Sri Lanka′s ′organic′ move has failed | Business | Economy and finance news from a German perspective – DW (English)

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When Sri Lanka banned chemical fertilizers a year and a half ago, the government said it was part of an effort to make the country a global leader in the production of organic food.. the real reason: to save money.

Sri Lanka’s cabinet ministers have resigned from their posts as an economic crisis deepens in the country. Sri Lankan President Gotabaya Rajapaksahas has yet to step down, despite growing demands for his resignation.
A few years ago, Sri Lanka had a booming tourism industry and promising infrastructure projects that made global headlines. Now the country is broke. What went wrong?
Sri Lanka’s president said a nationwide state of emergency was necessary to ensure order in the country, a day after protesters clashed with the police. Sri Lanka is in the throes of a financial crisis.
Human activity has led to widespread land degradation and put our very survival as a species at risk. But by reversing course, we can tackle climate change and biodiversity loss — and make a better life for billions.
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