Transition to a Green Economy in Uzbekistan: Prospects and Challenges for the Development of Renewable Energy

\nThe article discusses the issues of transition to a green economy in Uzbekistan. The growing energy demand, as well as deteriorating air quality and public health are increasingly pushing the energy sector to shift to renewable sources. The article analyzes trends and prospects for the use of environmentally friendly technologies in the context of global changes and national economic priorities. The economic, social and environmental (ESG) aspects of the transition to sustainable development are examined, including an assessment of government policies, investments and their impact on the country’s economy. The main focus is on the need to liberalize the energy market, increase energy efficiency and stimulate the use of renewable energy sources. We find that there is a need to introduce market principles for energy pricing and reduce subsidies to stimulate the rational use of natural resources and attract international investment. The paper highlights the importance of creating infrastructure to support a green economy, which will contribute to the country’s economic growth and sustainable development.\n

Publication Details

Journal
Springer Link (Chiba Institute of Technology)
Published
2024-10-02
DOI
https://doi.org/10.1051/e3sconf/202457401004/pdf
Primary Topic
Mycorrhizal Fungi and Plant Interactions
Type
article
Field-Weighted Citation Impact
0.00
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article

Transition to a Green Economy in Uzbekistan: Prospects and Challenges for the Development of Renewable Energy

Springer Link (Chiba Institute of Technology)
Mycorrhizal Fungi and Plant Interactions
article

Transition to a Green Economy in Uzbekistan: Prospects and Challenges for the Development of Renewable Energy

article en

Abstract

\nThe article discusses the issues of transition to a green economy in Uzbekistan. The growing energy demand, as well as deteriorating air quality and public health are increasingly pushing the energy sector to shift to renewable sources. The article analyzes trends and prospects for the use of environmentally friendly technologies in the context of global changes and national economic priorities. The economic, social and environmental (ESG) aspects of the transition to sustainable development are examined, including an assessment of government policies, investments and their impact on the country’s economy. The main focus is on the need to liberalize the energy market, increase energy efficiency and stimulate the use of renewable energy sources. We find that there is a need to introduce market principles for energy pricing and reduce subsidies to stimulate the rational use of natural resources and attract international investment. The paper highlights the importance of creating infrastructure to support a green economy, which will contribute to the country’s economic growth and sustainable development.\n

Springer Link (Chiba Institute of Technology)
Openalex Percentile: Top 58%
Mycorrhizal Fungi and Plant Interactions
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