Facebook Pixel Climate economics must become a priority | Daily FT - newspaper - Lee esta historia en Magzter.com
Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

Climate economics must become a priority

Daily FT

|

December 15, 2025

A few decades ago, climate change could be spoken of as a distant environmental concern, something to be observed, debated, and perhaps noted in policy papers.

That time has passed.Climate change is real, it is accelerating, and its consequences will be felt across every corner of the world. For small island nations like Sri Lanka, those consequences will arrive earlier, strike harder, and leave deeper scars. The recent Ditwah cyclone is only the latest reminder that we stand on the front lines.

We as a tropical island long accustomed to monsoons and seasonal storms, should theoretically be resilient. For generations, we have weathered nature's rhythms as part of our lived experience. But the ferocity of the recent cyclone, its destructive winds, heavy rains, and unprecedented flooding, exposed a frightening truth that our natural resilience is no longer enough. The scale of the damage reveals a country deeply vulnerable to climate shocks. This is not just a disaster-management issue. It is an existential economic issue.

MÁS HISTORIAS DE Daily FT

Daily FT

ComBank takes lending to new levels in mission-focused 2025

Becomes first private bank with loan book of more than Rs. 2t

time to read

4 mins

February 27, 2026

Daily FT

Portugal seeks new era in ties with Sri Lanka

PORTUGUESE State and Foreign Affairs Minister Paulo Rangel called for a “new era” in relations between Sri Lanka and Portugal, identifying renewable energy, tourism, infrastructure, and digital development as key pillars for deeper engagement.

time to read

1 mins

February 27, 2026

Daily FT

Shangri-La Hambantota achieves Halal-friendly certification

Milestone aims at strengthening inclusive hospitality across Sri Lanka

time to read

2 mins

February 27, 2026

Daily FT

Bank of Ceylon records Rs. 120.8 b PBT in 2025

Reports PAT at Rs. 76 b

time to read

5 mins

February 27, 2026

Daily FT

Daily FT

A Foucault’s pendulum swings over speaking truth to power in SL today

IF the 20th century French philosopher Michel Foucault had been a modern Sri Lankan politician, he might have skipped a schooling at Sorbonne, and tried his hand at stand-up - simply in order to essay his theses on power.

time to read

10 mins

February 27, 2026

Daily FT

First-of-its-kind Sri Lanka fund aims for $ 100 m globally

ACP Asset Management and its investment manager ACP Corum on Wednesday announced the launch of its Sri Lanka Opportunity Fund, the first and only European-regulated Undertakings for Collective Investment in Transferable Securities (UCITS) fund dedicated to Sri Lankan assets.

time to read

2 mins

February 27, 2026

Daily FT

HNB supports Lanka's recovery with record advances growth, strengthened balance sheet

Group's total tax contribution at Rs. 48.4 b in 2025

time to read

4 mins

February 27, 2026

Daily FT

Seylan Bank posts record PAT of Rs. 12.1 b in 2025

Reports PBT of Rs. 19.6 b up by 22.3%; PAT up 20.5% Total assets up 18% to Rs. 921 b

time to read

3 mins

February 27, 2026

Daily FT

People's Bank achieves historic Rs. 40.2 b profit

Group assets surge to surpass record

time to read

2 mins

February 27, 2026

Daily FT

Daily FT

SriLankan Airlines bringing India closer to Sri Lanka

SRILANKAN Airlines has unveiled strategic initiatives aimed at enhancing connectivity between India and Sri Lanka while further strengthening the time-honoured bond between the two nations at a special press conference in Delhi, India, alongside SATTE 2026, South Asia’s leading travel and tourism exhibition.

time to read

2 mins

February 27, 2026

Listen

Translate

Share

-
+

Change font size