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Bank credit remains scarce in Bangladesh where climate risks are highest

20 October 2026 at 13:01
For 34-year-old Saiful Gazi β€” a resident of Ramjannagar Union in Shyamnagar, Satkhira, an area highly vulnerable to climate change β€” securing institutional financing is a major struggle. Gazi, who supports a family of four, endured the devastating Cyclone Aila on May 25, 2009. Cyclone Aila claimed 190 lives and affected approximately 3.9 million people in Bangladesh. Despite living in a disaster-prone region, he ventured into the fish business in 2022. Although he recently applied for a loan from a private bank to expand his operations, his application was rejected due to a lack of collateral and the necessary documentation. He was compelled to take out a high-interest loan from a local NGO to keep his business running. Across Bangladesh, some of the regions most exposed to cyclones, floods, salinity and river erosion continue to receive only a small share of the country’s bank credit, raising questions about whether formal financing is reaching communities that need it in order to adapt to a changing climate. In Bangladesh, there are eight divisions named after the major regional cities: Barishal, Chattogram, Dhaka, Khulna, Rajshahi, Rangpur, Mymensingh and Sylhet. These divisions are the highest administrative unit in the country. Bangladesh Bank data show that lending remains heavily concentrated in Dhaka and Chattogram divisions, the country’s main commercial and industrial centers. Together, the two divisions accounted for about three-quarters of total bank loans and advances in the April-June quarter of 2026. The concentration is particularly striking in climate-vulnerable areas. Barishal, Khulna, Sylhet and Mymensingh…This article was originally published on Mongabay

Illegal e-waste trade turns Bangladesh into net importer

9 June 2026 at 08:45
In Bangladesh, poor oversight of unlawful cross-border trade in hazardous electronic waste continues, turning the country into a net importer of electronic waste. The country has rules to control e-waste. It is also a party to the Basel Convention and has introduced its own laws, like the Hazardous Waste (E-waste) Management Rules (2021). However, enforcement of these frameworks remains weak. Mongabay obtained and reviewed the document outlining Bangladesh’s import and export of e-waste, revealing key details on trade flows and regulatory gaps. The document, by the National Board of Revenue (NBR), shows that 40 companies imported e-waste under HS code 8549 β€” the international customs code for trading e-waste β€” at various times between 2022 and 2025, in apparent violation of the Basel Convention, an international treaty to reduce the movements of hazardous waste between nations. The textiles and apparel industry leads at 27%, or about one quarter, of all e-waste importers. No response from importers Mongabay reached out to Unilever Bangladesh Limited, one of the 40 e-waste importing companies and the only one that responded. Shamima Akhter, director of corporate affairs, partnerships & communications of Unilever Bangladesh Limited, said in an email on May 21, β€œWe confirm that we have not imported any e‑waste or restricted items. The product concerned is a load cell, which is a precision measuring instrument, and the correct HS Code for this item is 90318, as declared in our import documentation. Any change to HS Code 8549 during the clearance process was made independently…This article was originally published on Mongabay

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