Download or read book Current Position of Banks in the Practice of Green Banking in Bangladesh written by Quazi Sagota Samina and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change and global warming has become one of the crying issue of recent time throughout the world. As one of the solutions to these problems, green financing has been welcomed in many countries especially commercial banks are suggested to devote themselves in this area. The commercial banks of Bangladesh are not lagging behind in this race. So our current study focuses on the areas of green banking practiced by the private sector commercial banks in Bangladesh. From our analysis, we found that all the banks in our sample have involve themselves in green financing projects under which they emphasize on renewable energy, solar energy, bio gas plant projects. Besides a good number of sample banks have adopted ATM service, Online Banking and SMS banking facilities as well as have established green branches. Many banks have also promoted social awareness program, reduced electricity and water consumption initiatives.
Download or read book Developing Green Banking Products In Bangladesh Involvement of Stakeholders written by Prakash Saha and published by GRIN Verlag. This book was released on 2013-04-19 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2013 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: none, , course: Green Banking Products, language: English, abstract: Banks which have not involved key environmental stakeholders or which have not adopted a learning-organization approach to business (e.g. risk taking and outward looking), will find that adopting a green mindset is difficult. The new generation Banks and financial institutions in Bangladesh are particularly embracing environment protection with every passing day, in some cases with a missionary zeal to protect the mother earth. This is done both as a part of their corporate social responsibility and as a drive towards socially and ethically responsible banking. They are gradually coming to realize that there is a need for a shift from ‘Profit, profit and profit’ motive to ‘planet, people and profit’ orientation for sustainable development in the long run. In fact, the concept of socially responsible banking has grown considerably with the dawn of twenty first century with the growth in green movement and emergence of a new generation of environmental activists. Further, those industries which have already become green and those, which are making serious attempts to grow green, should be accorded priority to lending by the banks. This method of finance can be called as “Green Banking”, an effort by the banks to make the industries grow green and in the process restore the natural environment. This concept of “Green Banking” will be mutually beneficial to the banks, industries and the economy. To maximize this opportunity, banks must shift to an organizational-learning approach, such that the banks adopt an outward-looking and risk taking orientation. Using Bangladeshi samples, this article tries to address the current position of environmental responsible banking by commercial banks in Bangladesh and examines which stakeholders should be involved in the developing of green banking products in Bangladesh, and what strategies can be used to involve these stakeholders and how banks can learn from these interactions. The results will hopefully provide some insights into strategies and approaches that can be used by others to develop less environmentally harmful green banking products.
Download or read book Principles of Green Banking written by Suborna Barua and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-10 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental sustainability is perhaps the key societal challenge of our times. Achieving it will require a significant level of financing and investment, and here the role of the banking industry is fundamental. Banks can play a broader and far-reaching role by adopting environmental concerns in their internal and external business operations. Principles of Green Banking is a comprehensive account of the different aspects of green banking and offers theories and principles as well as practical how-to guidelines to adopt green banking practices. This book discusses why green banking is central to achieving sustainable development. It illustrates the evolution of green banking around the world, different types of environmental risks created by firms and how these risks offer threats to sustain ability, and ongoing trends and patterns of green banking practice. Critically, it also presents an outline of the regulatory framework necessary to help the entire banking sector adapt to the change towards green banking. It is a valuable resource for financial sector professionals and scholars in the fields of sustainable finance and banking.
Download or read book Entrepreneurship and Green Finance Practices written by Syed Ali Raza and published by Emerald Group Publishing. This book was released on 2023-12-14 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship and Green Finance Practices focuses on critical issues such as the role of Green Financing in Green Entrepreneurship in Asian Countries and looks for the mechanisms that can help in idea-generation and the launching of successful Green Start-ups.
Download or read book POST PROCEEDINGS OF INTERNATIONAL CONFERENCE ON GREEN BANKING FOR GREEN INDUSTRY AND GREEN ECONOMY written by DR. Maruti Rao and published by Onlinegatha. This book was released on 2016-06-16 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrialization has altered the composition of the global atmosphere. There has been huge impact on ecological and socio-economic systems. Due to rapid industrialization the entire world is experiencing the heat of global warming, environmental degradation and depletion of scarce resources. A proactive and timely intervention and action is necessary by government, regulatory agencies, corporate bodies, NGOs and individuals to combat global warming & environmental degradation. Banking sector is considered as backbone of any economy. Banking sector is the main source of financing for corporate world which is responsible for global warming and environmental degradation. There is a symbiotic link between finance, environment, social and governance (FESG) and the Financial Institutions and Banks could play a vital role in developing a sustainable world.
