Ways to Develop Investment and Innovation Processes in Uzbekistan's Industry Under the Conditions of a Green Economy
Abstract
This article examines effective ways to develop investment and innovation processes in Uzbekistan’s industrial sector within the framework of a green economy which crucial for new way of development in Uzbekistan situation. The study emphasizes the growing importance of integrating environmental sustainability into several points and mechanisms of industrial policy, highlighting economical importance how green investment and technological innovation contribute to long-term economic growth and ecological balance in Uzbekistan part of developments strategies which is under development nowadays. Using analytical and comparative methods, the paper reviews national strategies such as the “Uzbekistan-2030 Strategy” and the “Green Economy Transition Strategy 2019-2030”, along with international experiences promoted by the World Bank, UNDP, and OECD have been used. The findings reveal that Uzbekistan’s industrial development increasingly depends on attracting green financing from several foreign institutions, introducing energy-efficient technologies which is part of development new economical and environmental structures, and supporting digital transformation tools such as smart energy systems and eco-innovation clusters are under development. The article provides policy recommendations for improving institutional mechanisms which key part, investment incentives, and public-private partnerships aimed at achieving sustainable industrial competitiveness. The results of the study contribute to expanding the theoretical and practical foundations of green industrial policy and can serve as a guideline for policymakers, researchers, and investors interested in sustainable economic transformation in Uzbekistan because it not only for development of economics but also protecting environment.
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