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Green Financing and Its Future Prospects in Climate-Vulnerable Asian Countries: The Case of Bangladesh

In: Green Finance and Sustainable Development Goals

Author

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  • Syeda Shehtaz Hasib
  • Syed Abul Basher

Abstract

We discuss the various approaches the Bangladesh Bank has taken to address climate risks in the financial system of Bangladesh, one of the countries most vulnerable to climate change. To understand the forces reshaping green financing in Bangladesh, we provide a systematic account of the green financing initiatives being considered by the Bangladesh Bank to help tackle climate issues. We also review recent empirical studies that offer solution-oriented policy pathways for reducing carbon emissions and preventing climate change. In this context, we discuss how Bangladesh Bank can step up its climate change efforts in response to global warming taking place more rapidly than was predicted.

Suggested Citation

  • Syeda Shehtaz Hasib & Syed Abul Basher, 2024. "Green Financing and Its Future Prospects in Climate-Vulnerable Asian Countries: The Case of Bangladesh," World Scientific Book Chapters, in: Sabri Boubaker & Thai-Ha Le (ed.), Green Finance and Sustainable Development Goals, chapter 4, pages 91-119, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800614482_0004
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    More about this item

    Keywords

    Green Finance; Financial Development; ESG Performance; Climate Change; Climate-Vulnerable Asian Countries; Environmental Disclosure in Financial Institutions; Environmental; Social; and Governance Issues in Corporate Valuation; Financing Renewable Energy; Gross Ecosystem Product; Green Banking Disclosures; Climate-Related Risks; Green Banking Disclosures; Development and Impact Analysis;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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