IMPROVING GREEN ECONOMY MECHANISMS FOR THE SUSTAINABLE DEVELOPMENT OF THE INDUSTRIAL SECTOR: EVIDENCE FROM UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.21207714Keywords:
green economy, sustainable development, industrial sector, green investment, carbon pricing.Abstract
The transition toward a green economy has become one of the key priorities for ensuring
sustainable industrial development in emerging economies. This study investigates green economy mechanisms
for sustainable industrial development in Uzbekistan. Statistical analysis, econometric modeling, integrated
indicator assessment, and fuzzy logic methods were used to evaluate industrial sustainability. The study
develops a Green Index (GI) model for measuring enterprise-level green efficiency. The findings show that,
despite rapid industrial growth, green transformation remains constrained by outdated capital, insufficient green
investment, and limited institutional incentives. The study proposes institutional and economic mechanisms for
improving sustainable industrial transformation.
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