INTERNATIONAL EXPERIENCE OF GREEN FINANCE AND PROSPECTS FOR ITS DEVELOPMENT IN THE REPUBLIC OF UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.23833632Annotatsiya
Green finance has become one of the key instruments for ensuring sustainable economic development and facilitating the transition toward an environmentally sustainable economy. This paper examines current trends in the development of green finance, its role in achieving the Sustainable Development Goals, and international experience in the application of major green financial instruments. Particular attention is paid to the practices of developed countries, CIS countries, and Latin American states. Based on the analysis, the paper identifies current trends in the development of green finance in the Republic of Uzbekistan, highlights existing challenges, and proposes key directions for further improvement of the national green finance system.Kalit soʻzlar
green finance, sustainable development, green bonds, ESG, international experience, green investment, Republic of UzbekistanFoydalanilgan adabiyotlar roʻyxati
Schoenmaker, D., & Schramade, W. (2019). Principles of Sustainable Finance. Oxford University Press.
OECD. Mobilising Bond Markets for a Low-Carbon Transition. – Paris: OECD Publishing, 2017. – 132 p. – (Green Finance and Investment). – DOI: 10.1787/9789264272323-en.
OECD. Financing Uzbekistan’s Green Transition: Capital Market Development and Opportunities for Green Bond Issuance. – Paris: OECD Publishing, 2023. – 79 p. – (Green Finance and Investment). – DOI: 10.1787/27d2489d-en.
Hussain, F. I., & Tlaiye, L. E. (2020). Jordan Arce R.M. Developing a National Green Taxonomy: A World Bank Guide. World Bank Group.
Yakovlev, I. A., Kabir, L. S., Nikulina, S. I., & Rakov, I. D. (2017). Financing Green Economic Growth: Conceptions, Problems, Approaches. Financial Journal, (3), 9–21.
Jiyanova, N. E., & Alimkhonova, G. E. (2025). Development of Green Finance in Uzbekistan in the Context of Sustainable Development. Innovation Science and Technology, 1(4), 6–10. https://doi.org/10.5281/zenodo.17436277
Ikramov, M. M. (2024). Green Finance in Uzbekistan: Current State and Development Prospects. European Journal of Economics, Finance and Business Development, 2(5), 91–98.
International Energy Agency (IEA). World Energy Investment 2024. – Paris: IEA, 2024. – Electronic resource. – Date of access: 05.09.2026.
European Commission. The European Green Deal: Communication from the Commission to the European Parliament, the European Council, the Council, the European Economic and Social Committee and the Committee of the Regions. – Brussels, 11 December 2019. – COM(2019) 640 final. – Electronic resource. – Date of access: 05.09.2026.
The White House. Building a Clean Energy Economy: A Guidebook to the Inflation Reduction Act’s Investments in Clean Energy and Climate Action. – Version 2. – Washington, D.C., January 2023. – Electronic resource. – Date of access: 05.09.2026.
Astana International Financial Centre (AIFC). Damu Fund Has Listed the First Green Bonds on AIX. – 11 August 2020. – Electronic resource. – Date of access: 05.09.2026.
OECD, Economic Commission for Latin America and the Caribbean (ECLAC), CAF Development Bank of Latin America, European Commission. Latin American Economic Outlook 2025: Promoting and Financing Production Transformation. – Paris: OECD Publishing, 2025. – 292 p. – DOI: 10.1787/80e48de5-en. kamolovaf.k@gmail.com
Climate Bonds Initiative. Latin America and the Caribbean Sustainable Debt State of the Market 2022. – London: Climate Bonds Initiative, 2023. – Electronic resource. – Date of access: 05.09.2026.
Ministry of Finance, Government of Chile. Chile’s Sustainable Bond Framework. – Santiago: Ministry of Finance, November 2020. – Electronic resource. – Date of access: 05.09.2026.
Reuters. Brazil Funding of Green Projects from Sustainable Bonds Off to a Slow Start. – 8 November 2024. – Electronic resource. – Date of access: 05.09.2026.
United Nations Development Programme (UNDP). Green Development Finance Assessment for the Republic of Uzbekistan. – Tashkent: UNDP Uzbekistan, 2025. – Electronic resource. – 26 December 2025. – Date of access: 05.09.2026.
United Nations Development Programme (UNDP). Ministry of Economy and Finance of the Republic of Uzbekistan and UNDP Uzbekistan Sign Statement of Intent to Advance Green Economy under PAGE Initiative. – Tashkent: UNDP Uzbekistan, 2 December 2025. – Electronic resource. – Date of access: 05.09.2026.
United Nations Development Programme (UNDP). UNDP and Partners Discussed the Opportunities and the Challenges for Financing Green Development in Uzbekistan. – Tashkent: UNDP Uzbekistan, 21 November 2025. – Electronic resource. – Date of access: 05.09.2026.
President of the Republic of Uzbekistan.
Resolution, No. (2019). PP-4477 dated October 4, 2019 “On Approval of the Strategy for the Transition of the Republic of Uzbekistan to a Green Economy for the Period 2019–2030.”. https://lex.
Yuklab olishlar
Nashr etilgan
Qanday iqtibos keltirish kerak
Son
Boʻlim
Litsenziya
Mualliflik huquqi (c) 2026 Rano Rustamovna Nazarova, Gavxar Axmatjon kizi Musayeva
Ushbu asar Creative Commons Attribution 4.0 International litsenziyasi asosida tarqatiladi.