Abstract
Economy for green is currently becoming a “buzz word” among producers, suppliers and consumers, which is also receiving impetus in Bangladesh. Based on the literature review, a number of theoretical relationships were empirically tested. An investigative query is: to what extent the green economy is flourishing with a via to extend sustainability of the state with competitive advantage? Structured questionnaire was deliberated in order to find the relationships between the demographic variables and the green ecosystem. Time period of the research was October 1, 2017 to March 31, 2018. It was empirically observed that the relationship between the respondents of both genders and usability of green production in the country exists; the connection between business type and sensitivity of any green product is easily obtainable; the linkage between business type and awareness of any green product is accessible in the market; the linkage between type of institution and encouraging goods and services of any “Green Product” in Bangladesh occurs; the relationship between different types of institutes and use of Green Product consumption is applicable in the country. Economy for Green can possibly reduce the magnitude of the worst shock of natural disasters which increasingly occur as regular variation in addition to severe problems on human being and non-human assets. Consumers and producers are essential by conscious of green concept. Green Investment Bank in Bangladesh may be established to accomplish a broad range of economic support for innovative green projects and technologies leading to increasing capacity and sustainable connections.
Highlights
Green economy is linked with the atmosphere of greener through coordination of creative potential in manufacture, production, services, buildup, share and deployment with keeping natural balances
This study has found that the plan to produce green products has strong and significant influence on the actual production and sale of green products
Bangladesh leads to expression of diverse nature, distinct and disastrous blows engendering survivals and maintenances of the peripheral portion of the inhabitants as a tragic scenario of a victim of nature
Summary
Green economy is linked with the atmosphere of greener through coordination of creative potential in manufacture, production, services, buildup, share and deployment with keeping natural balances. Professor of Economics, Dhaka School of Economics, Constituent Institution of University of Dhaka, Bangladesh. Rahman (2013) commented that green finance can be done by banks and financial institutions for which Bangladesh Bank (central bank of the country) provided procedures. The Green products are gradually becoming popular in the country. Private sector of the country is working in above noted aspects but with a limited space
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