Problems and prospects of developing small business in Uzbekistan under the conditions of a green economy

Baymuradova Zilola Alisherovna and Boburjon Bahriddinovich Izbosarov

GREEN ECONOMY AND DEVELOPMENT, 2025, vol. 3

Abstract: This article analyzes the problems and prospects of developing small businesses in Uzbekistan under theconditions of a green economy. Based on empirical data from 2018 to 2024, the study highlights significant achievementsin energy productivity, green employment, renewable energy integration, and afforestation. Econometric analysis confirmsthat green policies positively impact energy productivity. The paper emphasizes the crucial role of small businesses asflexible actors in driving eco-innovation, green jobs, and decentralized environmental solutions. However, challengesrelated to green finance, regulatory complexity, and knowledge gaps remain. The study proposes comprehensive policyrecommendations to strengthen SME participation in Uzbekistan’s green economy transition in line with international bestpractices.

Keywords: green economy; small businesses; green finance; renewable energy; eco-innovation; sustainable development; Uzbekistan; green jobs; energy productivity; environmental policy. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:3:y:2025:id:5906

DOI: 10.5281/zenodo.15707258

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