Sustainable and Efficient Electric Mobility System in Sri Lanka

Concept Approved

Project Approved

To reduce GHG and air pollutant emissions and to reduce costs for fuel import and the related foreign exchange risks through the accelerated introduction of electric mobility in Sri Lanka.

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Area of the economy in which actors engage in identical or related activities.

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The management and allocation of funds, assets and investments to meet various objectives

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Households employing domestic workers, for activities like cooking, cleaning and subsistence farming, for their own use.

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Aligning the skills of the workforce with the requirements of the just transition.

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This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

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A drought is an extended period of unusually dry weather marked by a significant and sustained lack of precipitation, falling below a specific threshold over a large area for more than a month

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Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

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A tax advantage is an economic benefit applied to certain accounts or investments that are, by law, tax-reduced, tax-deferred, or tax-free. This can apply to investments in areas such as green energy projects or the agricultural sector, where tax advantages can help manage financial risks.

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Activities that provide lodging, food, and entertainment services to guests, including hotels, restaurants, and resorts.

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People who are less able to respond to the effects of climate change due to having limited financial or physical assets

Electrical energy generated from mechanical devices driven by flowing fresh water.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

Production of electricity and heat from solar irradiation.

Conditions that enhance the feasibility of adaptation options. Enabling conditions include finance, technological innovation, strengthening policy instruments, institutional capacity, multi-level governance and changes in human behaviour and lifestyles.

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Dedicated pool of financial resources for climate-related projects.

Climate change impacts our society by disrupting the natural, economic and social systems we depend on. Physical hazards and underlying vulnerabilities can lead to increased resource competition for food and water, which can heighten the risk of conflict.

This sector provides communication services, software development, and IT solutions.

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woman and genders outside of the gender binary

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This sector involves activities to move goods and people, alongside the storage of products.

This sector involves the wholesale and retail selling of goods.

A long-lived, colourless gas, chiefly emitted from fossil fuel combustion, deforestation and cement production.

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The release of heat-trapping gases, primarily from human activities such as burning fossil fuels, agriculture and industry.

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Kinetic energy of airflow transformed into useful energy, mostly electrical energy.

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Sustainable and Efficient Electric Mobility System in Sri Lanka

Target

Policy instrument

Risk

Impacted group

Just transition

Renewable energy

Fossil fuel

Greenhouse gas

Economic sector

Adaptation/resilience

Finance

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility