Green Economy and Environmental Governance Pathways toward a Sustainable Future in Bangladesh
DOI:
https://doi.org/10.54536/ajee.v5i1.6262Keywords:
Environmental Governance, Green Economy, Institutional Efficiency, Policy Enforcement, Stakeholder Engagement, Sustainable DevelopmentAbstract
This article explores the role of environmental governance in promoting green economy agenda in Bangladesh, a country seeking pathways to sustainable development. Using a quantitative approach, a structured questionnaire was used to survey 400 respondents both online and offline, with the digital survey tool Kobo Toolbox. Representation was ensured across key sectors and groups of stakeholders through a stratified random sampling approach. The results of the analysis, carried out through SPSS version 26, descriptive statistics, correlation, and regression, to assess the relationships between governance variables (institutional efficiency; policy enforcement; transparency and accountability; and stakeholder engagement) on implementation of green economy initiatives. The results indicate that the adoption of green practices is significantly positively associated with all dimensions of governance, and that weak governance attenuates this association negatively. The research emphasizes the importance of sound governance measures to enhance sustainability, indicating the necessity for stronger institution building, enforcement rigidification, transparency enhancement and stakeholders’ involvement. These findings offer practical recommendations to policy makers, firms and other stakeholders who aim to facilitate Bangladesh’s shift towards an environmentally sustainable green economy.
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