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PROSPECT AND CHALLENGES OF GREEN INDUSTRY DEVELOPMENT IN A DEVELOPING COUNTRY: A CASE STUDY ON BANGLADESH Print E-mail

Farjana Yasmin[1]

Abstract

The green industry is essential for long-term sustainability, both environmentally and economically. This study aims to explore obstacles and benefits for establishing green industry. This paper also attempts to raise awareness among government and industry owners about the importance of the green industry. This study reveals that the green industry has played a vital role in future long-run economic, social, and environmental benefits. However, lack of awareness, poor economic conditions, lack of government support, and unclear national policy have remained the significant barriers to entrepreneurs establishing green industries in Bangladesh. Although the government of Bangladesh has given some financial assistance to establish a sustainable industry, it is not enough to adequately fulfill the needs of such an industry. Finally, this study also provides pragmatic recommendations to foster green industry development in Bangladesh.

Keywords: Green industry, Sustainability, SDG, 4R, LEED, BEER, Bangladesh

[1] Farjana Yasmin is a Senior Assistant Secretary of Research & Development, Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA), Dhaka, Bangladesh ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it )

Cite this article:
Yasmin Farjana. PROSPECT AND CHALLENGES OF GREEN INDUSTRY DEVELOPMENT IN A DEVELOPING COUNTRY: A CASE STUDY ON BANGLADESH. Innovative Issues and Approaches in Social Sciences, vol.17:238-261,

Digital Object Identifier(DOI): https://doi.org/10.5281/zenodo.10329070
View full text in pdf: http://www.iiass.com/pdf/IIASS-2024-art12.pdf

 

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