THE IMPACT OF GREEN ECONOMY DEVELOPMENT IN THE REPUBLIC OF UZBEKISTAN ON SUSTAINABLE ECONOMIC GROWTH
Keywords:
Key words: green economy, sustainable economic growth, ESG standards, renewable energy, energy efficiency, watersaving technologies, green investments, economy of Uzbekistan.Abstract
Abstract. This article analyzes the impact of green economy development in the Republic of Uzbekistan on sustainable economic growth based on macroeconomic and sectoral indicators. The main purpose of the study is to identify the mechanisms through which green economy factors influence the quality of economic growth, resource efficiency, and environmental sustainability. The article examines the interrelationship between energy efficiency, renewable energy sources, water-saving technologies, ESG standards, green infrastructure, investment activity, and economic growth. The author substantiates the green economy not as a separate environmental direction detached from economic growth, but as an essential structural factor determining the quality of economic development. The macroeconomic and sectoral indicators formed in the Republic of Uzbekistan in 2025 are analyzed in close connection with green economy measures and reforms. The scientific novelty of the research lies in revealing the impact of the green economy on sustainable economic growth as a systemic mechanism integrating energy security, efficient use of water resources, industrial modernization, ESG standards, and green investments.
References
1. Resolution of the President of the Republic of Uzbekistan dated 04.10.2019 No. PQ-4477 “On approval of the Strategy of the Republic of Uzbekistan for the transition to a
2. green” economy for the period 2019-2030”, https://lex.uz/docs/-4539502
3. Resolution of the President of the Republic of Uzbekistan dated 02.12.2022 No. PQ-436 “On measures to increase the effectiveness of reforms aimed at the transition of the Republic of Uzbekistan to a “green” economy by 2030”, https://lex.uz/docs/-6303230
4. State Resolution of the President of the Republic of Uzbekistan dated 30.01.2025 on the implementation of the “Uzbekistan — 2030” Strategy in the “Year of Environmental Protection and “Green Economy” Decree No. PF-16 on the program, https://lex.uz/uz/docs/-7369703
5. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 561 dated 25.10.2023 on approval of the National “green” economy taxonomy, https://lex.uz/uz/docs/-6644013
6. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 800 dated 30.11.2024 “On approval of the concept of introducing a national transparency system in the transition to a “green” economy in the Republic of Uzbekistan”, https://lex.uz/uz/docs/-7245895
7. Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan. Materials of the report of the Cabinet of Ministers of the Republic of Uzbekistan on the implementation of the state program in the first half of 2025. – Tashkent, 2025.
8. Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan. Materials of the report of the Cabinet of Ministers of the Republic of Uzbekistan on the implementation of the state program for 2025. – Tashkent, 2025.
9. OECD. Towards Green Growth. – Paris: OECD Publishing, 2011.
10. UNEP. Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication. – United Nations Environment Programme, 2011.
11. World Bank. Inclusive Green Growth: The Pathway to Sustainable Development. – Washington, DC: World Bank, 2012.
12. Vakhabov A.V., Khajibakiyev Sh.Kh. Green economy: textbook. – Tashkent, 2024.
13. Turobova H.R., Kadirova M.M. Green economy: textbook. – Bukhara: Kamolot Publishing House, 2025.