...TERM PAPER ON GREEN BANKING AND ITS PRACTICES IN BANGLADESH Submitted to: Mrs.Dipannita Battacharjee Assistant Professor Department of Marketing Studies University of Chittagong Submitted By: M.Ariful Aziz Kanon 4th Year, BBA (Hons.) ID-07304020 Session: 2006-2007 Department of Marketing Studies University of Chittagong. Date of Submission: …… July 2012 Introduction: Green Banking is no more new concept in today`s world.The concept of Green is to minimize environmental degradation and making this planet habitable and its being used in Banking sector which is presently known as Green Banking.The concept of Green Banking was developed in the western countries. Green Banking is a general term, which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. Green Banking refers and emphases on environmental-friendly practices and reducing carbon footprint from banking activities. A green bank is a bank that promotes environmental and social responsibility but operates as a traditional community bank and provides excellent services to investors and clients. Its progressive approach to the community and the earth makes it different from the crowd. A green bank is also called ethical bank, environmentally responsible bank, socially responsible bank, or a sustainable bank, and is expected to consider all the social and environmental factors. These...
Words: 6855 - Pages: 28
...Sir for giving us the opportunity to prepare our research paper on the more specific and relevant way. It is rare opportunity. We are also grateful to the individuals and institutions whose work is helped us to prepare this research paper. We are also grateful to multiple webpage and link in related to climate change and sea level rise. We are also grateful to Bangladeshi local NGOs and their documents in related sea level rise. Sea level rise: Impacts on Bangladesh and the role of NGOs Introduction: climate change is one of the most raising issues in contemporary world. Global warming is an important cause if climate change. The temperature of the world is increasing day by day. As a result the ice of arctic areas is melting. And this is raising the sea level. Though the temperature is increasing equally all over the world but all the countries of the world are not equally affected by this global warming. Usually costal areas, islands, and lower lands are mostly affected by this sea level rise. They are flooded badly each year because of this sea level rise. Global warming not only affects the environmental life but also they affect the political economic and infrastructural basis. Bangladesh is one of the most vulnerable countries of sea level rise. As it is a costal and lower land, so here lives and properties are at a severe risk. One of the island of Bangladesh, named South Talpatti Island has already sank because of...
Words: 6252 - Pages: 26
...An Assignment On Climate Refugees: A Study on Bangladesh Course: Refugee and Conflict Course no: 217 Prepared for: Maria Hussain Lecturer Department of Peace and Conflict Studies University of Dhaka Prepared by: Md. Abu Yousuf Class Roll :35, 7th Batch,5th Semester Department of Peace and Conflict Studies University of Dhaka. Date of submission: 25 February, 2015 Introduction: Climate change is one of the greatest challenges of the world had ever before. Environment induced disaster is increasing day by day and has the causes of most vulnerabilities and Climate Refugees. Environmental Refugees refers “the persons who no longer gain a secure livelihood in the traditional homelands because of environmental factors of unusual scope, notably drought, desertification, deforestation, soil erosion, water shortages and climate change, also natural disasters as cyclones, storm surges and floods.” The most environmental refugee prone areas are Asia and Africa. The number of environmental refugee in Asia is more than 50 million which was about 42 million in 2010. The over populated areas of the world such as South Asia, Horns of Africa are under danger because of the scarcity of natural resources. Although the “environmental refugees” is more important problem and challenge for the international community to protect the stability of the world system but they are silent. So for the ignorance of international law people tolerate unbearable vulnerabilities for this devastating...
Words: 1827 - Pages: 8
...IPCC, South Asia is the most vulnerable region of the world to climate change impacts (McCarthy et al., 2001). The international community also recognizes that Bangladesh ranks high in the list of most vulnerable countries on earth. Bangladesh’s high vulnerability to climate change is due to a number of hydro-geological and socio-economic factors that include: its geographical location in South Asia; its flat deltaic topography with very low elevation; its extreme climate variability that is governed by monsoon and which results in acute water distribution over space and time; its high population density and poverty incidence; and its majority of population being dependent on crop agriculture which is highly influenced by climate variability and change. Despite the recent strides towards achieving sustainable development, Bangladesh’s potential to sustain its development is faced with significant challenges posed by climate change (Ahmed and Haque, 2002). It is therefore of utmost importance to understand its vulnerability in terms of population and sectors at risk and its potential for adaptation to climate change. Increased climate variability means additional threats to drought-prone environments and is considered a major crop production risk factor. The impact of climate variability and change on agricultural production is a global concern. However, the impact is particularly important in Bangladesh where agriculture is the largest sector of economy, accounting...
