THE ROLE OF GREEN INVESTMENTS AND RENEWABLE ENERGY PROJECTS IN THE ECONOMY OF UZBEKISTAN

Authors

  • Zakir Malikovich Tadjibayev Acting Professor, Department of World and Regional Economics, Fergana State University

DOI:

https://doi.org/10.55640/

Keywords:

green investments, renewable energy, solar energy, wind energy, green economy, energy security, natural gas, economy of Uzbekistan.

Abstract

This article analyzes the role of green investments and renewable energy projects in the economy of Uzbekistan from legal, economic, and statistical perspectives. The study is based on the Constitution, laws related to energy and investment activities, presidential resolutions, official data from the Ministry of Energy, official information from the President of the Republic of Uzbekistan, as well as data from the World Bank, IRENA, and the International Energy Agency. The results show that renewable energy projects strengthen Uzbekistan’s long-term competitiveness by increasing electricity production, saving natural gas, reducing harmful emissions, attracting foreign investment, and expanding local industrial cooperation.

References

1. Constitution of the Republic of Uzbekistan. New edition. Adopted by referendum on April 30, 2023.

2. Law of the Republic of Uzbekistan “On the Use of Renewable Energy Sources,” No. ZRU-539. May 21, 2019.

3. Law of the Republic of Uzbekistan “On Electric Power Industry,” No. ZRU-939. August 7, 2024.

4. Law of the Republic of Uzbekistan “On Investments and Investment Activity,” No. ZRU-598. December 25, 2019.

5. Resolution of the President of the Republic of Uzbekistan “On Approval of the Strategy for the Transition of the Republic of Uzbekistan to a Green Economy for the Period of 2019–2030,” No. PP-4477. October 4, 2019.

6. Resolution of the President of the Republic of Uzbekistan “On Measures to Improve the Effectiveness of Reforms Aimed at the Transition of the Republic of Uzbekistan to a Green Economy by 2030,” No. PP-436. December 2, 2022.

7. Decree of the President of the Republic of Uzbekistan “On the Uzbekistan — 2030 Strategy,” No. PF-158. September 11, 2023.

8. Resolution of the President of the Republic of Uzbekistan “On Measures to Accelerate the Introduction of Renewable Energy Sources and Energy-Saving Technologies in 2023,” No. PP-57. February 16, 2023.

9. Ministry of Energy of the Republic of Uzbekistan. Official data on electricity and green energy production indicators for 2024–2025.

10. Official website of the President of the Republic of Uzbekistan. Official information on energy projects, new capacities, and investment indicators in 2025.

11. Vahobov, A.V., & Khajibakiyev, Sh.X. Green Economy. Textbook. Tashkent: Universitet, 2020.

12. Nurov, Z., & Rajabova, M.X. “The Economic Importance of the Energy Sector in the Green Economy.” Central Asian Academic Journal of Scientific Research, 2022, Vol. 2, No. 5.

13. World Bank. Uzbekistan Country Climate and Development Report. Washington, DC: World Bank Group, 2023.

14. International Renewable Energy Agency. Renewable Capacity Statistics 2025. Abu Dhabi: IRENA, 2025.

15. International Energy Agency. Uzbekistan Energy Profile. Paris: IEA, 2022.

Downloads

Published

2026-05-09

How to Cite

THE ROLE OF GREEN INVESTMENTS AND RENEWABLE ENERGY PROJECTS IN THE ECONOMY OF UZBEKISTAN. (2026). International Journal of Political Sciences and Economics, 5(5), 214-218. https://doi.org/10.55640/

Similar Articles

1-10 of 776

You may also start an advanced similarity search for this article.