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    Green business

    The Challenge of the “Carbon Aristocracy”

    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

    Sri Lanka to Allocate 50,000 Acres for Industrial Development

    Entrepreneurs outside Board of Investment zones often face lengthy approval processes, with some projects requiring special gazettes and parliamentary approval, making it nearly impossible for independent investors to navigate the system without government intervention.

    Japan’s Leading Trading Houses Skirt Energy Security and Climate Goals

    The sogo shoshas have played a crucial role in Japan’s industrial and economic development. However, the environmental advocacy group, Market Forces, says that these corporations continued investment in liquefied natural gas (LNG) terminals and gas power plants contradicts global decarbonisation efforts.

    Sri Lanka Rejects Earlier Pricing for Adani Wind Power Projects

    Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.

    Pakistan Calls for Concessional Financing for Clean Energy at UN Event

    The special event was organized by the "Group of Friends of Energy," an informal coalition of member states that actively collaborate and advocate for policies and initiatives promoting sustainable energy access and development worldwide.

    A Jack of All Fruits

    For Bangladesh, the world’s second-largest producer of jackfruit, the fruit was a natural choice. Jackfruit is also the country’s national fruit and symbolizes abundance. Yet much of the potential of this fruit remained untapped.

    Dhaka’s Mass Transport Crisis Drives Surge in Personalized and Non-Motorized Transport

    Walking alone has seen a remarkable increase, accounting for 36 per cent of total trips in 2023, up from 31 per cent in 2014 and 19 per cent in 2009.

    Bangladesh: Steep Fall in CSR Spending by Banking Biggies

    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
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    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Super El Niño Threatens Pakistan: Climate, Economic, and Human Security Risks Escalate

    Climate change is amplifying these risks, as warmer baseline ocean and atmospheric temperatures can intensify extremes.

    Amnesty Calls for Halt to Afghan Deportations Amid Escalating Human Rights Crisis

    Amnesty International has issued a stark appeal to governments worldwide: stop the unlawful expulsion of Afghan refugees and asylum seekers.

    Must read

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Super El Niño Threatens Pakistan: Climate, Economic, and Human Security Risks Escalate

    Climate change is amplifying these risks, as warmer baseline ocean and atmospheric temperatures can intensify extremes.
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    Bangladesh’s Street Children Battle Cold and Neglect

    Late at night at the Khamarbari intersection, groups of nearly 40 displaced individuals –including many children – huddle around small fires made from burning scraps of wood and paper. The flickering flames offer fleeting warmth against the biting chill, but the bare pavement beneath them provides no cushion or protection. Children in thin, filthy sweaters shiver as they chat or try to sleep, their bodies pressed together for shared heat.

    Nepal: Foreign Minister Calls for Urgent International Climate Finance for Nepal’s Mountain Regions

    Though Nepal has introduced climate budget tagging to track climate-related public spending, gaps remain in strategy, transparency, and alignment with national climate goals.