Green Financing [Some Random Thoughts]
The world continues to face twin challenges: of expanding economic opportunities for all in the context of a growing global population; and addressing environmental challenges that, if left unaddressed, could undermine our ability to seize these opportunities. In the face of pressing economic and environmental challenges, national and international efforts are needed to promote green growth. It could be achieved through green financing, a financing mechanism that will ensure sustainable use of natural resources, efficient and prudent use of energy, conservation of global biodiversity and ecosystem. Green financing is a matter of both economic growth policy and sustainable environment protection policy. It is important to tackle two key imperatives together: the continued inclusive economic growth needed by developing countries to reduce poverty and improve wellbeing; as well as improved environmental management needed to tackle resource scarcities and climate change. Bangladesh i...