KAPITAL BOZORI ORQALI YASHIL MOLIYALASHTIRISH AMALIYOTINI RIVOJLANTIRISH ISTIQBOLLARI
PDF (English)

Ключевые слова

yashil moliyalashtirish, kapital bozori, yashil obligatsiyalar, ekologik investitsiyalar, barqaror rivojlanish, moliyaviy vositalar, iqlim o‘zgarishi, ESG mezonlari, yashil iqtisodiyot, moliyaviy barqarorlik, investitsiya fondlari, qonunchilik bazasi, rag‘batlantiruvchi mexanizmlar, xalqaro tajriba, moliyaviy infratuzilma.

Аннотация

Ushbu maqolada kapital bozori vositalari orqali yashil moliyalashtirish amaliyotini rivojlantirish imkoniyatlari, mavjud holati va istiqbollari atroflicha tahlil qilinadi.

Yashil moliyalashtirish deganda, ekologik barqarorlikni ta’minlash, iqlim o‘zgarishiga qarshi kurashish, energiya samaradorligini oshirish va atrof-muhitga salbiy ta’sirni kamaytirishga yo‘naltirilgan investitsiyalar tushuniladi. Shu nuqtai nazardan, kapital bozori ushbu moliyalashtirish turining asosiy yo‘nalishlaridan biri bo‘lib, yashil obligatsiyalar, ijtimoiy obligatsiyalar, barqaror rivojlanish indeksiga asoslangan fondlar va boshqa moliyaviy vositalar orqali ekologik loyihalarga mablag‘ jalb etish imkonini beradi.

Maqolada O‘zbekiston Respublikasida yashil moliyalashtirishni qo‘llab-quvvatlovchi institutlar, huquqiy baza, investitsion muhit va moliyaviy vositalarning hozirgi holati tahlil qilinadi. Xususan, yashil obligatsiyalar chiqarilishi, ularni kapital bozori ishtirokchilari tomonidan baholanishi, investorlar ishonchining shakllanishi va xalqaro reyting agentliklari tomonidan beriladigan ekologik mezonlar ko‘rib chiqiladi. Xalqaro tajriba misolida Yevropa Ittifoqi, Xitoy, AQSh va boshqa mamlakatlarning yashil moliyaviy infratuzilmasi ham solishtirilib, ulardan O‘zbekiston uchun moslashtiriladigan jihatlar ajratib ko‘rsatiladi.

PDF (English)

Библиографические ссылки

Climate Bonds Initiative (2023). Green Bonds Market Summary Q4 2023. Available at: https://www.climatebonds.net/resources/reports

OECD (2020). Developing Sustainable Finance Definitions and Taxonomies. OECD Publishing. Available at: https://www.oecd.org/finance/sustainable-finance.

IFC (2021). Green Finance: A Bottom-up Approach to Track Existing Flows. International Finance Corporation. Available at: https://www.ifc.org

World Bank (2022). Financing Climate Action: A Guide for Policymakers. Washington, D.C.: World Bank Group.

UNEP (2021). State of Finance for Nature: Investing in Nature for Sustainable Development. United Nations Environment Programme. Available at: https://www.unep.org/resources

Carney, M. (2015). Breaking the tragedy of the horizon – climate change and financial stability. Speech by Mark Carney. Bank of England. [Online] Available at: https://www.bankofengland.co.uk

Stern, N. (2006). The Economics of Climate Change: The Stern Review. Cambridge: Cambridge University Press.

Sachs, J.D. (2021). The Ages of Globalization: Geography, Technology, and Institutions. New York: Columbia University Press.

Mazzucato, M. (2018). The Value of Everything: Making and Taking in the Global Economy. London: Penguin Books.

ADB (2022). Green Finance Strategies in Asia. Asian Development Bank. Available at: https://www.adb.org

UNDP (2023). Green Economy in Uzbekistan: Policy Priorities and Investment Pathways. United Nations Development Programme Uzbekistan. Available at: https://www.undp.org/uzbekistan

O‘zbekiston Respublikasi Iqtisodiyot va moliya vazirligi (2024). Yashil iqtisodiyot strategiyasi – 2022–2026 yillar. Toshkent: Rasmiy nashr.

O‘zbekiston Respublikasi Markaziy banki (2023). Moliyaviy barqarorlik hisobotlari. Available at: https://www.cbu.uz

Isroilov, S. (2023). “O‘zbekistonda yashil obligatsiyalarni joriy etish istiqbollari”, Iqtisodiyot va moliya jurnali, №4, b. 57–65.

To‘laganov, A. (2022). “Kapital bozorining ekologik transformatsiyasi: muammolar va imkoniyatlar”, Moliyaviy tadqiqotlar ilmiy jurnali, №3, b. 33–41.