GREEN ECONOMY AND PRIVATE SECTOR: NEW OPPORTUNITIES AND THREATS FOR BUSINESS

Authors

  • Eshmuradov Khurshidbek Farkhod ugli Karshi State Technical University 4th year student of the Economics department

Keywords:

green economy, private sector, business strategy, environmental innovation, carbon footprint, sustainability, environmental risks.

Abstract

This article analyzes the impact of green economy principles on the private sector, in particular, considers new opportunities and threats faced by businesses. The study assesses the economic benefits of green transformation for the private sector in Uzbekistan, as well as its legal and institutional framework, taking into account global trends. In addition, new strategic directions for the private sector through green innovation, environmental certification and carbon footprint reduction are indicated.

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References

Decree of the President of the Republic of Uzbekistan dated October 4, 2019 No. PF-5863 "On the strategy for the transition to a green economy".

Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated February 28, 2023 "Program of comprehensive measures to expand the use of renewable energy sources".

Official website of the Agency of Statistics of the Republic of Uzbekistan - https://stat.uz

United Nations Environment Programme (UNEP). (2011). Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication.

https://www.unep.org/resources/report/towards-green-economy

OECD (2021). Green Growth Indicators 2021. Organisation for Economic Co-operation and Development.

https://www.oecd.org/environment/green-growth-indicators-2021.htm

National Development and Reform Commission of the People's Republic of China. China's Policies and Actions for Addressing Climate Change (2022).

Ministry of the Environment of the Republic of Korea. Green Growth Strategy (2020).

Tojiboev S. (2022). Green economy and sustainable development: theoretical and practical foundations. - Tashkent: Iktisodiyot Publishing House.

Karimov R., Zakirova D. (2021). The role of public policy in the development of a green economy. – Scientific journal "Economics and Innovative Technologies", No. 2, pp. 35–42.

Saliev I., Yuldasheva M. (2020). The concept of environmental safety and development of a green economy. – "Economic Bulletin of Uzbekistan", No. 4, pp. 22–29.

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Published

2025-07-31

How to Cite

Eshmuradov Khurshidbek Farkhod ugli. (2025). GREEN ECONOMY AND PRIVATE SECTOR: NEW OPPORTUNITIES AND THREATS FOR BUSINESS. Journal of Applied Science and Social Science, 15(07), 397–399. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/1536