Green Financing and Its Future Prospects in Climate-Vulnerable Asian Countries: The Case of Bangladesh
Syeda Shehtaz Hasib and
Syed Abul Basher
Chapter 4 in Green Finance and Sustainable Development Goals, 2024, pp 91-119 from World Scientific Publishing Co. Pte. Ltd.
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.
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 (search for similar items in EconPapers)
JEL-codes: Q01 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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