Tashkent State University of Economics
Faculty of Economics
Samadova Zarinabonu Farhod qizi
ORCID: 0009-0001-9398-6141
Abstract: The transition to a sustainable economy requires effective financial mechanisms capable of supporting environmentally friendly investments. In emerging economies such as Uzbekistan, the development of green finance is constrained by structural and institutional challenges, particularly within the banking sector. This study examines the key barriers to green finance in Uzbekistan by analyzing the role of the banking system over the period 2015–2023. The research is based on secondary data obtained from the OECD, European Bank for Reconstruction and Development, and the Central Bank of Uzbekistan. A combination of descriptive analysis and econometric modeling is applied to evaluate the relationship between financial sector development and green finance accessibility.
Key words: green finance, sustainable economy, banking sector, investment, financial development, green projects.