GREEN FINANCE INSTRUMENTS AS A DRIVER OF AGRICULTURAL SUSTAINABILITY IN UZBEKISTAN: OPPORTUNITIES AND CHALLENGES
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Keywords: green finance, agricultural sustainability, climate finance, preferential credit, low-carbon agriculture, green bonds, multilateral development banks, Uzbekistan.Abstract
Abstract. This article examines the role of green finance instruments in promoting sustainable agricultural development in Uzbekistan. Against the backdrop of mounting climate pressures, water scarcity, and soil degradation, access to dedicated climate and green credit lines has emerged as a pivotal factor for agricultural modernization. The study analyses the structure of green loan portfolios, international climate funding inflows, preferential credit mechanisms, and public financial institution mandates in supporting agri-environmental projects. Statistical evidence on agricultural GDP contribution, the volume of climate finance mobilized by multilateral development banks, the share of state-directed green lending, and the number of beneficiary farms is deployed to illustrate the practical relevance of green finance for Uzbekistan's farming sector. The article argues that expanding green finance access can simultaneously reduce production costs, unlock export premiums, attract foreign direct investment, and accelerate the transition to low-carbon, resource-efficient agriculture.