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

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

Authors

  • Baymuradova Zilola Alisherovna
  • Boburjon Bahriddinovich Izbosarov

DOI:

https://doi.org/10.5281/zenodo.15707258

Keywords:

green economy, small businesses, green finance, renewable energy, eco-innovation, sustainable development, Uzbekistan, green jobs, energy productivity, environmental policy.

Abstract

This article analyzes the problems and prospects of developing small businesses in Uzbekistan under the
conditions of a green economy. Based on empirical data from 2018 to 2024, the study highlights significant achievements
in energy productivity, green employment, renewable energy integration, and afforestation. Econometric analysis confirms
that green policies positively impact energy productivity. The paper emphasizes the crucial role of small businesses as
flexible actors in driving eco-innovation, green jobs, and decentralized environmental solutions. However, challenges
related to green finance, regulatory complexity, and knowledge gaps remain. The study proposes comprehensive policy
recommendations to strengthen SME participation in Uzbekistan’s green economy transition in line with international best
practices.

Author Biographies

Baymuradova Zilola Alisherovna


Student of Tashkent State University of Economics

Boburjon Bahriddinovich Izbosarov

Scientific Supervisor:
Dean of the International Joint Educational Program
Faculty of TSEU-UrSEU, Doctor of Economics, Professor

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Published

2025-05-01

How to Cite

Baymuradova , Z., & Izbosarov, B. (2025). Problems and prospects of developing small business in Uzbekistan under the conditions of a green economy. GREEN ECONOMY AND DEVELOPMENT, 3. https://doi.org/10.5281/zenodo.15707258
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