How green is the green banking investment in Bangladesh? A Paradox of Green Banking Practices

Hafij Ullah, Parvez Mia

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Banking sector plays a critical role in economic development while their activities are also equally responsible for social and environmental damage such as violation of human rights, loss of biodiversity, climate change in Bangladesh. A careful examination of investing and financing activities disclosed in annual reports of 35 selected banks suggest that, while banks are taking several in-house and external green initiatives, many of them are also actively investing and funding projects like shipbreaking that are a threat to environmental sustainability and prone to the human rights violation. This study urges the government, policymakers, and central bank in developing policies and regulating banks; stakeholders in understanding banks’ commitment and actions to safeguard the environment and human rights, and managers in measuring, reporting and mitigating the social and environmental impact through their current and future lending policies.
Original languageEnglish
Title of host publicationHow green is the green banking investment in Bangladesh?
Subtitle of host publicationA Paradox of Green Banking Practices
PublisherIGI Global
Pages(In-press)
Volume(In-press)
Publication statusAccepted/In press - 12 Jun 2019

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  • Cite this

    Ullah, H., & Mia, P. (Accepted/In press). How green is the green banking investment in Bangladesh? A Paradox of Green Banking Practices. In How green is the green banking investment in Bangladesh?: A Paradox of Green Banking Practices (Vol. (In-press), pp. (In-press)). IGI Global.