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Sri Lanka will implement the National Climatic Spatial Data Development Project in collaboration with Singapore-based start-up ProClime Pte.
President Ranil Wickremesinghe on Monday sought the approval of the Cabinet of Ministers to rollout the project.
“Sri Lankan people, livelihood, eco systems, developed infrastructure facilities and investments have been considerably affected due to the influence of the climatic changes, fluctuations and extreme conditions. In order to redress the said risk, an investment route map has been drawn on climatic reversal for Sri Lanka.
“In executing it, enhancing a national climatic space database has been identified as a fundamental and essential step,” the Government Information Department noted.
ProClime is a climate first unified service provider, focused on facilitating a transition to net zero through Carbon Projects, Carbon Trade, and Climate Investments.
ProClime in April this year announced plans to invest around US$150 million in carbon projects across sectors in India and Sri Lanka over the next one and half year period. The Company shared intentions to unveil at least three carbon projects on a monthly basis until September in both countries after having identified 18 sectors for the development of carbon projects in India and Sri Lanka.