Green Financing – The Foundation Of A Green Economy
Keywords:
Green finance, sustainable development, green bonds, transition financing, environmental sustainability, ESG practices, Uzbekistan, Malaysia, Indonesia, green economy, renewable energy, green bankingAbstract
Green financing plays a crucial role in promoting sustainable economic practices while addressing
environmental challenges. This paper explores the concept of green finance, its various approaches, and its
impact on fostering eco-friendly initiatives. It highlights different green financial instruments, including green
bonds, loans, and transition financing, which encourage businesses and individuals to invest in sustainable
projects. The study examines global green financing trends, with case studies from Malaysia and Indonesia,
demonstrating successful implementation strategies. Additionally, the paper discusses Uzbekistan’s emerging
green finance sector, focusing on policy developments, green credit initiatives, and banking practices that
support environmental sustainability. Despite being in its early stages, green financing in Uzbekistan holds
significant potential for driving economic and ecological reforms.
