Best Sustainable Finance Lawyers in Dhaka

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Counsels Law Partners (CLP)
Dhaka, Bangladesh

Founded in 2016
50 people in their team
Bengali
English
Banking & Finance Sustainable Finance Investment +9 more
About Counsels Law PartnersCounsels Law Partners (CLP) is a full service international law firm with its head office in Dhaka, Bangladesh. Further, it also has branches in Chittagong and Sylhet. It is one of the best reviewed law chambers in Bangladesh. The CLP team is a blend of UK trained...
Shawn Novel & Associates
Dhaka, Bangladesh

Founded in 2007
10 people in their team
Bengali
English
About UsShawn Novel & Associates is a reputed law firm committed to providing excellent quality legal services to its clients. At our firm, we understand the needs of our clients and value them in the highest priority. Our expertise and experience are devoted to prompt delivery of professional...
Sattar&Co.
Dhaka, Bangladesh

Founded in 2013
50 people in their team
Bengali
English
About Sattar&Co.Sattar&Co. is a high-calibre law firm with a combination of in-depth specialist skills and overarching understanding of the legal framework in Bangladesh. Sattar&Co.’s excellent service and practical know-how have been consistently recognized and recommended by leading...
The Attorney LTD
Dhaka, Bangladesh

Founded in 2000
50 people in their team
Bengali
English
Welcome To The Attorney Ltd.We are providing Professional services for the Registration of Company (Private, Public, Foreign, Joint Venture, Limited by Guarantee and Trade Organization), Society, Foundation, Trust, NGO, Firm (Proprietorship/ Partnership), Co-operative, Association as well as...
Stellar Chambers
Dhaka, Bangladesh

Founded in 1974
20 people in their team
Bengali
English
Over the years, Stellar Chambers has developed to be a full-service law firm offering corporate, transactional, and contentious legal services across a broad range of practice areas. The firm has been consistently ranked as a leading law firm in all areas of practice and has won accolades for its...
The Legal Circle
Dhaka, Bangladesh

Founded in 2008
50 people in their team
Bengali
English
The Legal Circle is a firm of barristers, advocates and legal consultants specializing in representing clients in Bangladesh on both domestic and international legal matters. Bringing together a team of experienced lawyers, several of whom have previously worked at leading law firms in Bangladesh...
JURAL ACUITY
Dhaka, Bangladesh

Founded in 2015
50 people in their team
Bengali
English
About UsJural Acuity is a full-service law firm in Dhaka with a specialization in Corporate, Commercial, and Investment related legal practices. The main area of Practice of the Firm in Corporate Law, Commercial Documentations, Foreign Direct Investment, Labour Laws, Commercial Litigation, Energy...
Vertex Chambers
Dhaka, Bangladesh

Founded in 2006
50 people in their team
Bengali
English
We are a Bangladeshi law firm providing efficient and cost effective representation and advice to our clients in business and commercial matters. We are approachable and a dedicated team, aiming to provide tailored resolution as per our client’s needs. Our partners, each having over a...
FM Associates
Dhaka, Bangladesh

Founded in 1896
50 people in their team
Bengali
English
Lawyers in Bangladesh | FM Associates | Leading Law Firm in BangladeshFM Associates is among the very few leading Law Firm in Dhaka and Chittagong, Bangladesh who has the best and specialised lawyers in Bangladesh and also meets the standard of the International Legal Community in many different...
Rahman's Chambers
Dhaka, Bangladesh

Founded in 2006
50 people in their team
Bengali
English
About Rahman's ChambersRahman’s Chambers was founded by Mr. Mohammed Forrukh Rahman in 2006 following his family tradition that dates back to 1920s all the way to his grandfather, late Mr. Shamsuddin Ahmed.Mr. Ahmed graduated from Calcutta University in 1924, was awarded by Bangladesh Bar Council...
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About Sustainable Finance Law in Dhaka, Bangladesh

Sustainable finance refers to the process of taking environmental, social, and governance (ESG) considerations into account when making investment and financing decisions. In Dhaka, Bangladesh, this area of law is becoming increasingly important, as governmental and financial institutions encourage responsible investing and aim to support projects that promote long-term benefits for society and the environment. Sustainable finance law refers to the local and international legal frameworks that regulate how banks, financial institutions, businesses, and investors can support sustainable growth and ensure compliance with ESG standards.

Why You May Need a Lawyer

You may need a lawyer with expertise in sustainable finance for several reasons. Some common situations include:

  • Understanding regulatory requirements when seeking financing or investment for green and social projects.
  • Navigating sustainability disclosure requirements imposed by Bangladeshi regulators, such as the Bangladesh Securities and Exchange Commission (BSEC) or Bangladesh Bank.
  • Ensuring compliance with both domestic and international ESG standards for banks, corporations, or investors.
  • Structuring green bonds, sustainability-linked loans, or impact investments.
  • Dealing with disputes or allegations of greenwashing or ESG misrepresentation.
  • Managing risks related to environmental and social impact assessments required for projects in Bangladesh.
  • Advising on tax incentives or government programs available to sustainable finance projects.

