Skip to main content

Posts

Showing posts from June, 2019

Green Banking

In the last few years, the term green banking has become very popular. Like other institutions, banks also have liability towards the environment which they can perform by practicing green banking. In laymen's terms, green banking means practicing banking activities in such a way that it will not cause harm to the environment. Already the developed countries have started practicing green banking. Green banking can be practiced in two ways the first one is the traditional method that is reducing the paperwork and focus more on electronic banking process. The second one is providing environmentally responsible financing that is providing loans and finance to such organizations that are focusing on protecting the environment like solar power industries, building self-driven cars, industries that use renewable energy and works on reducing pollution. Like other developing countries, Bangladesh is also practicing green banking. Bangladesh Bank has also provided some guidelines for gree

Blue Economy (Bangladesh Perspective)

Most of us have heard of Green Economy but Blue economy is a new emerging concept without which Green Economy cannot succeed. Like a coastal country like Bangladesh, practicing Blue Economy can cause social and economic development. Bangladesh has recently settled its dispute regarding the maritime boundary with Myanmar and India in 2012 and 2014. So the economic territory of Bangladesh is 200 nautical miles. The Bay of Bengal is filled with immense natural resources. According to the experts, there are almost 50 varieties of fishes along with snails, shell-fish, crabs, sharks, octopuses, and others. Every year Bangladesh can collect almost 8 million tons of fishes which is available in the Bay of Bengal. The sea area of Bangladesh also has natural gas fields and various minerals. The country can be profited by extract minerals and gas. As Bangladesh is a densely populated country, we can focus on seafood for fulfilling the need of protein of the people of the coastal area. Besides a