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Writing Samples /
Band 8

Some think that climate change reform will negatively affect business. Others feel they are an opportunity for businesses. Discuss both sides and give your own opinion.

#think #climate #change #reform #business #opportunity #businesses
Nowadays, a wide range of compliances has been imposed on the businessman to protect the environment.
Although
 it is claimed by some people that these deterrents will put adverse influences on the
business
, other individuals believe that transformations of
business
 for saving the ecosystem will help to grow the
business
. In my opinion, the businessman will get a fresh path to accelerate their industry despite having many adverse impacts.
To begin
 with, companies are operating their
business
 upon complying with strict rules and regulations in order to protect the earth from
climate
 variation.
In other words
, since the government and authorities are imposing many restrictions and barriers to saving the ecosystem, corporations are facing a harsh and hostile trade environment.
For instance
, corporate taxpayers of Bangladesh have to set aside a myriad amount for green finance fund, a total of ten per cent of their revenue. Undoubtedly, these environment conservation related funds are not only reducing the return of the organization but
also
 creating extra pressure on the financial condition.
Thus
, the transformation of
climate
change
 is adversely affecting the
industries
.
On the other hand
, reformation initiatives of
climate
change
 have widened the horizon of the
business
. To elaborate, as new
business
 ideas and fresh forms of products have been introduced, the
industries
 are now able to expand their
business
.
Consequently
, the growth, as well as earnings of these
industries
, has been increasing.
For example
, due to the rise of bio-degradable bags, the jute product manufacturing
industries
 of Bangladesh are now producing environment-friendly bags, which augmented their profits. Many
industries
 are,
therefore
, able to get new opportunities with the rise of awareness related to environmental protection In conclusion, many
industries
 have grabbed the opportunity to accelerate their
business
 in the era of
climate
change
 despite many newly imposed rules and regulations. In my opinion, transformations of
business
 due to
climate
change
 have provided companies with more ways to expand their
business
 and amplify their income.
Submitted by un4given.rd on

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