ADVANCING THE GREEN FINANCE ECOSYSTEM IN UZBEKISTAN: OPPORTUNITIES, POLICY INNOVATIONS, AND FUTURE DIRECTIONS

This article examines the evolving landscape of green finance in Uzbekistan and explores the opportunities, institutional reforms, and strategic policy innovations necessary for accelerating the country’s transition toward a sustainable economic model. As global financial markets increasingly integrate environmental, social, and governance (ESG) principles, Uzbekistan faces both the challenge and the opportunity to align its financial system with international standards while addressing domestic ecological priorities. The study analyzes the current state of green financial instruments, including green bonds, sustainable lending practices, and climate-related investment programs, highlighting their potential to mobilize long-term capital for renewable energy, energy efficiency, and low-carbon development initiatives.