Green Microfinance Promoting Sustainable Development Goals (SDGs) in Bangladesh

Abstract

Green microfinance policy encourages Microfinance Institutions (MFIs) to provide green microfinance to promote environmental friendly for substantial financial development in SDGs. This paper examines the relation of profitability with green microfinancing on MFIs in Bangladesh. This paper aims to observe microfinance and Sustainable Development Goals (SDGs) for green microfinance development. The finding suggests that the significant aspects of green microfinancing are very much consistent with SDGs. The paper also investigates how far the MFIs in Bangladesh have been adopting green microfinancing to measure the future of green microfinancing and SDGs for Bangladesh. Among the first few to critically examine green microfinance from the perspectives of MFIs, this study is thought to be beneficial for the organizations and policymakers in the effort to evaluate the function and contribution of MFIs in addressing the primary environmental issues in Bangladesh. Moreover, through a meticulous evaluation of the adherence to the existing green microfinance policy, this research can be expected to become one of the blueprints to encourage green MFIs in Bangladesh.