Cabinet Clears GEF-Funded Coastal Conservation Project

The Cabinet of Ministers has approved the implementation of a new coastal and marine conservation initiative funded by a US$ 2.66 million grant from the Global Environment Facility (GEF). The four-year project aims to formally assess and integrate the natural capital value of Sri Lanka’s coastal and marine ecosystems into national development planning.

Titled “Integration of the Natural Capital Value of the Coastal and Marine Ecosystems in Sri Lanka with the Sustainable Development Plans,” the project will be implemented in selected coastal districts including Galle, Mannar, Puttalam and Trincomalee. It has been jointly developed by the Ministry of Environment and the International Union for Conservation of Nature (IUCN) under the GEF’s seventh funding cycle.

Cabinet also authorised the signing of a formal agreement between the Environment Ministry and the IUCN to commence implementation, with officials noting the initiative will strengthen conservation planning and climate resilience in vulnerable coastal areas.

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