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Climate-friendly business: A study to assess its potential in the coastal areas of Bangladesh

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Abstract

Climate change is accelerating with adverse impacts on less developed and developing countries, mainly where industrialization and economic development are growing worldwide. However, the consequences of climate change and vulnerabilities are not equal for all countries and communities in the world, triggering people in vulnerable areas to improve their economic condition. Bangladesh is experiencing the impacts of climate change as one of the most vulnerable countries, where people in coastal areas face a scarcity of resources. Hence, the coastal areas need climate-friendly business plans to promote sustainable resource utilization while protecting the environment. Following the background, we conducted this study to understand the people’s perception of the potential of climate-friendly business in the coastal areas of Bangladesh. We also uncovered the scopes and challenges, including setting the priority of the related issues through a SWOT (Strength, Weakness, Opportunity, and Threat) analysis. We conducted 110 individual surveys, eight focus group discussions, and ten key informant interviews in Khulna and Barishal districts of Bangladesh. Our findings reveal that changing rainfall patterns affect people’s income sources, where 96% of the people identify that the increasing rate of disasters hampers their livelihood. Also, 53.64% of the people are unaware of climate-friendly business concepts, and 85.45% of the people positively support girls doing business in the community. Besides, the engagement of young people in the climate-friendly industry appears as a strength, whereas financial crisis and lack of training are weaknesses. Therefore, support of non-government organizations may emerge as an opportunity. On the other hand, the impact of the increasing rate and intensity of disasters may fall as a threat in the future. Consequently, a collaboration of government, non-government and local communities is needed to ensure the prospects of climate-friendly businesses in the coastal areas of Bangladesh.

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Acknowledgements

Authors would like to express gratitude to National Youth Advisory Board (NYAB) and District Youth Advisory Board (DYAB) of Khulna and Barishal of Empower Youth for Work (EYW) project of Oxfam Bangladesh for their support during data collection. We are also thankful to local communities for their cordial help while conducting data collection, and FGD in their communities.

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Authors and Affiliations

  1. Department of Climate and Disaster Management, Jashore University of Science and Technology, 7408, Jashore, Bangladesh

    Md. Arif Chowdhury

  2. Institute of Water and Flood Management (IWFM), University of Engineering and Technology (BUET), 1000, Dhaka, Bangladesh

    Nusrat Jahan Tarin & Sujit Kumar Roy

  3. Soil, Water, and Ecosystem Sciences Department, University of Florida, Gainesville, USA

    Swarnali Mahmood

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  1. Md. Arif Chowdhury
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  2. Nusrat Jahan Tarin
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  3. Sujit Kumar Roy
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  4. Swarnali Mahmood
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Correspondence to Md. Arif Chowdhury.

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Chowdhury, M.A., Tarin, N.J., Roy, S.K. et al. Climate-friendly business: A study to assess its potential in the coastal areas of Bangladesh. J Coast Conserv 26, 65 (2022). https://doi.org/10.1007/s11852-022-00914-y

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