PROSPECTS FOR THE DEVELOPMENT OF GREEN FINANCE IN UZBEKISTAN

Authors

  • Mamayusupova Shahina Ulugbek kizi

DOI:

https://doi.org/10.5281/zenodo.20362404

Keywords:

Green finance, sustainable development, green investments, green bonds, renewable energy, sustainable economy, environmental protection, financial mechanisms, green banking, Uzbekistan.

Abstract

This study examines the prospects for the development of green finance in Uzbekistan and its role in supporting
sustainable economic growth and environmental protection. The research analyzes the current state of green financing
mechanisms, including green investments, green bonds, sustainable banking practices, and renewable energy financing
initiatives. Particular attention is given to the existing challenges and opportunities associated with implementing green
financial policies in Uzbekistan. The study also evaluates international experience in green finance and explores its
applicability to the national economy. Furthermore, the research identifies key factors influencing the expansion of green
financial instruments and proposes recommendations for improving the efficiency of green finance systems in Uzbekistan.
The findings of the study are expected to contribute to strengthening sustainable development strategies and increasing
investment attractiveness in environmentally friendly projects.

Author Biography

Mamayusupova Shahina Ulugbek kizi

First-Year Master’s Student of Group DMXM-25,
Tashkent State University of Economics.

References

United Nations Environment Programme (UNEP) – Green Finance Reports

World Bank – Climate Change and Development Reports

International Renewable Energy Agency (IRENA) – Renewable Energy Statistics

Organisation for Economic Co-operation and Development (OECD) – Green Growth Studies

Asian Development Bank (ADB) – Uzbekistan Energy and Sustainability Reports

International Monetary Fund (IMF) – Climate Finance and Economic Policy Papers

European Bank for Reconstruction and Development (EBRD) – Green Economy Investments

Simon Zadek – Research on Sustainable Finance and Green Economy

Nick Robins – Studies on Green Banking and Sustainable Investment

Ulrich Volz – Climate Finance and Financial Systems in Developing Countries

Ma Jun – Green Credit and Environmental Financial Systems Research

Edward B. Barbier – Green Growth and Environmental Economics Studies

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Published

2026-05-01