THE IMPACT OF GREEN FINANCE ON GREEN ECONOMY DEVELOPMENT EFFICIENCY: A PATHWAY TO SUSTAINABLE DEVELOPMENT IN UZBEKISTAN

Abstract

This article examines the transformative impact of green finance on the development of Uzbekistan's green economy, focusing on its potential to foster sustainable development. Green finance is instrumental in channeling financial investments into sustainable development projects, which promote the adoption of green technologies and sustainable practices across various sectors. By analyzing the influence of green finance on renewable energy, waste management, and sustainable agriculture, this study highlights how strategic financial support can enhance environmental outcomes and stimulate economic growth. The paper proposes a set of targeted recommendations to optimize the effectiveness of green finance initiatives in achieving Uzbekistan’s sustainability goals.