in recent years, the idea of a “Green Economy” has become very important for many countries as a key approach to securing a sustainable future. The world can no longer overlook the serious environmental and climate problems it faces. This is why many nations are now adopting new ways to address these challenges, with the green economy seen as one of the most reliable solutions. It offers a path not only to protect natural ecosystems but also to ensure a better future for upcoming generations. This article discusses the main causes of rapid climate change to highlight why moving towards a green economy is so necessary. It also focuses on Uzbekistan’s steps in this direction, examining the country's goals, strategies, and initiatives for building a green and sustainable economy. As a developing nation, Uzbekistan is working on reducing greenhouse gas emissions, creating new job opportunities, and improving its environmental conditions through sustainable methods.

This article examines how Strategic Public Procurement (SPP) can be used to stimulate the green economy, focusing on both global practices and the specific context of Uzbekistan. Internationally, SPP has proven effective in driving sustainable innovation and reducing environmental impacts. The study analyzes best practices from the EU, OECD, and UN frameworks, and contrasts them with Uzbekistan’s current procurement system. Despite progress in green policy, Uzbekistan’s use of SPP remains limited. This paper identifies key gaps and proposes actionable reforms to align procurement with green development goals, offering a pathway to sustainable economic growth. Effective implementation of SPP in Uzbekistan could catalyze environmental innovation, support green SMEs, and reinforce the country’s commitments under the Sustainable Development Goals (SDGs). The research emphasizes the need for legal reforms, capacity building, and financial incentives to enable this transition.

The article examines the scientific foundations for assessing territorial development potential and formulating sustainable development strategies. The concept of “territorial potential” is interpreted as an integrated system of natural, economic, demographic, infrastructural, and institutional components whose interaction determines the long-term sustainable growth of regions. The dynamic nature of territorial potential and the need for its continuous monitoring and reassessment within strategic governance are substantiated. Based on the analysis of interregional disparities, structural economic transformations, investment flows, and sectoral diversification, the study highlights the importance of a differentiated approach to regional development strategies. The findings confirm that a comprehensive assessment of territorial potential provides a methodological basis for defining strategic priorities, allocating resources efficiently, and ensuring balanced sustainable regional development.

This article analyzes the role and importance of digital transformation in the sustainable development of the regional economy theoretically and methodologically. The impact of digital technologies - artificial intelligence, big data, cloud computing, IoT and electronic platforms on regional economic systems is studied, and their role in the efficient use of resources, increasing production productivity, enhancing investment attractiveness and ensuring socio-economic stability is substantiated. The study examines the institutional, economic and social aspects of digital transformation in regional development based on an integrated approach. The results obtained indicate the possibilities of reducing interregional disparities and achieving sustainable economic growth through the digitalization of regional policy.

Countries are increasingly proposing investment attraction systems that aim to improve economic efficiency and achieve higher “green competitiveness” outcomes by better aligning environmental standards and growth policies under sustainability-oriented governance mechanisms. The need to develop and implement balanced investment strategies, drawing on international best practices to determine which environmental and economic indicators are appropriate and how to integrate them into national planning systems and sectoral development programs, is forcing emerging economies to rethink their policy instruments, regulatory mechanisms, and institutional capacities. This study aims to make this contribution, in addition to providing an analytical framework that reviews empirical papers that shed light on the interactions between investment attraction, environmental compliance, and policy coordination with dynamics such as sustainable fiscal policy, industrial modernization, regional development, or green transformation. Following a methodological synthesis, a comparative assessment of foreign investment development is prepared, in which environmental integration is linked to these key terms, economic diversification and institutional adaptation. This framework can serve as a benchmarking model and policy guidance for regulators, investors, analysts and decision-makers. This study has two main contributions. First, it is the first time that such a multi-criteria assessment table is being developed to demonstrate the interrelationship between economic and environmental aspects. Second, it captures the idea of compatibility between environmental protection and economic development, policy implementation and societal needs, national priorities and global standards, i.e. it requires flexible governance. This article provides Uzbek policymakers with important information and insights on how to take environmental commitments into account when attracting sustainable investment. The future research agenda provides broad opportunities for comparative analyses and applied studies on investment efficiency, sustainable growth, institutional capacity, and green transformation.

This study analyzes Uzbekistan's sustainable development indicators within the framework of the green economy. The research highlights the increasing relevance of renewable energy and digital transformation for achieving balanced socio-economic growth. The study employs index analysis based on the Sustainable Development Goals (SDGs), evaluating national data from 2014 to 2023. Findings reveal significant progress in responsible consumption and climate action, while challenges remain in poverty reduction and industrial innovation. To enhance sustainability, Uzbekistan must expand renewable energy use, improve waste management, and foster digital reforms.