Download or read book Sustainable Banking written by Jan Jaap Bouma and published by Routledge. This book was released on 2017-09-08 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive addition to the debate on sustainable development has been produced in order to take a global pulse on how the financial services sector is responding to the growing challenge of shareholder and stakeholder expectations on social and environmental performance. In the opinion of many commentators in this new book, given the intermediary role banks play within economies, their potential contribution toward sustainable development is enormous. Indeed, for banks, the conclusion that corporate sustainability has become an investable concept that increases long-term shareholder value is becoming difficult to deny.To date, banks have been relatively slow to examine their exposure to risk (the environmental and social performance of their clients) and the business opportunities of sustainable development (the products and services they offer). Not before time, Sustainable Banking concludes that this is beginning to change, with both risk and opportunity becoming established elements in banking policies towards environmental sustainability. In addition, banks have now begun to take notice of and address their own environmental performance. Through the use of case studies and detailed analysis, the book examines the environmental policies of banks, the importance of transparency and communication with their stakeholders, environmental and ethical investment funds, current practice by the providers of financial services with regard to environmental risk management and, finally, the key role of government, NGOs and multilateral banks in delivering sustainability.Sustainable banking has not, however, been achieved and nor will it be in the immediate future. As globalisation proceeds apace, Sustainable Banking argues that improvements are necessary in banks' attitudes toward transparency and accountability with regard to their lending policies. In addition, in order to promote best practice, the leading banks need to start measuring their customers' environmental performance in order to persuade polluting clients that minimum compliance to regulations will no longer suffice. The book finds many shining examples in the co-operative, mutual and social sectors for the big players to emulate. Environmental and ethical considerations in such loan portfolios have proven to be profitable and "best-in-class" larger banks are now also reaping benefits.The unprecedented scope of the book has attracted contributors from four continents including Deloitte & Touche, Rabobank, The World Bank, The European Bank for Reconstruction and Development, The United Nations Environment Programme, The World Business Council for Sustainable Development, UBS, Henderson Investors, KPMG, The World Resources Institute and SAM Sustainability.
Download or read book Handbook of Research on Decision Making Techniques in Financial Marketing written by Dinçer, Hasan and published by IGI Global. This book was released on 2019-12-27 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer needs and demands are constantly changing. Because of this, marketing science and finance have their own concepts and theoretical backgrounds for evaluating consumer-related challenges. However, examining the function of finance with a marketing discipline can help to better understand internal management processes and compete in today’s market. The Handbook of Research on Decision-Making Techniques in Financial Marketing is a collection of innovative research that integrates financial and marketing functions to make better sense of the workplace environment and business-related challenges. Different financial challenges are taken into consideration while many of them are based on marketing theories such as agency theory, product life cycle, and optimal consumer experience. While highlighting topics including behavioral financing, corporate ethics, and Islamic banking, this book is ideally designed for financiers, marketers, financial analysts, marketing strategists, researchers, policymakers, government officials, academicians, students, and industry professionals.
Download or read book Sustainable Finance and Banking written by Marcel Jeucken and published by Earthscan. This book was released on 2010-09-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking and finance play a fundamental role in public policy and economic performance as well as in all forms of commerce and industry. They are crucial in determining whether society - from governments to individual consumers - succeeds in following an environmentally sustainable path. However, those working in the financial sector are largely unaware of the rationale and pressures for sustainable development and its bearing on their work, while those in the relevant research and policy areas commonly overlook how vital the financial sector is for progress. Marcel Jeucken sets out to rectify this state of affairs, in a style which is accessible to those with no experience of environmental finance issues. He provides a comprehensive account of their interdependence: why the financial sector is crucial to achieving sustainability and why the triple bottom line of commercial, environmental and social success points the way forward for banking. From a systematic assessment of major banks around the world, he presents a comprehensive account of current best practice, an analysis of the differences in approach and performance, and recommendations of actions and policies for improved performance that will contribute to sustainable development.
Download or read book Triggering Green Transformation of the Private Sector Through Central Bank led Initiatives written by Bushra Ferdous Khan and published by . This book was released on 2018 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of guidelines and circulars issued by Bangladesh Bank directing the banks and financial institutions under its jurisdiction to factor in environmental concerns while making financial and in-house operational decisions have created tremendous awareness about the concept of green banking in the banking community of Bangladesh. Actual disbursement of green finance, which till date remains undefined in the lexicon of the central bank, however, has been inadequate. 93% of the 2,370,392.45 million taka disbursed as green finance between 2013 and 2017 has been loaned under the category of Indirect Green Finance; which essentially is amount loaned to any project having an Effluent Treatment Plant (ETP) or similar system. How much of this amount loaned as Indirect Green Finance is actually used to operate ETPs, a key priority for curbing water pollution in Bangladesh, is not traced. This paper offers a strategy for aiding Bangladesh Bank shift from a supply-driven approach of disbursing green finance to a demand-driven one. Towards this end, a new functional conceptualisation of green finance is suggested. The functional conceptualisation that we offer in this paper includes: i. a definition that guides practical application, ii. a new way of categorisation that creates room for acknowledging the fact that demand for green finance by different segments of the private sector (private businesses and household level consumers) in their different roles has different roots, and iii. identification of the drivers motivating expenditure on green solutions by private businesses and consumers and thus creating private sector's demand for green funds.
