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 main areas of effective use and management of natural resources in the economy. Based on scientific analysis, the economic and environmental importance of rational use of resources is studied, as well as effective management mechanisms based on international experiences. In practice, practical recommendations have been made for the introduction of resource-saving technologies, the expansion of renewable energy sources, the strengthening of environmental policies and the development of international cooperation. The importance of innovative approaches and public policy in the management of the use of natural resources in the economy is covered on a scientific basis.

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.

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 key risks faced by banks in forming green credit portfolios and identifies effective strategies for risk management. Drawing on international experience, the study analyzes the nature of credit, climate, transition, technological, operational, market, and greenwashing risks. The findings demonstrate that green loans possess a more complex risk profile compared to traditional lending and require the implementation of environmental taxonomies, energy-efficiency certification, independent audits, and state-supported financing mechanisms. For Uzbekistan, adopting these tools can improve the quality of bank credit portfolios, reduce environmental risks, and accelerate the country’s green economic transition.

This research study examines the content analysis of tourism infrastructure and aims to assess the state of infrastructure based on a comprehensive approach that includes the country's transport networks, digital (smart) services, environmental monitoring and resilience to emergencies. The study analyzes transport infrastructure, smart tourism applications, green infrastructure and resilience factors before and after the pandemic. At the same time, it also highlights the problems of regional imbalances and digital inclusion. Practical measures for improvement are analyzed. The main objective of the study is to study tourism infrastructure based on an integrated assessment model, identify existing strengths and weaknesses and develop proposals to increase resilience in emergencies. This study is also of importance to policymakers and government agencies, tourism operators and digital platform owners, academic researchers and students of higher education institutions, local communities and regional development specialists, as well as ecology and environmental management organizations and specialists in the field of urbanization development. The scientific novelty of the study is that it makes a new theoretical and practical contribution to the topic by developing an assessment model and a set of empirical indicators that combine the components of tourism infrastructure with transport, smart services, environmental monitoring and resilience

This article analyzes the impact of infrastructure on economic growth and explores the possibilities of increasing efficiency through standardization. Infrastructure has a significant impact on the economic development of the state, sustainable growth and competitiveness. The article reviews the effectiveness of state policies and implemented standards in various areas of infrastructure - transport, energy, communications and industrial infrastructure. The standardization process ensures the sustainability of economic growth through efficient resource management, the introduction of technological innovations and improving quality. Particular attention is paid to practical approaches to modernizing infrastructure in Uzbekistan and thereby achieving economic stability. The article also analyzes the economic benefits of the state's investment approach to infrastructure projects, including their role in creating jobs and strengthening competition in various sectors. The article, while demonstrating the positive impact of infrastructure and standardization on the economy, also assesses the future prospects of such policies.

This paper analyzes the key criteria of sustainability reporting and the internationally widely applied standards, including GRI (Global Reporting Initiative), IFRS S1 and IFRS S2, as well as the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures). The role of sustainability reporting in assessing the long-term sustainability of organizational activities through environmental, social, and governance (ESG) indicators is highlighted. The stakeholder-oriented nature of the GRI standards, the focus of IFRS S1 and S2 standards on the disclosure of financially material sustainability- and climate-related risks and opportunities, and the role of TCFD recommendations in climate risk management are examined. The findings of the study contribute to identifying the importance of international standards in the development of sustainability reporting

The article analyzes the theoretical foundations of implementing “green standards” in the hospitality industry, examines international practices, and explores the prospects for their application in Uzbekistan. The study focuses on key areas such as environmental sustainability, efficient resource use, and energy efficiency in hotel operations. Based on international experience (Japan, Sweden, South Africa, Denmark, and Singapore), the research identifies successful models of “green hotels” and develops scientifically grounded recommendations for their integration into the national framework. The paper also proposes practical measures for improving Uzbekistan’s environmental standards, aligning the national standard “Hospitality Industry Criteria” with international requirements, and introducing a “green hotel model” based on national design concepts

В данном исследовании рассматривается анализ туристической инфраструктуры в Южной Корее с целью оценки состояния инфраструктуры на основе комплексного подхода, включающего компоненты транспортных сетей страны, цифровые (умные) услуги, мониторинг окружающей среды и устойчивость к чрезвычайным ситуациям. В исследовании анализируются транспортная инфраструктура, покрытие Интернетом и 5G, интеллектуальные туристические приложения, кибербезопасность, зеленая инфраструктура и факторы устойчивости до и после пандемии. В то же время будут также освещены вопросы регионального дисбаланса и цифровой инклюзивности. Анализируются практические меры по улучшению. Основная цель исследования — изучить туристическую инфраструктуру Южной Кореи на основе комплексной модели оценки, выявить имеющиеся сильные и слабые стороны и разработать предложения по повышению устойчивости в чрезвычайных ситуациях. Данное исследование также представляет интерес для политиков и государственных учреждений, туроператоров и владельцев цифровых платформ, научных исследователей и студентов университетов, местных сообществ и специалистов по региональному развитию, а также организаций по экологии и управлению природопользованием и специалистов в области развития урбанизации. Научная новизна исследования заключается в том, что оно вносит новый теоретический и практический вклад в тему путем разработки модели оценки и набора эмпирических показателей, объединяющих компоненты туристической инфраструктуры, транспорта, интеллектуальных услуг, мониторинга окружающей среды и устойчивости.

The integration of Artificial Intelligence (AI) into the circular economy offers transformative solutions to the global challenge of waste management. This article explores the role of AI-driven innovations in promoting waste reduction, resource optimization, and sustainability. Through case studies such as AMP Robotics in the U.S. and ZenRobotics in Finland, the study analyzes how AI enhances waste sorting, recycling efficiency, and product lifecycle management. The findings underscore that AI not only contributes to environmental sustainability but also promotes economic opportunities by optimizing resource loops and minimizing waste generation.

The article analyzes the objective necessity of taxing enterprises for the use of subsoil resources, its economic significance, and methodological foundations. Tax policy in the process of utilizing underground resources serves as a crucial tool for forming state budget revenues, ensuring the efficient use of natural resources, and maintaining environmental sustainability. Additionally, the article examines international experience and proposes effective models for Uzbekistan.

This article examines the issues of ensuring the efficiency and sustainability of the energy supply system, technical losses occurring during electricity transmission, as well as local and international risk factors affecting energy security. The main structural components of the Energy Security Index are analyzed, and technical, economic, and environmental risks within the energy system are classified. The research findings indicate that comprehensive risk management and the reduction of transmission losses are essential conditions for ensuring energy security

This article is devoted to studying the role of ESG principles in ensuring the long-term sustainability of enterprises. ESG principles help to ensure the long-term development and sustainability of the enterprise by implementing responsibilities in the areas of environmental, social and governance into the business practices of enterprises, not only to benefit society and the environment, but also to ensure the long-term development and sustainability of the enterprise. The article analyzes the main elements of ESG principles, their impact on the economic efficiency and reputation of enterprises and the examples of companies that have successfully implemented these principles.

This article analyzes the significance and practical aspects of implementing ESG standards (Environmental, Social, and Governance) in the activities of insurance companies. It highlights the impact of ESG principles on investment processes, particularly in enhancing capital efficiency, improving risk management, and strengthening investor confidence. Based on the analysis of both domestic and international research, the article examines the mechanisms of ESG integration within the insurance sector and identifies key success factors as well as existing barriers. The paper provides practical recommendations for the effective implementation of ESG, including the development of internal policies, ensuring reporting transparency, and revising investment portfolios.