Bangladesh's progress in green business in a number of cases is yet to leave any visible impact on effective and efficient green growth businesses.
Lack of a comprehensive green growth strategy is the main reason for such a failure to build a robust economy based on green technology and innovation.
Speakers at a public-private partnership dialogue observed recently that the absence of a comprehensive green growth strategy created vacuum in enjoying the green benefits and ensuring sustainability of the investment later on.
They also laid emphasis on identifying a framework for a successful green business model and establishing a platform for promoting green business.
They also observed that the private sector mainly readymade garment industry (RMG) has made progress in green business for its own interest.
But new industries are yet to play their due role, they said.
Centre on Budget and Policy (CBP) of Dhaka University and Asia Foundation organized the dialogue titled 'Role of private sector in promoting green business in Bangladesh' at the NBR conference room in the city.
NBR Chairman Mosharraf Hossain Bhuiyan attended the dialogue as the chief guest.