CSR and sustainability

According to Oxfam, the world’s richest 1 per cent are responsible for 15 per cent of global emissions. This class is mostly made up of millionaires, who now total nearly 60 million globally and are projected to grow in number to over 65 million by 2028

This significant reduction has sparked concerns among stakeholders, as Islamic banks have traditionally played a vital role in addressing social challenges through initiatives funded by Shariah-compliant sources such as Zakat

Officials said that development partners reduced grants for infrastructure projects following Bangladesh's graduation from Lower- Income Countries (LIC) status to Lower Middle- Income Country (LMIC) in 2013.

As the world grapples with the urgent need to combat climate change, India’s Biennial Update Report-4 serves as a testament to the power of proactive, inclusive, and equitable climate policies.

The proposed Green Bank is envisioned as a specialised institution under a global-standard climate-bank model, with a paid-up capital of Bangladeshi Taka 3.24 billion.

Countries that are the least responsible for climate change are expected to suffer the greatest economic and environmental impacts as they have the fewest resources “to adapt to its impacts.”

By promoting recycling and resource efficiency, the revised rules aim to conserve natural resources, reduce greenhouse gas emissions, and contribute to a circular economy.

By promoting these collaborative efforts, the Union government aims to minimize waste disposal, recover valuable materials, and establish recycling units in partnership with recyclers, refurbishers, and start-ups.