An Emerging Consensus on Green Economics: Lessons for Bangladesh

Abstract

The term Green Economics is a thoughtful segment of economy that exhibits a deep revere for nature. It is primarily a system of ideas and principles, rather than a rationally argued intellectual position. Although the very concept of Green Economics has immense impacts on developments in strategy and politics, it is presently less well grounded in the academy. Green Economics suggests an alternative to mainstream economics, which views society and the ecosystem as subsets of the wider, global economy. In this paper authors try to outline some key issues central to a green study of the economy: the emergent meaning of Green Economics, potential sectors, propositions for ecological base, and core beliefs of Green Economics for Bangladesh. The study imperatives will attribute to the inherent dependency of economic system and environment which will ultimately help to minimize negative impacts on environment. For the study, the researchers have meticulously reviewed the research documents and other literatures relevant to the subject matter and contemplated on the inner thoughts in the commentary. This piece of effort will be helpful for the financial institutions, researchers and policy makers.