Fundamental issues of modern finance in the context of a green economy …

N.O.Jumaniyazov; M.Y.Umarov; R.B.Otamurodov

Annotatsiya

The green economy is currently one of the crucial directions of economic development, aimed at ensuring harmony between environmental sustainability and the financial system. This article thoroughly analyzes the fundamental issues of modern finance in the context of a green economy. Specifically, it examines the impact of green financial instruments on economic growth and environmental sustainability, strategies for attracting green investments, and directions for developing green financing.

The research methodology encompasses analysis of scientific literature, statistical and empirical analyses, regression analysis, and expert interviews. Additionally, international experience and the practice of green financing in Uzbekistan are considered. The research results indicate that the green financing model positively impacts economic development and accelerates sustainable development processes by directing investment flows towards environmental projects.

However, there are certain challenges in transitioning to a green economy, including a shortage of financial resources, underdeveloped legal regulatory mechanisms, and a low level of investor awareness in the field of green finance. This article also develops recommendations for addressing these issues, based on the need for government policy, private sector participation, and the development of innovative financial technologies.

The results of this study serve to formulate theoretical and practical recommendations for ensuring financial stability, stimulating green investments, and supporting environmentally balanced economic growth in the context of a green economy. This article will serve as an important source of information for researchers, economists, and political scientists conducting research in the fields of green economy and finance.

Kalit so'zlar:

green economy, green finance, environmental sustainability, green bonds, green investments, financial sustainability, sustainable development, green financing, environmental investments, green loans, green technologies, financial instruments, environmental projects, economic growth, green innovations, carbon neutrality, green energy, renewable energy sources, environmental management, green bond market, ESG investments, carbon market, green banking services, green insurance, sustainable business, environmental tax system.

Foydalanilgan manbalar:

1. Tursunov A. (2020) - "Strategies for Transitioning to a Green Economy in Uzbekistan," Tashkent: Economics and Innovation Publishing House.
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3. Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan (2022) - "National Strategies for Sustainable Development," Official Report.
4. Central Bank of the Republic of Uzbekistan (2021) - "The Importance and Prospects of Green Financing," Official Publication.
5. Khabibullayev O. (2019) - "Environmental Investments and Economic Growth: Uzbekistan's Experience," Journal of Economics and Sustainable Development.
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7. Cabinet of Ministers of the Republic of Uzbekistan (2022) - "State Program for the Transition to a Green Economy," Official Resolution and Report.
8. Qodirov S. (2021) - "Financial Mechanisms for Ensuring Environmental Sustainability in Uzbekistan's Economy," National Economy Scientific Journal.
9. Ministry of Ecology, Environmental Protection and Climate Change of the Republic of Uzbekistan (2022) - "Official Reference Guide on Green Economy and Environmental Safety."

DOI manzili: DOI

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