Green Banking is any form of banking from which the country and nation gets environmental benefits. A conventional bank becomes a green bank by directing its core operations towards the betterment of the environment. Green Banking has become a buzz word in today’s banking world. It means developing inclusive banking strategies which will ensure substantial economic development and promoting environmental-friendly practices as well. This paper focuses on the Green Banking activities of the commercial banks of Bangladesh and we also tried to reason why this policy was adopted and make a comparison among the green banking practices of the commercial banks as well. The policy guidelines will also be focused. The regulations regarding Green Banking are also discussed.
Long before the Kyoto Protocol was signed, a number of companies and NGOs started to invest voluntarily in forest carbon offsets thereby creating a voluntary carbon market. Within the climate movement, the assessment of forest carbon offsets for mitigating climate change is one of the major ‘battle lines.’ A large group of critical civil-society actors categorically rejects these instruments. This group sets the formation of carbon markets in the wider context of finance-driven neoliberalism. Rather established international NGOs, such as Conservation International actively support forest carbon offsets as additional incentives for forest conservation. In 2005 international NGOs, companies and academic institutions developed the Climate, Community and Biodiversity Standards (CCB). CCB standards aim to guarantee that certified projects mitigate climate change and contribute to local development and habitat conservation. Drawing on two forest carbon offsets certified according to the CCB standards this contribution analyzes the role of civil society actors within forest carbon offset governance and seeks to evaluate the in- and output legitimacy of the CCB standards.
The success of international efforts to manage climate change depends on the participation of emerging economies. This book uses a comparative study of two of the most important, India and South Africa, to reveal new insights into managing climate change on a global scale.
The book provides a unique in-depth analysis of how these two countries are dealing with climate change at both national and province levels, from India’s advances in solar and wind energy development to South Africa’s efforts to introduce a carbon tax. Using the innovative theoretical framework of climate knowledge systems, it explores how people in India and South Africa engage with one other, learn and act by forming communities of practice. The book identifies the drivers and barriers of climate governance, showing how different forms of scientific, technological, normative and pragmatic knowledge can aid climate governance and analysing how the underlying mind-set that guides climate action in these countries is changing.
This paper reviews the current state of behavioural economics and its applications to energy efficiency in developing countries. Taking energy efficient lighting in Ghana, Uganda and Rwanda as empirical examples, this paper develops hypotheses on how behavioural factors can improve energy efficiency policies directed towards poor populations. The key argument is that different types of affordability exist that are influenced by behavioural factors to varying degrees. Using a qualitative approach, this paper finds that social preferences, framing and innovative financing solutions that acknowledge people’s mental accounts can provide useful starting points. Behavioural levers are only likely to work in a policy package that addresses wider technical, market and institutional barriers to energy efficiency. More research, carefully designed pre-tests and stakeholder debates are required before introducing policies based on behavioural insights. This is imperative to avoid the dangers of nudging.
Domestic climate policies and the actual environmental performance differ between emerging economies. Using a fuzzy set Qualitative Comparative Analysis (QCA), this paper tests the influence of the domestic green industry, the ratio of fossil fuels to financial power, the international negotiating position, and the environmental civil society in Brazil, China, India, Indonesia, South Korea, Mexico, and South Africa. A bad ratio of domestic fossil fuel production to financial power and a weak environmental civil society are a sufficient condition for weak climate policy performance. A weak domestic green industry combined with a weak influence of the negotiations only explains some of the cases.
This paper addresses the challenge of Germany׳s energy transition (Energiewende) as the centrepiece of the country׳s green industrial policy. In addition to contributing to global climate change objectives, the Energiewende is intended to create a leading position for German industry in renewable energy technologies, boost innovative capabilities and create employment opportunities in future growth markets at the least possible cost. The success in reaching these aims, and indeed the future of the entire concept, is hotly debated.
This paper was prepared at the request of the Republic of Nauru, Chair of the Alliance of Small Island States. The global low-carbon transformation, needed to tackle the climate crisis is within reach but will require immediate decisive political action from leaders around the world. This paper identified the imperatives for transformative action to a low-carbon economy, technological opportunities, as well as necessary policy, financial and economic considerations.
In recent years there has been increasing support for establishing successful models of REDD+ and low emissions development (LED) efforts at a jurisdictional scale. Jurisdictional efforts were designed to overcome the shortcomings of project-based approaches by working across land-use types and with multiple stakeholders to create models for national implementation. This study analyzes some of the most advanced REDD+/LED initiatives worldwide - including a critical look at the success and challenges to date - to understand what is needed to succeed going forward. Eight diverse jurisdictions were studied: Acre, Brazil; Berau, Indonesia; Ghana’s cocoa ecoregion; Mai Ndombe, Democratic Republic of the Congo (DRC); San Martín, Peru; São Félix do Xingu, Brazil; the Terai Arc, Nepal; and the Yucatan Peninsula, Mexico.
This paper presents a framework for a green economy transition in tourism destinations. While the literature has suggested many models to guide sustainable tourism, very few studies have investigated the green economy in a tourism context. The main distinguishing factor between the green economy and sustainable development may be described as the acknowledgement of climate change as an existential threat to society and the aim to avoid policy, management and governance fragmentation (which has been common for environmental issues) by addressing greenhouse gas emissions, resource efficiency and social inclusiveness holistically at the economic level. This study frames the green economy concept from a tourism perspective and presents a model for translating the green economy concept into a tourism stakeholder engagement process. The model was tested in the case study of Bali, Indonesia, involving research methods such as visioning group techniques with tourism stakeholders, tourism economy and employment forecasting, resource efficiency estimates as well as resident and visitor surveys.