DIRECTIONS FOR ACCELERATING GREEN ECONOMY DEVELOPMENT IN NEW UZBEKISTAN
Abstract
This article examines the institutional, energy, financial, and resource-efficiency pathways for accelerating the transition to a green economy in New Uzbekistan. Trend, structural, and comparative analysis methods were applied to electricity generation indicators for 2020–2024, official programme results for 2025–2026, and assessments by international financial institutions. The calculations show that total electricity generation increased by 24.4 percent in 2020–2024, while generation by solar power plants rose almost 81-fold, from 49.0 million kWh in 2021 to 3,965.2 million kWh in 2024. It was determined that additional solar generation accounted for 70.6 percent of the total increase in electricity generation in 2024. The article proposes implementing grid modernisation, improved energy efficiency, expanded green finance and carbon markets, water-efficient agriculture, the circular economy, green cities, and just-transition mechanisms as a single interconnected policy package.
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References
Resolution No. PQ-436 of the President of the Republic of Uzbekistan dated 2 December 2022, “On Measures to Improve the Effectiveness of Reforms Aimed at the Transition of the Republic of Uzbekistan to a ‘Green’ Economy by 2030.” Lex.uz.
Resolution No. PQ-4477 of the President of the Republic of Uzbekistan dated 4 October 2019, “On Approval of the Strategy for the Transition of the Republic of Uzbekistan to a ‘Green’ Economy for 2019–2030.” Lex.uz.
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