Download or read book Global Approaches to Sustainability Through Learning and Education written by Al-Sartawi, Abdalmuttaleb M.A. Musleh and published by IGI Global. This book was released on 2019-08-30 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unequal distribution of wealth, poverty, pollution, and gender inequality are just a few of the problems we face and struggle to eliminate. Sustainable development offers a long-term holistic solution to these problems through meeting the needs of the current generation without endangering the capability of future generations in meeting their own needs. Sustainable education or education for sustainability is a transformative learning paradigm that prepares learners and provides them with knowledge, ethical awareness, skills, values, and attitudes to achieve sustainable goals. Global Approaches to Sustainability Through Learning and Education is a comprehensive academic publication that facilitates a greater understanding of sustainable development and fosters a culture of sustainability through learning and education. Highlighting a range of topics such as ethics, game-based learning, and knowledge management, this book is ideal for teachers, environmentalists, higher education faculty, activists, curriculum developers, academicians, researchers, professionals, administrators, and policymakers.
Download or read book Social Entrepreneurship and Sustainable Development written by Archana Singh and published by Taylor & Francis. This book was released on 2020-06-13 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the seminal interface between social entrepreneurship and sustainable development along with their inter-linkages. It traces the role of social entrepreneurship and innovations in societal transformation in creating sustainable societies, especially in developing nations. It explores how social entrepreneurship and enterprise is integral to the promise of fostering opportunities for socially disadvantaged groups (including the poor, women, and young people), as well as in addressing environmental and ecological issues apart from wealth creation. The book presents key concepts, case studies, and multiple innovative models involving social entrepreneurship, such as green financing, serial social entrepreneurship, sustainable livelihood creation, and well-being, in addition to highlighting global sustainable development goals of the United Nations. The chapters are organised under the broad themes of sustainability of the organisation, sustainability of the community, sustainability of the development, and sustainability of the community–organisation interface. They examine social change, social innovation, social enterprise, small and micro-enterprises, microfinance institutions, inclusive growth, education, productivity, physical health, waste management, energy retention, self-reliance, and corporate social responsibility. They contain emerging research issues in the field as well as critical assessments while bringing together theoretical and practitioners’ perspectives. This book will be useful to scholars and researchers of development studies, social entrepreneurship, sustainable development, environmental studies, public policy, and political sociology. It will also greatly interest professionals from non-profit, corporate, and public sectors, other development practitioners, and international bodies.
Download or read book The Design and Adoption of Green Banking Framework for Environment Protection written by Rahman S M Mahfuzur and published by . This book was released on 2016 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bangladesh Bank, the central bank of Bangladesh and a forerunner in pursuing environment-friendly banking, designed a structured three-phase Green Banking Guideline and instructed the scheduled banks to implement it by 2013. This paper aims to present a comprehensive picture about where the country stands in terms of adopting green banking practices. Examining 42 of total 54 scheduled banks of Bangladesh, the study finds that most banks are trapped in the lower boundaries of the performance greed. The state owned banks rank low in performance while the foreign banks have considerably better achievements. The paper also identifies a number of reasons for the banks' poor performance and proposes corrective measures. The lessons may be useful for redesigning banking practices around the world to save environment.
Download or read book Environmental Finance and Green Banking written by Samsul Alam and published by Taylor & Francis. This book was released on 2023-05-31 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental finance and green banking are central drivers of the transition to a sustainable economy and essential components in solutions to climate change. This book presents the latest research on theory and practices in these interdisciplinary fields, incorporating both public and corporate finance. It introduces three parts – environmental investing and financing, green banking and environmental policies in the public sector. The book explores the current trends, dynamics and ways forward for environmental finance and green banking, including fundamental theories (e.g., environmental Kuznets curve) and comparisons between traditional and green bond efficiency, corporate governance practices and disclosure, green central banking, climate finance, sustainable strategies, green Islamic banking, and public climate fund management in multi-country contexts. The contributors to this book highlight significant challenges ahead while recognizing potential opportunities, such as the revolution in green investments and trading in green bonds. This book is a welcome addition to the literature on environmental economics and finance and the economics of sustainability and climate change.