The methodology for using artificial intelligence systems to achieve sustainable economic growth is an integral part of the modern digital economy. The article analyzes the impact of artificial intelligence technologies on economic processes, the methodological foundations for their effective implementation in management, production, financial and tax systems. It also highlights the possibilities of rational use of economic resources, increasing labor productivity and strengthening competitiveness with the help of artificial intelligence. The experience of foreign countries and the advantages and problems of implementing AI systems in the conditions of the economy of Uzbekistan are analyzed. The results of the study show that management approaches based on artificial intelligence are an important factor in achieving sustainable economic growth and increasing efficiency

This article analyzes the concept of sustainable development and the role of green finance in the banking sector. The study examines the practices of managing environmental and financial risks in commercial banks, foreign experiences, and examples from banks in Uzbekistan. The results indicate that green finance ensures not only ecological responsibility but also strategic development of banks. This approach contributes to financial stability, economic modernization, and strengthening environmental security

This study investigates the role of ESG-driven innovation as a strategic source of competitive advantage in the banking sector, with a comparative focus on state-owned and private banks across emerging and developed markets. Drawing on the Resource-Based View and Dynamic Capabilities theory, it develops a novel ESG Innovation Index that captures the depth and integration of sustainability technologies, such as AI-based ESG analytics, carbon tracking platforms, and digital reporting systems into core banking functions. Using a panel dataset of 68 banks from Central Asia and benchmark economies (2015–2024), the study employs fixed-effects and system GMM models to assess the impact of ESG innovation on profitability (ROA, ROE), operational efficiency, market share, and investor attractiveness. Results reveal that ESG innovation significantly enhances financial and operational performance, while the magnitude of its impact is substantially higher among private banks. The findings highlight that ownership structure moderates the innovation–performance nexus, with private banks leveraging technological agility for greater returns, whereas state-owned banks tend to pursue compliance-oriented sustainability agendas. The research contributes to strategic management and sustainable finance literature by framing ESG innovation as a contingent dynamic capability and offers policy insights for regulators seeking to balance innovation incentives across ownership types.

This article is based on the development and implementation of a climate budget labeling model for Uzbekistan with the support of the United Nations Development Program. The history of the economic approach to the concept of sustainable development is covered. A forecast of funds provided for 2024 for the section of “green” budgeting sectors is given

In recent years, agricultural production has become increasingly challenging due to climate change, land degradation, and environmental pollution. The application of sustainable agricultural practices is viewed as a viable solution to these issues. Calculating the sustainability index of agricultural producers can serve as a useful tool in identifying appropriate solutions. This study develops and applies a methodology for the quantitative assessment of the Sustainable Agriculture Practices (SAP) Index, based on survey data collected from 300 wheat-producing farm enterprises in the Samarkand region. The findings indicate that the average sustainability index among the surveyed farms is 0.34, suggesting that the production practices employed by these farms are characterized by a low level of sustainability.

This article is based on the development and implementation of a climate budget labeling model for Uzbekistan with the support of the United Nations Development Program. The history of the economic approach to the concept of sustainable development is covered. A forecast of funds provided for 2024 for the section of “green” budgeting sectors is given.

This article presents a comparative analysis of innovative mechanisms for railway transport development in developed and developing countries. It highlights differences in goals, tools, and institutional contexts of innovation implementation. A methodology is proposed to assess the effectiveness of digital and environmental innovations. Recommendations are provided for policymakers based on the principles of sustainable development.

The article analyzes key aspects of the green economy in Uzbekistan, including natural potential, current initiatives, and obstacles that need to be overcome for the successful implementation of this model. Green economy, based on sustainable development and efficient use of natural resources, is becoming an important area of economic policy in many countries.

Poverty reduction analysis and models based on the development of small business and private entrepreneurship are carried out in order to strengthen economic growth, social stability and economic policy of the state. There are several main approaches in these analyses and models. Below we will briefly touch on the main approaches and models related to poverty reduction and the development of medium-sized businesses. In the fight against poverty, various state assistance and subsidy programs, as well as the development of social protection systems, are of great importance. These programs often involve the provision of certain funds or services to low-income families.

The article analyzes the legal, institutional, and economic mechanisms for the development of organic agriculture and the formation of the organic market in the European Union, highlighting their practical effectiveness and key factors of sustainable development. Based on this analysis, the organizational and economic directions for adapting this experience to the conditions of Uzbekistan are substantiated, as well as the opportunities for enhancing export potential.

