Global Green Economy and Its Role in Uzbekistan

  • Omonova Mubinaxon University of Business and Science Economics (by sectors and industries) Major Student
  • Ikrom Kenjayev Academic Supervisor, University of Bussines and Science “Yashil Iqtisodiyot” Associate Professor, PhD
Keywords: Green economy, sustainable development, renewable energy, ecological balance, climate change

Abstract

The article, devoted to the development of the green economy in Uzbekistan and on a global scale, discusses a number of important issues. Overall inclusive, environmental sustainability, access to renewable energy sources, and the need to combat climate change. This article describes the development of the green economy worldwide and strategies aimed at protecting the environment, and is expected to be based on major research and recommendations from organizations such as the United Nations and the World Bank. The important measures and laws adopted during Uzbekistan's transition to a green economy, including legal acts on the development of renewable energy sources, are indicated. Speaking about the experience of Uzbekistan and other countries in the transition to a green economy, international cooperation and joint projects, special attention was paid to joint initiatives with the United Nations, the World Bank and the European Union, as well as the introduction of environmental technologies. There were also suggestions about the need to create additional incentive systems to increase environmental awareness of the population and introduce green technologies into business. The article also provides information on the funds of the state budget of Uzbekistan allocated for climate-related activities.

References

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Published
2025-05-15
How to Cite
Mubinaxon, O., & Kenjayev, I. (2025). Global Green Economy and Its Role in Uzbekistan. Central Asian Journal of Innovations on Tourism Management and Finance, 6(3), 723-730. https://doi.org/10.17605/cajitmf.v6i3.913
Section
Articles