Abstract
This chapter provides a critical discussion of the factors influencing the digitization of green finance in Bangladesh, a country located in the north-eastern part of South Asia. Although Bangladesh has several green funds for financing renewable and other climate-related projects to achieve the sustainable development goals (SDGs), the proportion is significantly low. Apart from the other identified barriers, the absence of a solid policy framework is a significant loophole hindering the digitization of green finance in Bangladesh. Therefore, the chapter argues that the primary objective for the government of Bangladesh is to focus on preparing a policy framework for digitization side by side with establishing strong regulatory authority for market regulation and stability. The chapter also highlights the importance of interdisciplinary research and development programs for acquiring new FinTech ideas for facilitating green digital financing in Bangladesh for green transition and meeting the SDGs.
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Bin Amin, S., Taghizadeh-Hesary, F., Khan, F. (2022). Facilitating Green Digital Finance in Bangladesh: Importance, Prospects, and Implications for Meeting the SDGs. In: Taghizadeh-Hesary, F., Hyun, S. (eds) Green Digital Finance and Sustainable Development Goals. Economics, Law, and Institutions in Asia Pacific. Springer, Singapore. https://doi.org/10.1007/978-981-19-2662-4_7
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