This article presents a comparative analysis of advanced practices aimed at enhancing the role and significance of small business entities in developing export activities in the agricultural sector of foreign countries. It also examines organizational and economic mechanisms supporting small producers in exporting agricultural products to foreign markets, as well as the effectiveness of export-oriented policies and innovative management approaches implemented by the government. Additionally, the article analyzes the problems faced by small agricultural businesses in the export process, based on the experience of different countries, and explores ways to address these challenges, along with factors contributing to increasing competitiveness. The conclusions focus on expanding export potential in the agricultural sector, activating small business participation, and ensuring sustainable economic development

This research examines the influence of environmental risk management (ERM) on the credit portfolio stability of commercial banks in Uzbekistan, utilising secondary data from sustainability reports, regulatory publications, and international financial institutions. The results show that banks with more advanced ERM frameworks, which include environmental screening, green lending, and sustainability governance, have lower non-performing loan (NPL) ratios and better asset quality. On the other hand, banks that don’t use ERM as much are still more vulnerable to environmental and credit risks. The study finds that integrating environmental risks into the banking system in Uzbekistan is necessary to make it more financially stable and in line with global standards for sustainable finance

This article analyzes the advanced experiences of foreign countries in achieving sustainable growth through the application of a green economy in a period of intensifying global environmental problems. It examines the priority directions and opportunities for applying these experiences in the context of Uzbekistan. In addition, the article presents scientifically grounded conclusions and proposals aimed at training specialists in this field, creating an investment-friendly environment, and preventing environmental risks in our country

The article analyzes the current state of Uzbekistan’s tourism services market and its role in the national economy. The study examines the sector’s growth trends, infrastructure development, digital transformation processes, and the contribution of services to economic efficiency. The findings indicate that in the post-pandemic period, Uzbekistan’s tourism industry has entered a stable growth phase and become one of the most competitive sectors of the economy. The need for a comprehensive approach and the strengthening of innovative management mechanisms to ensure the industry’s sustainable development is emphasized.

В статье рассматривается исследовании рассматриваются предложения по рациональному использованию экономических, материальных и природных ресурсов, а также внедрению инновационных решений, снижающих нагрузку на окружающую среду в целях устойчивого развития регионов. Повышение эффективности использования экономических ресурсов позволяет сократить количество отходов, оптимизировать производственные процессы и снизить затраты, одновременно способствуя уменьшению ухудшения состояния окружающей среды и экологии. В нём также предлагаются подходы к возможностям передовых технологических и организационных инноваций, использования возобновляемых источников энергии, процессов экономики замкнутого цикла и экологически безопасных методов производства. Эти подходы играют приоритетную роль в формировании основы сбалансированной стратегии, способствующей экономическому росту и сохранению природных экосистем региона. Изучение этой взаимосвязи рассматривает инновации и ресурсоэффективность как ключевые факторы достижения долгосрочной экологической и экономической устойчивости

This article examines the strategic role of fuel and energy enterprises in the economic development of Uzbekistan, focusing on their contribution to macroeconomic stability and energy security. The research highlights the importance of oil, gas, coal, and electricity as essential resources for sustaining industrial growth and improving living standards. Particular attention is paid to the dynamics of investment flows, modernization processes, and the integration of renewable energy sources into the national energy system. A comprehensive methodological framework was employed, combining statistical analysis, comparative assessment, and expert interviews. The results show that the fuel and energy sector remains a major contributor to GDP growth and export potential, while challenges such as low energy efficiency, outdated production capacities, and insufficient investment persist

This article scientifically examines the role of innovation policy in accelerating regional socio-economic development. In the context of globalization and digital transformation, it emphasizes that third-generation policies aligned with regional innovation systems (RIS) and the United Nations Sustainable Development Goals (SDGs) serve as a key factor in ensuring economic growth. The study is based on systematic literature review (SLR) methodology and analyzes a number of research works published in recent years in the Scopus, Web of Science, and ResearchGate databases. The results indicate that innovation policy, as exemplified by the European Union (S3 strategies) and China (MLP programs), increases GRDP by 5-15%, enhancing employment and competitiveness, although institutional constraints and polarization risks persist in less developed regions. The conclusion demonstrates that the effectiveness of the policy depends on R&D investments and university-industry collaboration. Among the recommendations are increasing subsidies and introducing flexible conditions, while future research should focus on developing countries.

This article will comprehensively analyze the role and potential of the green economy in the innovative development of regional infrastructure. Global climate changes, restrictions on Natural Resources, and increased environmental pollution are calling for the introduction of a green economy-based development model. Especially at the regional level, the formation of infrastructure in an environmentally sustainable and innovative direction is one of the pressing issues. The article covers the basic principles of the green economy, its impact on infrastructure development, the importance of environmentally friendly energy sources, waste-free technologies and sustainable transport systems. Also considered in regional projects are the possibilities of attracting green investments, increasing environmental efficiency, rational use of resources using digital technologies. This article can be useful for professionals, researchers working in the area of regional infrastructure, as well as practitioners engaged in innovative and environmental approaches.

This article provides an in-depth analysis of the state of use of natural tourist resources in the Samarkand region and strategies for their effective development. The possibilities of developing ecotourism, health tourism and adventure tourism based on the existing ecological, geological, hydrological and landscape resources in the region are considered. Also, proposals are put forward based on strategic approaches developed on the basis of digital technologies, ecological balance and the principles of sustainable tourism. As a result of the analysis, it is necessary to create an econometric model necessary for predicting the tourist potential of the region and use the model to predict all indicators in the tourism sector of the region.