Local Laws Overview

Sustainable finance is guided by various environmental, financial, and corporate laws in Bangladesh. Some of the critical legal frameworks and guidelines in Dhaka include:

  • Bangladesh Bank’s Sustainable Finance Policy: This policy provides banks and financial institutions with detailed guidelines for financing environmentally friendly and socially responsible projects, as well as reporting requirements.
  • Environment Conservation Act, 1995 and Environment Rules, 1997: These require environmental impact assessments for major projects, which often intersect with sustainable finance initiatives.
  • BSEC Guidelines: The Bangladesh Securities and Exchange Commission has introduced regulations for green bonds, sustainability reporting, and responsible investing.
  • Financial Reporting Council (FRC) Guidance: This regulatory body encourages transparent reporting and the inclusion of ESG factors in financial disclosures.
  • International Treaties and Standards: Many projects in Bangladesh align with international protocols such as the Equator Principles and the United Nations Sustainable Development Goals (SDGs), which shape local industry standards.

Frequently Asked Questions

What exactly is sustainable finance?

Sustainable finance involves financing activities and making investment decisions that consider environmental, social, and governance criteria. It promotes long-term economic growth while safeguarding ecological balance and social well-being.

Do I need legal advice before applying for a green loan or issuing a green bond?

Yes, legal guidance is essential to understand eligibility criteria, ensure compliance with relevant regulations, and structure documentation properly to meet both lender and regulator expectations.

What regulations govern sustainable finance in Dhaka, Bangladesh?

Key regulations include the Bangladesh Bank’s Sustainable Finance Policy, BSEC’s green bond framework, environmental laws, and international sustainability standards relevant to financiers and corporations operating in Bangladesh.

What is ESG and why is it important in sustainable finance?

ESG stands for Environmental, Social, and Governance criteria. These factors help lenders and investors assess the long-term risk and impact of a project or company, shaping the direction of sustainable finance activities.

Can foreign investors participate in sustainable finance projects in Bangladesh?

Yes, foreign investors can participate, but they must comply with local laws, foreign investment regulations, and ESG disclosure requirements. Legal assistance can help navigate these frameworks and mitigate cross-border risks.

How are disputes handled if there is a disagreement about ESG compliance?

Disputes can be resolved through negotiation, mediation, or legal proceedings. A lawyer can advise on dispute resolution mechanisms and representation in regulatory or court matters.

Is disclosure or reporting required for sustainable finance activities?

Yes, reporting and disclosure are required by regulators such as Bangladesh Bank and BSEC. These disclosures ensure transparency, prevent greenwashing, and build trust with investors and the public.

Are there incentives or tax benefits for pursuing sustainable finance?

The government and regulatory bodies may offer incentives such as tax breaks, concessional financing, or grants for projects that align with sustainable development objectives. Legal professionals can help identify and secure these benefits.

What documentations are needed for a sustainable finance project?

Essential documents include environmental and social impact assessments, sustainability reports, legal compliance certificates, loan or bond agreements, and disclosures demonstrating alignment with ESG criteria.

Who oversees sustainable finance practices in Bangladesh?

Bodies such as Bangladesh Bank, the Bangladesh Securities and Exchange Commission, the Financial Reporting Council, and relevant environmental authorities oversee and enforce sustainable finance practices in the country.

Additional Resources

If you want more information or guidance on sustainable finance in Dhaka, consider the following resources:

  • Bangladesh Bank Sustainable Finance Department: Provides policy documents, circulars, and guidance on sustainable finance for financial institutions.
  • Bangladesh Securities and Exchange Commission (BSEC): Regulatory body for capital market activities, including green bonds and sustainability disclosures.
  • Financial Reporting Council (FRC) Bangladesh: Issues accounting and reporting standards for ESG matters.
  • Department of Environment (DoE): Oversees environmental compliance and permitting for projects.
  • Bangladesh Association of Banks and Industry Groups: Offer seminars and best practice guidelines on ESG in finance.
  • Local Law Firms Specializing in Banking and Environmental Law: Many Dhaka-based law firms offer legal expertise specifically in sustainable finance.

Next Steps

If you are considering entering into a sustainable finance arrangement or need legal advice, consider the following steps:

  • Define your project or investment and its sustainability objectives.
  • Reach out to a law firm or legal advisor in Dhaka with experience in banking, environmental, and sustainable finance law.
  • Prepare your project documentation, including ESG assessments and compliance records.
  • Consult with relevant regulatory authorities for guidelines and approval requirements.
  • Stay informed about evolving regulations and opportunities in Bangladesh’s sustainable finance landscape.

Seeking specialist legal advice ensures your project or investment aligns with national and international standards, protects your interests, and maximizes your eligibility for the benefits and growth opportunities offered by sustainable finance in Bangladesh.

Lawzana helps you find the best lawyers and law firms in Dhaka through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Sustainable Finance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Dhaka, Bangladesh - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.