Green Economy

  • Temirov Azizbek Voit oʻgʻli Toshkent Kimyo texnologiya instituti, Sanoat muhandisligi va menejmenti fakulteti, Sanoat iqtissodiyoti va menejmenti kafedrasi, Marketing ixtisosligi boyicha 1- kurs tayanch doktoranti (PHD)
Keywords: Economy, Policy, Energy, Finance, Growth, Climate, Resource, Technology, Industry

Abstract

This investigation explores Uzbekistan's conversion to a green economy while filling gaps in knowledge about combined assessments of environmental and economic and social elements for sustainability development. A mixed-methods methodology entailed gathering quantitative data by conducting survey assessments of stakeholders while additionally conducting qualitative interviews with policymakers and industry experts and leadership members. Research findings demonstrated renewable energy together with resource efficiency as opportunities for sustainable development while financial limitations as well as slow institutional changes served as main impediments. According to research findings policymakers must develop specific framework policies and dedicate significant resources toward eco-friendly technology development and launch awareness programs that aim at specific targets. A complete approach to sustainability must become a policy priority to ensure resilient growth inclusive of all populations according to Uzbekistan's specific socio-economic features.

References

F. Caprotti and I. Bailey, “Making sense of the green economy,” Geografiska Annaler: Series B, Human Geography, vol. 96, no. 3, pp. 195–200, 2014, doi: 10.1111/geob.12045.

U. N. E. Programme (UNEP), “State of Climate Finance,” 2021. [Online]. Available: https://www.unep.org/.

L. Georgeson, M. Maslin, and M. Poessinouw, “The global green economy: A review of concepts, definitions, measurement methodologies and their interactions,” Geography and Environment, vol. 4, no. 1, pp. 1–24, 2017, doi: 10.1002/geo2.36.

E. Barbier, “The policy challenges for green economy and sustainable economic development,” Natural Resources Forum, vol. 35, no. 3, pp. 233–245, 2011, doi: 10.1111/j.1477-8947.2011.01397.x.

P. Krugman, “Building a Green Economy,” 2010.

E. Loiseau et al., “Green economy and related concepts: an overview,” Journal of Cleaner Production, vol. 139, pp. 361–371, 2016, doi: 10.1016/j.jclepro.2016.08.024.

U. N. E. Programme, “Global financial architecture reform for climate finance,” 2023. [Online]. Available: https://www.unep.org/.

M. Ma, “The Application of Green GDP and Its Impact on Global Economy and Environment: Analysis of GGDP based on SEEA model,” arXiv preprint arXiv:2409.02642, 2024, doi: 10.48550/arXiv.2409.02642.

B. Caldarola, D. Mazzilli, L. Napolitano, A. Patelli, and A. Sbardella, “Economic complexity and the sustainability transition: A review of data, methods, and literature,” arXiv preprint arXiv:2308.07172, 2023, doi: 10.48550/arXiv.2308.07172.

G. E. Coalition, “The 5 Principles of Green Economy,” 2025. [Online]. Available: https://www.greeneconomycoalition.org/news-and-resources/the-5-principles-of-green-economy.

P. V. H. Serrano and A. Zaveri, “Venturing the Definition of Green Energy Transition: A Systematic Literature Review,” arXiv preprint arXiv:2004.10562, 2020, doi: 10.48550/arXiv.2004.10562.

A. K. B. et al., “Skill and Spatial Mismatches for Sustainable Development in Brazil,” arXiv preprint arXiv:2503.05310, 2025, doi: 10.48550/arXiv.2503.05310.

A. D. Bank, “Transitioning Towards Green Growth: A Framework for African Economies,” 2014. [Online]. Available: https://www.afdb.org/en/documents/transitioning-green-growth-strategies-africa.

I. Iavicoli, V. Leso, W. Ricciardi, L. L. Hodson, and M. D. Hoover, “Opportunities and challenges of nanotechnology in the green economy,” Environmental Health, vol. 13, no. 78, pp. 1–11, 2014, doi: 10.1186/1476-069X-13-78.

K. Ganbat, I. Popova, and I. Potravnyy, “Impact investment of project financing: opportunity for banks to participate in supporting green economy,” Baltic Journal of Real Estate Economics and Construction Management, vol. 4, no. 1, pp. 69–83, 2016.

Published
2025-03-26
How to Cite
Voit oʻgʻliT. A. (2025). Green Economy. International Journal on Economics, Finance and Sustainable Development, 7(2), 157-161. https://doi.org/10.31149/ijefsd.v7i2.5400
Section
Articles