Climate Change Trust Act, 2010 (Act No. 57 of 2010).

The Trust shall have the following aims, namely: a) to make necessary action plan for capacity building for adjustment of the people or groups of people of the affected and risky areas resulting from climate change, upgrading their life and livelihood and facing the long term risk, and to take measures for implementation thereof; b) to take measures for adaptation, mitigation, technology development and transfer, capacity building and funds for facing adverse effect of climate change on man, biodiversity and the nature.
The objectives of the Trust shall be as follows, namely: a) use the fund of the Trust for the risk arising from climate change; b) implement suitable action plan for implementation of special programme regarding climate change and ensuring sustainable development; c) initiate project or programme regarding institutional and social capacity building of the local people and development of human resources in the grass root level for facing climate change; d) undertake necessary action research in the field of adaptation, mitigation, technology transfer and finance and investment for facing climate change and in light of the research results, to implement pilot programmes; e) make necessary action plans for adjustment with climate change and facing damages and to initiate and implement programmes or projects on the basis of them; f) assist the climate change focal points formed in different Ministries and in the Department of Environment related to climate change; g) assist in initiating suitable programmes and implementation thereof in order to eradicate poverty by building up the institutional, social or local people’s capacity for creating public awareness on possible environmental disaster arising out of climate change and for facing the disaster; h) assist any emergency activities following any natural disaster arising out of climate change.