Download or read book Social Banking and Social Finance written by Roland Benedikter and published by Springer Science & Business Media. This book was released on 2011-01-13 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over 2,000 years, banks have served to facilitate the exchange of money and to provide a variety of economic and financial services. During the most recent financial collapse and subsequent recession, beginning in 2008, banks have been vilified as perpetrators of the crisis, the public distrust compounded by massive public bailouts. Nevertheless, another form of banking has also emerged, with a focus on promoting economic sustainability, investing in community, providing opportunity for the disadvantaged, and supporting social, environmental, and ethical agendas. Social Banking and Social Finance traces the emergence of the “bank with a conscience” and proposes a new approach to banking in the wake of the economic crisis. Featuring innovations and initiatives in banking from Europe, Canada, and the United States, Roland Benedikter presents an alternative to traditional banking practices that are focused exclusively on profit maximization. He argues that social banking is not about changing the system, but about improving some of its core features by putting into use the "triple bottom line" principle of profit-people-planet. Important lessons can be learned by the success of social banks that may be useful for the greater task of improving the global financial system and avoiding economic crises in the future.
Download or read book Creating a More Efficient Financial System written by Thorsten Beck and published by World Bank Publications. This book was released on 2006 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: "While Bangladesh has embarked on a path to reform its financial system, most prominently by privatizing its government-owned banks, the Nationalized Commercial Banks (NCBs), a sustainable long-term expansion of the financial system requires a more substantial change in the role of government. Using recent research and international comparisons, this paper argues that the government should move from its role as an operator and arbiter in the financial system to a facilitator role. This implies not only divestment from government-owned banks, but also de-politicization of the licensing process and a market-based bank failure resolution framework that focuses on intermediation and not on the rescue of individual institutions. Most important, the government should move away from the implicit guarantee for depositors and owners to applying the existing limited explicit deposit insurance for depositors, while simultaneously relying more on market participants to monitor and discipline banks instead of micro-managing financial institutions. This redefinition of government's role should not be limited to the banking system, but applies to other segments of the financial system, such as capital markets and the micro-finance sector, and should be seen as an essential element in the governance reform agenda and in the movement from a relationship-based economy to a market and arms-length economy. "--World Bank web site.
Download or read book Current Status of E Banking Practices in Bangladesh written by Mohamamd Sadekin and published by . This book was released on 2016 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of present study is to find out the practice and impact of e-banking in Bangladesh. The investigation was concentrated in various divisions, districts, towns and rural areas in Bangladesh. The sample consisted of 120 bankers and bank customers, were selected purposively from various territory. Data was collected using questionnaire administrated by the researcher. Data were processed through micro computer using Statistical Package for Social Science (SPSS). For analyzing data suitable statistical tools such as chi-squire test and Pearson product correlation were used. From the analysis of data the following major findings were obtained: i. almost all Bangladeshi banks offer e-banking services. State owned commercial banks are in backward position. ii. Quality of e-banking services in Bangladesh is not good.iii. E-banking practice in Bangladesh is not highly secured. iv. Many users have no personal computer and internet connection. They use outside computer for e-banking functions. v. Bangladeshi users have lack of awareness about e-banking and its security. vi. Power crisis is a barrier for e-banking promotion in Bangladesh. vii. Bangladesh does not have sufficient infrastructure which is essential for e-banking. viii. Internet connection in Bangladesh is not sufficient speedy. ix. E-banking required minimum man power than traditional banking. x. E-banking reduces carrying cash. Cards are used for shopping.
Download or read book Green Banking written by Shamma Al Mulla and published by . This book was released on 2020 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental degradation and natural resource shortages are increasingly becoming a threat to human life. Based on the recent research conducted, the prevailing condition of environmental pollution can effectively be addressed through financial institutions and banks. The primary element is starting and managing businesses to take into account land, labor, and capital act. Businesses cannot run without adequate capital. Different types of industrial and production organizations are the key source of finance to most banks and financial institutions. Therefore, there is a great need to come up with a banking system that will aid in reducing pollution on the environment. In an attempt to address the issues of environmental degradation, most countries have adopted the Green Banking practices to provide an alternative for other banking systems. The inability to take into consideration the role of various stakeholders during the implementation stages has been considered a major challenge facing the adoption of this type of banking system. The research paper conducts a comprehensive study on Green Banking and its application in ensuring environmental sustainability. There have been concerns on how Green Banking can contribute to environmental sustainability. The aim of the study is to determine the role of green banking practices in fostering environmental sustainability development by obtaining and testing the data obtained from Dutch-Bangla Bank Limited. Secondary data was employed by the study to investigate the topic of the study. The descriptive statistical tools like simple average, tables, and percentage have been employed by the study to present the data collected from the secondary sources. The result obtained showed that Green Banking practices such as online banking, paperless banking system, and green lending policy contribute positively towards environmental sustainability.
