Oblomuradov Narzullo Naimovich,
Candidate of Economic Sciences, Associate Professor
Vice-Rector on Scientific Affairs and Innovations of Tashkent Institute of Finance, Tashkent, Uzbekistan
Email: n.oblomuradov@tfi.uz , ORCID: 0009-0007-5892-9778
Abstract. In this article, the impact of environmental threats such as global climate changes, temperature rise, drought on our region, including the drying up of the Aral Sea, unreasonable use of land and water resources, reduction of biological diversity, deterioration of the gene pool of flora and fauna, a large number of industries and as a result of the accumulation of household waste, the need to introduce low-carbon, energy and resource-saving technologies in the economic sectors, as well as issues of ensuring the implementation of the strategy of transition to a green economy were considered. The effectiveness of the work carried out within the framework of international agreements and agreements to combat global climate change and eliminate its consequences in our country is analyzed. At the 26th meeting of the UN Framework Convention on Climate Change under the Paris Agreement, the Republic of Uzbekistan agreed to reduce greenhouse gas emissions per unit of gross domestic product by 35 percent by 2030 compared to 2010 levels, as well as reduce methane emissions by at least 30 percent by 2030 compared to 2020 joined a global initiative to achieve a collective goal. The article emphasizes that the effectiveness of ensuring the implementation of international agreements and commitments to combat climate change requires large-scale socio-economic, industrial, and investment transformations in developed and developing countries, as well as an internationally recognized safe border – a foreign policy to achieve carbon neutrality in the period up to the 2050 year, experience, strategies for transition to a green economy, and the effectiveness of green investment projects are analyzed. it is important. Following the Strategy of the transition to a “green” economy of the Republic of Uzbekistan, the integration of the principles of the “green” economy into the structural reforms carried out in the country until 2030, the reduction of the level of greenhouse gas emissions, the introduction of low-carbon, resource- and energy-efficient technologies, the establishment of climate criteria for green projects, and green issues of expansion of financing of investment projects were considered.
Keywords: climate change, environmental protection, Paris Agreement, carbon neutrality, European Green Deal, green economy transition strategy, alternative energy sources, green infrastructure, low carbon technologies, energy and resource efficiency, green financing mechanisms, green investments, public-private partnership projects.