Seminar at DU on Financial Risks in Coastal Tourism Impact of Climate Change

Special Representative:

A seminar on Financial Risks in Coastal Tourism in Bangladesh due to climate change has been held under the Department of Banking and Insurance in the Faculty of Commerce, University of Dhaka. Samshad Naureen, Associate Professor of Tourism and Hospitality Department, presented the research results in the second seminar of his Ph.D. The present teachers and researchers feel that the results and question-answers of the research topic 'Imapct of Climate Change and Financial Risk on Coastal Tourism in Bangladesh' have been presented satisfactorily.

On Tuesday (February 7) at 11.30 a.m. in the seminar of the Faculty of Commerce, researcher Samshad Naureen said that tourism in Bangladesh depends on nature, therefore climate is an influential regulator in tourism.

As a result of climate change, the temperature is increasing, resulting in various natural disasters including temperature, resulting in financial risks in tourism. Investors in tourism are suffering. Tourism is a financially lucrative sector so we need to plan for the long term. He collected primary and secondary data in the research work. For second stage information and data, Bangladesh Bank, Government Bank, Private Bank and Investor collect financial information from various financial institutions.

Bangladesh Tourism Corporation for tourism data, IPCC (Intergovernmental Panel for Climate Change) for climate data. To collect primary data, he went directly to Cox's Bazar, Patuakhali and Satkhira districts and interviewed everyone related to tourism and climate.

He thinks that among the three districts, Cox's Bazar district is more vulnerable. On the other hand, Patuakhali and Satkhira districts are almost risk-free. For this reason, these two districts of Patuakhali and Satkhira need to be invested more and more. Investors can take risks if they are given financial support. Eco-friendly and risk-free tourism requires long-term planning in which cooperation between government and non-governmental organizations is required.

  Research supervisor Professor Shibli Rubayatul Islam (Professor, Department of Banking and Insurance, Dhaka University and Chairman, Bangladesh Security and Exchange Commission) said that global warming is a major challenge in the 21st century, besides the tourism industry of Bangladesh is a leading sector which has contributed a lot to the national income for the last two decades. kept

  Climate change is a major obstacle to the progress of the tourism industry, causing huge financial losses to the country every year as presented in this study. If such basic and informative research is more, the tourism industry of Bangladesh, financial institutions and the country's economy will be more prosperous.

The chairman of the banking and insurance department chaired the seminar. Hasina Sheikh said that such basic research will enrich the university and the higher education of the country.

Also many distinguished teachers and researchers of the university and faculty were present.