Words: 7382 - Pages: 30
...in Environmental Sciences (IE 5511) Research Proposal Research Title: Regional Poverty Disparity in Bangladesh for Climate Change Author: Muhammad Abu Noyeem Abstract Whilst Bangladesh is considered one of the most climates affected and vulnerable country in the world has made commendable progress in poverty reduction. But the proportion of poverty reduction is not equal everywhere in the country, particularly the coastal regions - having vicinity to the Bay of Bengal differs from the rest of the country in terms of highest vulnerability for climatic change impacts and highest poverty levels as well. It is predicted that frequent extreme events in coastal regions are the main impediment to attain national poverty levels. This research proposal aim is to establish a relationship between climate change impacts and change in poverty disparity by comparing coastal areas with other regions in Bangladesh over the last 20 years. The study will be based on year-wise comparative data analysis regarding affected areas, damages, development activities, socio-economic variables and poverty levels since 1991 to 2011. This research hypothetically foresees that higher extreme events affect and much damage will be created higher poverty gaps and disparity in coastal areas than the other parts of the country. Keywords: climate change, poverty disparity, coastal areas, Bangladesh. Proposed Supervisor: Dr. Ariana Zeka Lecturer in Epidemiology and Public Health Institute for the Environment...
Words: 2836 - Pages: 12
...Empowering the Community to Adapt to Climate Change BACKGROUND Bangladesh, a low-lying country is known globally as one of the most vulnerable countries to climate change. Factors contributing to its vulnerability includes its biophysical resources, particularly water which is highly sensitive to climate variability and change, along with high population density, high incidence of poverty, inadequate infrastructure and limited financial resources. This makes water resources, coastal zones and its resources, agriculture and human health the most vulnerable sectors to climate change. Around 66 per cent of the country’s labour force are engaged in agriculture and with their dependence on water, are likely to be hit the hardest by climate change1. The Government of Bangladesh (GoB) has recognized climate change as an important issue and attempts are being made to incorporate potential measures for reducing climate change impacts into overall development planning. Bangladesh has developed the National Adaptation Programme of Action (NAPA). It has also incorporated climate change into its Poverty Reduction Strategy Paper (PRSP). The GoB realizes that to reduce the impacts of climate change it is necessary to work across sectors and with active participation of local communities. Thus, the Bangladesh Red Crescent Society (BDRCS) has been working since the 1970s with vulnerable communities, particularly women through the Cyclone Preparedness Programme (CPP), is in a unique position...
Words: 3616 - Pages: 15
...Submitted to: ATM Jahiruddin Professor, Business Administration Discipline Submitted by: Prodyut Golder ID: 090303 4th Year 2nd Term Business Administration Discipline Khulna University 4th November, 2013 Name of the proposed report: “Green Banking Initiative of Bangladesh bank and Compliance of the Commercial banks” (A Case study based on Khulna City) Introduction: Bangladesh is a country of enormous opportunities. After its liberation war, it has rapidly changed its economic status and in spite of so many obstacles, recently it has introduced itself as a middle income country. But now, along with other countries of the world, it is facing some problems like- global warming, excessive use of carbon-di-oxide and CFC gas, and also some other climatic change and all these are a great threat to our economy. The green banking concept is relatively new in Bangladesh and yet to get momentum. Actually green banking is nothing but the operations of the banking activities giving especial attention upon the social, ecological and environmental factors aiming at the conservation of nature and natural resources. Banks can be green through bringing changes in six main spheres of banking activities (Rahman, et al. 2013). Those are Change in Investment Management, Change in Deposit Management, Change in House Keeping, Change in the Process of Recruitment and Development of Human Capital, Corporate Social Responsibility (CSR), and Making Consciousness Among Clients...
