THE ROLE OF COMMERCIAL BANKS IN THE DEVELOPMENT OF ALTERNATIVE ENERGY

Authors

  • Shokhrukh Movlonov Chief Inspector of the Central Bank of the Republic of Uzbekistan Author

Keywords:

Alternative energy, commercial banks, green finance, renewable energy, investment, sustainability, financial instruments

Abstract

This article explores the critical role of commercial banks in the development of alternative energy. It analyzes the financial instruments used by banks, their cooperation with governments and international organizations, and the challenges they face in green financing. Through international and local case studies, the work identifies strategic directions for increasing bank involvement in sustainable energy projects.

References

International Renewable Energy Agency (IRENA). (2023). World Energy Investment Report.

World Bank. (2022). Financing the Low-Carbon Transition.

United Nations Environment Programme (UNEP). (2023). Green Finance Guidelines.

HSBC Group. (2024). Sustainability Report.

Central Bank of Uzbekistan. (2023). Green Banking Initiatives in Uzbekistan.

Published

2025-06-19

Issue

Vol. 3 No. 6 Part 2 (2025): Central Asian Journal of Academic Research

Section

Articles

How to Cite

THE ROLE OF COMMERCIAL BANKS IN THE DEVELOPMENT OF ALTERNATIVE ENERGY. (2025). Central Asian Journal of Academic Research, 3(6 Part 2), 126-129. https://in-academy.uz/index.php/CAJAR/article/view/35670