Project report on Green Banking in Bangladesh: “Role of Private Commercial Banks”

Abstract

The project report highlights the significance of green banking in Bangladesh and how various banks have implemented the policies and framework of green banking as per the guidelines of the Bangladesh Bank. In this report, the main focus is on how banks are practicing green banking and their contributions. The rise of global climate change has highlighted green banking as a key approach for reducing carbon emissions and supporting global protection. In this report, the term sustainable/green banking is being discussed, and how different banks, such as SOCBs, PCBs, SDBs, FCBS, and FIs have adopted green banking policy through internal environment management, climate resilience fund, sustainable financing, CSR activities, and digital banking services. Bangladesh Bank policy guidelines were evaluated; besides these, there was also a lack of adequate data and limited disclosure by some banks. This report has also disclosed the data from 2021 to 2024 from the Bangladesh Bank website about banks' green banking practices, their implementation, and their investment in the sectors of green finance. This is also noteworthy that PCBs (Private Commercial Banks) lead in most of the green initiatives, maintaining the sustainability of the earth, while most of the banks are lagging.