Bangladesh Urged to Prioritize Climate-Focused Startups for Future Security
Dhaka, bangladesh – A new opinion piece published in The Daily Star argues that Bangladesh must urgently shift its focus towards supporting startups dedicated to sustainability, climate change mitigation, and environmental resilience, warning that the nation is currently lagging behind in a crucial global shift. The article stresses that continued reliance on outdated economic models risks jeopardizing Bangladesh’s future given its limited land and growing population.
The call for change comes as a global economic landscape increasingly prioritizes environmental solutions. Historically, industries like steel, automobiles, and finance have driven major societal transformations. More recently, the digital revolution, spearheaded by companies like Amazon, Google, and Facebook, has reshaped the world. Though,the author contends that the most impactful startups today are those addressing pressing environmental concerns – recycling,renewable energy,water conservation,green construction,and enduring agriculture.This shift isn’t merely a trend, but a global priority attracting investment and policy attention. The piece highlights a concerning disconnect in Bangladesh, where innovators working on green solutions often operate in isolation, facing challenges in securing funding, gaining recognition, and receiving adequate support.
The author criticizes Bangladesh’s tendency to replicate past successes from other markets without considering their current relevance. They argue that the existing barriers to entry for startups – encompassing licensing, compliance, funding access, and mentorship – are excessively high, stifling genuine innovation.
Bangladesh, with nearly one in forty of the world’s population, faces notably acute pressure on its limited and shrinking land resources. The article points out that nations with comparable GDPs are already leveraging innovation to advance, while Bangladesh remains focused on defining basic terms.
The author emphasizes the need for bold, locally-rooted solutions that address both present and future challenges, advocating for a move away from simply replicating popular models. Successfully fostering these businesses,the piece concludes,is not only vital for economic growth but also for securing a sustainable future for bangladesh.
The article was written by the co-founder and CEO of accfintax.
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