ENVIRONMENTAL TAXES AND THEIR ROLE IN THE DEVELOPMENT OF THE GREEN ECONOMY
DOI:
https://doi.org/10.55640/Keywords:
environmental taxes, green economy, sustainable development, Uzbekistan, ecological policyAbstract
Environmental taxes are recognized as a crucial economic tool for promoting sustainable development and supporting the green economy. This study analyzes the role of environmental taxation in influencing production and consumption patterns, reducing pollution, and encouraging investment in environmentally friendly technologies. Using Uzbekistan’s Tax Code, legislative acts, and statistical data, the research demonstrates that environmental taxes can drive sustainable economic growth while ensuring ecological protection. Challenges include limited tax coverage, administrative capacity, and public awareness, which require policy improvements to maximize effectiveness.
References
1.Decree of the President of the Republic of Uzbekistan. (2023). On further improvement of economic mechanisms for environmental protection in the territory of the Republic of Uzbekistan [Decree No. 202]. International Energy Agency.
2.Ministry of Ecology of the Republic of Uzbekistan. (2024). State report on environmental protection and sustainable development in Uzbekistan. Tashkent: Ministry of Ecology.
3.Publication of the Samarkand Institute of Economics and Service. (2025). Environmental taxation and green economy strategies in Uzbekistan.
4.Tashkent Times. (2025, March 14). Environmental pollution tax could be adopted in Uzbekistan.
5.OECD. (2022). Environmental taxation: Trends, challenges, and impacts. Paris: OECD Publishing. https://www.oecd.org/environment/environmental-taxation-trends-2022.pdf
6.Pigou, A. C. (1920). The economics of welfare. London: Macmillan.
7.Stern, N. (2007). The economics of climate change: The Stern review. Cambridge: Cambridge University Press.
8.United Nations Environment Programme. (2021). Global environmental outlook: Policy and economic instruments for sustainable development. Nairobi: UNEP.
9.World Bank. (2023). Green economy and environmental taxes: Country reports and policy recommendations. Washington, DC: World Bank. https://www.worldbank.org/en/topic/environment/brief/green-economy
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
