KAPITAL BOZORI ORQALI YASHIL MOLIYALASHTIRISH AMALIYOTINI RIVOJLANTIRISH ISTIQBOLLARI

Аннотация

This article provides a comprehensive analysis of the opportunities, current status and prospects for the development of green financing practices through capital market instruments. Green financing refers to investments aimed at ensuring environmental sustainability, combating climate change, increasing energy efficiency and reducing negative environmental impacts. In this context, the capital market is one of the main directions of this type of financing, allowing to attract funds for environmental projects through green bonds, social bonds, funds based on sustainable development indices and other financial instruments. The article analyzes the institutions supporting green financing in the Republic of Uzbekistan, the legal framework, the investment environment and the current state of financial instruments. In particular, the issuance of green bonds, their assessment by capital market participants, the formation of investor confidence and the environmental criteria provided by international rating agencies are considered. The green financial infrastructure of the European Union, China, the United States and other countries is also compared using international experience, and aspects that can be adapted for Uzbekistan are highlighted. Keywords: green financing, capital market, green bonds, environmental investments, sustainable development, financial instruments, climate change, ESG criteria, green economy, financial stability, investment funds, legislative framework, incentive mechanisms, international experience, financial infrastructure. 1210 ResearchBib IF - 11.01, ISSN: 3030-3753, Volume 2 Issue 5