Green Banking can help Bangladesh

People across the world are now more conscious about the environment. The focus is now on 'green safety' and 'sustainable ecological balance'. This has led to the emergence of Green Banking which involves environmental and social responsibility. As is known, Bangladesh is one of the most environmentally affected countries of the world. Considering this situation, Bangladesh Bank developed the Green Banking Policy in 2011.

Green financing under Green Banking activities can play a significant role in the transition to resource efficient and low carbon industries, i.e. green industry and green economy in general.

There is potential for green financing in Bangladesh to help save the environment, ensure healthy working environment and gain competitive advantage by ensuring corporate social responsibility.

Kazi Tamzidul Haque

East West University

[email protected]