Strategies for achieving sustainable growth through green economy transition

Strategies for achieving sustainable growth through green economy transition

Authors

  • Umida Kakhramonova Gayratovna
  • Tillayev Khurshidjon Sulaymon oglu

DOI:

https://doi.org/10.5281/zenodo.15586324

Keywords:

green economy, sustainable development, economic policy, ecological balance, renewable energy, green finance, circular economy, environmental sustainability, innovative development, social well-being.

Abstract

This study comprehensively examines the role of the green economy in economic policy, its key strategic
directions, and its importance in achieving sustainable development goals. Currently, the intensification of environmental
problems, climate change, and the global limitation of natural resources are increasing the need for new, environmentally
sustainable economic models. Based on this analysis, the green economy is regarded not only as a means of
environmental protection, but also as a crucial factor contributing to economic efficiency and innovative development.
The research analyzes the implementation of circular economy principles and strategies, as well as their role in promoting
rational use of resources, reducing waste, and maintaining ecological balance worldwide. The reforms being carried out
in the Republic of Uzbekistan under the “Green Economy Transition Strategy” – including the development of renewable
energy sources, creation of green infrastructure, and ensuring environmental sustainability – are presented in detail.
The concept of green finance, its tools, and the participation of financial institutions in this field are also analyzed. Based
on comparative analysis of national and international approaches, prospective directions and recommendations are
developed. The study concludes that the development of a green economy can ensure not only ecological sustainability
but also long-term economic growth and social well-being

Author Biographies

Umida Kakhramonova Gayratovna

Student:
Faculty of Economics
Group: PTI-60/22i
Course: 3rd year

Tillayev Khurshidjon Sulaymon oglu

Scientific leader:
TSUE, Associate Professor of the Department of Banking

References

World Bank, UNDP, OECD. Green Growth and Jobs. 2021.

Ministry of Economy and Finance of the Republic of Uzbekistan. Strategy for Transition to a Green Economy, 2023–

Raxmatov, A. (2018). Yashil iqtisodiyot sharoitida ekologik barqarorlikni ta’minlash yo‘llari. Iqtisodiyot va Innovatsiyalar

jurnali, 4(2), 45–50.

Ellen MacArthur Foundation. Circular Economy Systems Diagram. 2019. https://ellenmacarthurfoundation.org

United Nations Environment Programme (UNEP). (2011). Towards a Green Economy: Pathways to Sustainable

Development and Poverty Eradication.

President of Uzbekistan. PQ-436 Decree on Green Economy Strategy, December 2, 2022.

Cabinet of Ministers of Uzbekistan. Resolution No. 561, October 25, 2023.

Tracking Renewable Energy Progress in Uzbekistan – I-TRACK Report. 2023.

Daryo.uz. Uzbekistan’s Solar and Wind Power Generation Surpasses 4 Billion kWh in 2024. 22 October 2024.

OECD. Green Growth Indicators. OECD Publishing. 2020.

Downloads

Published

2025-05-01
Loading...