Kubota (third from left) and CSE Chairman Dilshan Wirasekara after exchanging the MoU signed between the two organisations. Others from left UNDP in Sri Lanka Sustainable Growth Team Economist – Innovative Financing Associate Hakshala David, Sustainable Growth Team Policy Specialist and Team Leader Dulani Sirisena, CSE CEO Rajeeva Bandaranaike, Senior Vice President – Commercial Punyamali Saparamadu, Junior Analyst – Commercial Yasuri Tennakoon and Junior Legal Officer – Legal and Enforcement Devni Galabada

The United Nations Development Program (UNDP) in Sri Lanka and the Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) to establish a partnership aimed at leveraging Sri Lanka’s capital markets for sustainable financing.

This collaboration is intended to support and encourage private sector stewardship and embed sustainability as an important element of business strategy in Sri Lanka. Specifically, the collaboration intends to actively support and engage the private sector, especially in integrating SDGs into their business systems and practices, while also ensuring that business decisions lead to net positive impacts on the SDGs and that such contributions can be measured and validated.

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