Words: 4757 - Pages: 20
...Overview: Bangladesh, a densely-populated country of 155 million people in an area the size of Iowa, has registered steady annual GDP growth of 5-7 percent since 1990driven by a booming garment industry and rising remittance flows. • A stable macroeconomic environment and dynamic private sector have helped increase GDP to nearly $120 billion in Fiscal Year 2012 (from July 1, 2011 –June 30, 2012) with $33.3 billion in imports and $24 billion in exports. • The IMF estimated that real GDP growth declined slightly from 6.7 percent in FY 2011 to 6.3 percent in FY 2011 while inflation fell from 10.2 percent to 8.7 percent for the same periods. • U.S. exports to Bangladesh increased by 2% from $864 million in FY 2011 to $887 million in FY 2012, while U.S. imports from Bangladesh rose 1% from $4.86 billion to $4.9 billion in the same periods. • Nearly ten million Bangladeshis, concentrated mainly in Dhaka and Chittagong, have annual incomes well in excess of $10,000, offering a sizable market for a wide range of goods and services. • Bangladesh’s garment industry currently produces roughly 80 percent of the country’s exports. Garment exports have expanded steadily since 1990 despite chronic energy shortages, infrastructure constraints, occasional labor unrest and periods of weakening global demand. • With a workforce growing by roughly 2 million per year and one of the world’s lowest wage rates, Bangladesh has an opportunity to replicate its success in ready-made garment production...
Words: 996 - Pages: 4
...Green Banking Initiative: Opportunities for Bangladesh Dr. S M Ahsan Habib Professor and Director (Training & Research), BIBM The paper was presented at a seminar on Green Banking at BIBM on October 14, 2010 Green Banking Initiative: Opportunities for Bangladesh I. Introduction Banks that were once seen only as profit motive institutions have been adjusting to a more demanding market and to a more conscious society over last two decades. An increasing number of banks around the world are going green by providing innovative green products that cover financial services to support the activities that are not hazardous to environment and help conserve environment. A green bank is also called an ethical bank, a socially responsible bank, or a sustainable bank. The exact meaning of all these titles may not be same however they cover a lot of common activities and perceptions. At least, all these banks- in various ways and at different times- have engaged themselves in making a better future (Merzio 2007). The approach to green banking (GB) varies from bank to bank, however, broad objectives of green banks are to use their resources with responsibility avoiding waste and giving priority to environment and society. The public concern of the state of environment has been growing significantly in the last few years, mostly due to apparently unusual weather patterns, rising greenhouse gases, declining...
Words: 16618 - Pages: 67
...to the Country Strategy and Action Plan (CSP). This CEA for 2005-2009 outlines the environmental issues that are most significant to the Bangladesh’s economy. It will also provide background information on the environmental constraints, needs and opportunities in Bangladesh. Over the given period of this strategy document, ADB will be working with the Government of Bangladesh (Gob) for the improvement of the environment sector, wherein this report may be a basis for actions and/or intervention. This work focuses on the aspects of understanding the important features of the Bangladesh environment that need to be essentially understood. The purpose of the report is to present the findings of a review done on the environment sector. The review considered the ongoing and past interventions, legal and policy regimes and finally outlined the outstanding issues facing the sector. Objectives of the study It is well established that the process of land use change leads to the alteration of existing environmental conditions of any area. The specific objectives of the study were: 1. To identify the existing land use pattern of the selected area; 2. To explore the prime causes of land use change and its Effects on the environment of the study area, and 3. To give some suggestions based on the study findings. gulations for new industries, and strengthening the regulatory system for agro-chemical pollution control. Alternatively, clean-up...
Words: 5450 - Pages: 22
...Major Determinants and Hindrances of FDI inflow in Bangladesh: Perceptions and Experiences of Foreign Investors and Policy Makers An assignment on Major Determinants and Hindrances of FDI inflow in Bangladesh: Perceptions and Experiences of Foreign Investors and Policy Makers Submitted To: S. M. Zahidur Rahman Associate Professor Submitted By: Tasnuba Nowrin ID-090316 Fatema Khatun ID- 090349 KHULNA UNIVERSITY Business Administration Discipline BBA Program 4th Year, 1st Term Course Title: Financial Management and Institution Course No: FIN-4203 September 10, 2012 Summary on previous article Foreign Direct Investment (FDI) is considered as a crucial component for economic development of a developing country. Countries that are lagging behind to attract FDI are now formulating and implementing new policies for attracting more investment. The determinants which play as a driving force for attracting FDI are geographical location, cheap labour cost, and government attitude towards liberalization of the existing laws of the host country, skilled manpower, incentives for investors, and exemption of taxes etc. According to Bangladesh Board of Investment Handbook (2007) Bangladesh offers an attractive investment climate compared to other South Asian Economies. But among the emerging economies India and China are the desired choice for investment (Baskaran and Muchie, 2008). FDI is considered as an important tool for economic development in a developing country. If...
