Sri Lanka's Economic Crisis Due to Climate Change..............!
Sri Lanka's Economic Crisis Due to Climate Change..............!
Sri Lanka's Economic Crisis Due to Climate Change..............!
Sri Lanka's Economic Crisis Due to Climate Change
Introduction
The world is undergoing a period of great changes.
One of the most important of these is climate change. This is not a natural
phenomenon but a global challenge caused by human activities.
All countries of the world are trying to cope
with its consequences and the economic,
social and environmental problems that arise
from it.
In this context, Sri Lanka has inevitably
become a country at the forefront of this
crisis.
Sri Lanka's Environment and Economy
Since Sri Lanka is an island nation, its economy is largely dependent on the
exploitation of natural resources.
Agriculture, fisheries, tourism and hydroelectricity are the main economic
sectors of Sri Lanka. The country is also subject to climate change, both in terms
of land and sea.
Impact on Agriculture
The majority of Sri Lanka's population is dependent on agriculture for their
livelihood. The country's fertile and fertile lands were in the
But now, the changing climate and increasing dry land are hindering agricultural
growth. This is not only threatening
food security but also reducing farmers'
income.
During the Great Depression,
important crops such as rice, cotton,
and rubber were grown in abundance. But now, due to climate change, the
decline in agricultural productivity and the occurrence of floods or droughts are
causing agricultural losses. This is causing domestic production to decline and
food imports to become more
important. This is increasing the country's fiscal deficit.
Tourism and Climate Change
Sri Lanka is famous for its natural beauty,
coastal tourism,beautiful beaches, forests and
waterfalls.But in the last few years, coastal
erosion, severe weather conditions and cyclones
have affected the tourism industry. Climate-
related natural disasters have caused a major
loss in the country's international tourist
numbers and a decline in foreign exchange earnings.
Electricity and Hydropower Generation
Sri Lanka is a country that is dependent on hydroelectric power generation. The
aquifers here are filled with freshwater. But the
decline in the aquifer and the increase in droughts
are reducing the amount of aquifers. As a result,the
electricity generation is declining and the river is
becoming a power grid. This is causing problems in
the coastal areas and commercial zones.
Fisheries and Marine Livelihood
Since Sri Lanka is a coastal country, fishing is an
important way of life. But the rise in sea level and the
impact of cyclones are affecting the fish species.
Moreover, the acidity of sea water has increased,
which has created a situation where some fisheries
are disappearing. This is affecting the livelihoods of people who depend on
fisheries.
Health and social impacts
Climate change is not only affecting the economy, but also affecting the health of
people. As the climate changes, the number of diseases caused by climate
change, diabetes, and food-borne diseases (such as malaria, malaria, and malaria)
increases. Due to this, the government has been forced to invest more in health
facilities. This is increasing the pressure on the country's finances.
Problems in economic development
Sri Lanka's debt burden is high. In the efforts to combat the various disasters
caused by climate change, investment finance is becoming a challenge. In order to
provide assistance, international financial institutions, the Green Climate Fund,
the Adaptation Fund, etc. are trying to work. But financial and administrative
problems are also hindering it.
Solutions and Future Actions
1. Agriculture – Agriculture should be encouraged to adopt sustainable, drought-
tolerant, and water-saving crops.
2. Alternative insurance schemes – It is necessary to create subsidized insurance
schemes for farmers, fishermen, and small traders affected by natural disasters.
3. Environmental protection – Plans should be created to protect forests, marine
resources, and wetlands.
4. Education and Awareness – Education and
media resources should be used to provide the
public and the media with up-to-date
knowledge.
5. International Cooperation – Efforts should be strengthened to provide financial
and technical assistance in coordination with the world community.
Conclusion
Climate change is a major challenge not only for the present but also for future
generations. Developing countries, such as Sri Lanka, are facing its impacts with
great anxiety. Therefore, planned actions should be taken to address the
multifaceted challenges of climate change. This can only be achieved with the
concerted efforts of the government, private sector, experts and the public. If we
do not act now, the economic and social challenges we may face in the future
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