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Lookup NU author(s): Dr Natalia YakovlevaORCiD
This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).
© 2021 by the authors. Licensee MDPI, Basel, Switzerland.This paper aims to explore the emergence of ‘Green Banking’ in Bangladesh, with a focus on the role of financial regulation and regulators in greening the financial sector. It also examines the contribution and involvement of banks and non-bank financial institutions in promoting green economic transition. The study is based on the review of secondary data collected from various sources, such as quarterly reports, annual reports, websites of the central bank of Bangladesh, and other commercial banks and non-bank financial institutions as well as various articles, and newspapers reports on green banking in Bangladesh. The collected data is reviewed using descriptive statistics. The research results reveal that the central bank of Bangladesh played a major role in greening the financial system of the country by implementing various green policies and regulatory measures. Although Bangladesh is still far behind the developed countries in terms of environmental performance, the country has made a remarkable progress in initiating and expanding green banking practices, infrastructure development, and accelerating green growth in recent years.
Author(s): Khairunnessa F, Vazquez-Brust DA, Yakovleva N
Publication type: Article
Publication status: Published
Journal: Sustainability
Year: 2021
Volume: 13
Issue: 4
Pages: 1-21
Print publication date: 02/02/2021
Online publication date: 10/02/2021
Acceptance date: 06/02/2021
Date deposited: 12/03/2021
ISSN (electronic): 2071-1050
Publisher: MDPI AG
URL: https://doi.org/10.3390/su13041904
DOI: 10.3390/su13041904
Data Access Statement: https://www.bb.org.bd/pub/annual/anreport/ar1819/chap6.pdf.
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