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CIRCULAR ECONOMY AS A GREEN ECONOMY MODEL

Kenjayev Ilhom GiyozovichAssociate Professor, Tashkent State University of Economics, PhD (DSc)Elamonova Rukhshona Farkhod QiziStudent at Tashkent State University of EconomicsWorldly Knowledge Publishing CentreWorldly Knowledge Publishing Centre
ABI

Abstract

This article analyzes the role and importance of the circular economy concept as a green economy model. At the same time, information about the circular economy and the green economy is fully covered. The study covers methods for ensuring sustainable economic growth through efficient use of resources, waste reduction and recycling mechanisms. The theoretical foundations of the circular economy are reviewed based on foreign and national scientific literature, and the problems and opportunities for implementing this model in the conditions of Uzbekistan are identified. Also, China's advanced experience in the circular economy is analyzed in comparison with the level of Uzbekistan in the circular economy. The results of the study show that the circular economy is an effective institutional and economic mechanism for implementing the principles of the green economy in practice, and scientific and practical recommendations are developed for its integration into the national economy.

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