THE ROLE OF GREEN BONDS AND ALTERNATIVE FINANCIAL INSTRUMENTS IN SHAPING REGIONAL ECONOMIC DEVELOPMENT STRATEGIES

Authors

  • Dauletbaeva Ulzada Baxadirovna student of Nukus State Technical University

Abstract

This paper explores the growing importance of green bonds and alternative financing models in advancing sustainable regional economic policy. As environmental and climate-related concerns take center stage globally, regions are increasingly seeking innovative financial mechanisms to support green infrastructure, renewable energy, and eco-friendly projects. The study analyzes the structure, benefits, and challenges of green bonds within regional development frameworks and evaluates other emerging financing tools such as climate funds, blended finance, and public-private partnerships. Special emphasis is placed on how these instruments can bridge investment gaps, attract private capital, and align local economic goals with long-term environmental sustainability. Case studies and comparative analysis highlight best practices and strategic approaches for integrating green finance into regional policy agendas.

References

1. Republic of Uzbekistan. Uzbekistan–2030 Strategy. – Tashkent: Manaviyat Publishing, 2019.

2. Presidential Decree No. PP-187 (2022). On the Uzbekistan–2030 Strategy.

3. Ministry of Economy and Finance. Green Finance and Investment Report. – Tashkent, 2023.

4. OECD. Green Bonds: Mobilizing the Debt Capital Markets for a Low-Carbon Transition. – Paris: OECD Publishing, 2021.

5. World Bank. Financing Climate Action at Subnational Level. – Washington, 2020.

6. Asian Development Bank. Green Finance Mechanisms in Emerging Asia. – Manila, 2022.

7. Global Green Growth Institute (GGGI). Uzbekistan Green Growth Program 2022–2025. – Seoul, 2022.

Downloads

Published

2025-11-17