Words: 13565 - Pages: 55
...Introduction Investment Climate means the general economic conditions affecting the financial markets. A favorable investment climate encourages businesses to improve efficiency and productivity in order to increase revenues and capital available for investment. It also gives investors confidence in the market and encourages them to invest more capital. Investment Climate The investment climate in a country is the collective set of incentives which establish the “rules of the game” to which economic actors must adhere. Set by a wide variety of sources, including government policies, cultures of public administration, and institutional, social, and physical infrastructure, the investment climate determines the level and uncertainty of returns expected by economic agents and consequently impacts the quality and quantity of investment and the incentives to productively employ inputs. The investment climate can be broken down into the following three main areas: (1) Macroeconomic and Trade Policy - The capacity of domestic institutions and economic policy (e.g. fiscal, monetary, trade, and exchange rate policy, administration of customs and ports, security of property rights, strength of rule of law, and political stability) to reduce costs of international trade and finance and ensure a consistent and non-distortionary basis for investment, production and exchange; (2) Microeconomic Framework - The contribution of microeconomic regulation (e.g. rules governing...
Words: 4757 - Pages: 20
...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...
Words: 1617 - Pages: 7
...FOOD SECURITY IN BANGLADESH (Md, Ibrahim kholilullah, AGRICULTURAL ECONOMICS ,2ND BATCH ,SYLHET AGRICULTURAL UNIVERSITY ,01718996557) The world summit of 1996 defined food security as existing ‘when all people at all times have access to sufficient, safe, nutritious food to maintain a healthy and active life’. Commonly the concept of food security is defined as including both physical and economic access to food that meets peoples dietary needs as well as their food preferences. In many countries ,health problem related to dietary excess are an ever increasing threat, infact ,malnutrition and food borne diarrhea are become double burden. Food Security Status and Challenges: Food security situation in Bangladesh has improved, especially on the availability side, and further improvements on access and utilisation, to be sustainable and large-scale, needs renewed efforts from the government, civil society (including media) and the development partners. Records say in 70s’, 70% people were under the food consumption poverty line. Today this is down to under half of the population. Today, though people are not dying, they are going hungry and becoming stunted with reduced mental and physical capacity. They are suffering. The hungry population of over 60 million people is larger than most other global cases- the third largest poor population in any country after China and India5. Nearly half of Bangladesh’s children are underweight, making it one of the most severe...
Words: 5329 - Pages: 22
...Report On Green Management perspective In Bangladesh SOUTH EAST UNIVERSITY Submitted To Farzana Ferdoushi Faculty, School of Business of SEU Submitted By Mohammad Azmir hossain ID: 2010010000004 Department: B.B.A. Date of Submission March 8, 2014 Introduction Bangladesh is a country suffering from immense social, political, economic and environmental issues and these issues need to be addressed for the overall development of this country. However, we all know that the peoples of the whole world are concerned about the environmental degradation, especially the rising of global temperature and thereby melting of glaciers and ice-berg in the polar region and consequently rising of sea level, which will directly affect the low lying countries of the world like Bangladesh. The world conscious people are also concerned about the increase of Green House Gases and Chlorofluorocarbons (CFCs) and thereby depletion of Ozone layer. As such, every person and especially the professionals must have greater role to check the environmental degradation. The contribution of the banking sector is playing significant role to save the environment through their CSR, investment or other activities. To save the environment, Green Management is the great initiative which is taken by bank all over the world. The word „Green Banking‟ is very common concept in the world. Global warming is a great issue in protection...
Words: 5340 - Pages: 22
