Dhaka, Dec. 8 -- Eco-industrial park (EIP) approaches can help mitigate the climate impact of industries by scaling up resource productivity, minimizing waste, promoting recycling, and improving the economic, environmental and social performance of businesses, speakers said.

They observed that Bangladesh's industrial sectors, which so far relied heavily on cost competitiveness rather than environmental resilience, contributed to the GDP at an environmental cost.

The emergence of EIPs offers a vital opportunity to reshape this model as EIPs offer a structured framework to reverse these trends by embedding resource efficiency, circular economy practices, renewable energy and industrial symbiosis, where one firm's waste becomes another's i...