The present era of industrialization and globalization has added a lot of comfort and luxury to human life but has also lead to an alarming situation of huge environmental degradation incorporated with all the involved activities. Today, the entire sector in the world economy is facing huge challenge to deal with the environmental problems and their related impacts in their day-to-day businesses. Not only the business firms have realized the importance of the environment but more than that an immense awareness is seen among the consumers and general public for the same. Due to all these reasons the business organizations have started modifying their activities and strategies so as to ensure protection to our natural resources and environment. In this context the financial sector and especially the banks can play an important role in promoting environmental sustainability. In the present paper green banking and sustainability has been discussed in detail. The paper also highlights on the stages, initiatives, benefits and future of green banking in Bangladeshi context. The paper also discusses about the various organizations and laws and guidelines for environmental conservation and sustainability and Green Banking.
Green Banking has become a buzz word in today’s banking world. For going green products, electronic compliances, motor vehicles etc. for eco-friendly atmosphere.
Automation and improved in house green activities, required and rigorous training program for top/mid/lower level management and at the same time clients as well need to be carried on. Board/Competent authority should be aware and updated of the current green banking activities and development. Green Banking now is not only limited to awareness but also in practice. It is now expected from all scheduled banks that they would not only allocate budget for green finance, green event or green projects under CSR activities, green marketing and capacity building but ensure the efficient utilization of budget allocation. Finally, we can say that going green should be the motto of all commercial banks.
Green Project Bd. International Limited (GPBIL) was established and registered in Chattogram City Corporation from 2020 and Trade License No:157003/2023, under its office located in 485, Sekandar Bhaban (3rd Floor), 485 Dewanhat, Chattogram -4100, Bangladesh. The company mainly involves in Environment – friendly green project established and financing. The company has long standing relationship with a number of reputed financial institution, industry and wide variety of client base.
GPBIL has accumulated a strong and healthy market trust through a simple principle that we follow: Earn Trust with Business. GPBIL has been providing support and services to all major Green and Eco-friendly industries, contractors and traders in the all regions. The goal of GPBIL taking the current in business, industry sector, construction sector developing and growing it within the sector by providing the trust and quality that our customers have learnt to rely on. The Company brings a complimentary expertise and experience to the organization.
The company’s management and staff have a complimentary experience in finance, banking, project management, supervision & implementation.