GE BANGLADESH

Green Economy: A Revolution for Economic Movement in Bangladesh
Review of Literature:
Reaching in the 21st century, while the whole world is moving towards the merge of development, on the contrary deeply concerned about its sustainability as the way of this economy is traditional and hampered as well. The costs of fossil-fuel based brown economy on socio-economy and environment, known as the way of traditional, have been remarked all over the world. These concerned observations motive people to think of an alternative economic system which is called green economy or environment friendly economy. This thinking has been reflected in many literatures by many persons and organizations as follows:

United Nations Environment Programme (UNEP), noted in 2008 “There is growing recognition that humanity faces a severe environmental emergency. Modern economies have been built on an unsustainable foundation. Activities ranging from agriculture and mining to manufacturing, services, and transportation rely on fossil fuels, generate copious amounts of pollution and waste, and undermine critical ecosystems, ecoservices, and life support while Green economy is one which ensures human and social wellbeing with reduced environmental risks and ecological scarcities.” In its simplest expression, a green economy can be thought of as one which is low carbon, resource efficient and socially inclusive. Practically speaking, a green economy is one whose growth in income and employment is driven by public and private investments that reduce carbon emissions and pollution, enhance energy and resource efficiency, and prevent the loss of biodiversity and ecosystem services. These investments need to be catalyzed and supported by targeted public expenditure, policy reforms and regulation changes. This development path should maintain, enhance and, where necessary, rebuild natural