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Experts call to make use of climate change opportunities

FE Report | Sunday, 13 March 2011


FE Report
Climate change has spawned new business opportunities for the Bangladeshi entrepreneurs and they should make new investment after taking stock of the impact of global warming on their projects, experts said Saturday. Vice-chancellor of Brac University Professor Ainun Nishat and the head of Center for Global Change Professor Ahsan Uddin Ahmed urged the local businessmen to take active interest in global climate change negotiations like their counterparts in the West. The experts shared their views in an orientation workshop on 'climate change impact on Bangladesh economy and need for possible response' at the DCCI auditorium in Dhaka. The President of the Dhaka Chamber of Commerce & Industry (DCCI), Mr. Asif Ibrahim chaired the workshop. Ainun Nishat said business communities in developed world has been playing a vital role in climate change negotiations and suggested the country's industry leaders that they conduct research of their own on the impact of global warming on their plants and sectors. They should take assistance from the think tanks-such as the research cell of DCCI and other bodies to be well aware of the business opportunities being created by the global mitigation efforts against climate change, he said. These opportunities can also generate new jobs locally and help the country earn the status as one of the world largest economies in just 20 years, he said, adding the businessmen must sniff out the "fruits" of climate change.