Green industry initiative is a major driver towards sustainable industrial development around the world. Bangladesh economy has been targeting a middle-income status by 2021, and for such development to occur, a sustainable development is required, for which a green industry is one of the major drivers. This paper presents an overview of the current scenario of the initiatives taken for a green industry and tries to examine the social economic and environment benefit. This paper also discusses major prerequisites of green buildings as location and transportation, sustainable sites, water efficiency, energy and atmosphere, materials and resources, indoor environmental quality, innovation, regional priority. Apart from these, other opportunities are also discussed in this paper. Bangladesh Government and Bangladesh Bank are also adopting some policies for this development. Finally, some policy suggestions towards an efficient green financing policy for the better nourishment of green