THE ROLE OF CIRCULAR ECONOMY IN ACHIEVING A GREEN ECONOMY
Keywords:
Circular Economy; Green Economy; Sustainability; Resource Management; Waste ReductionAbstract
The circular economy offers a radical way of sustainable development that encourages efficiency of the resources, minimizing waste, and environmental degradation. In this paper, the authors discuss the importance of a circular economy in promoting a green economy, paying attention to the theoretical basis, the policy tools applied by the country in Uzbekistan, and the current progress (2019-2024). It relies on the qualitative literature review and policy analysis, and offers specific suggestions to ensure that the Uzbekistan transition into circularity is speeded up.
References
Allayarov, S. (2025). Financing ecological projects within the green economy: mechanisms, challenges and opportunities. Intent Research Scientific Journal.
Government of Uzbekistan. (2019). Strategy for the Transition of the Republic of Uzbekistan to a Green Economy (2019–2030).
International Energy Agency (IEA). (2023). A Solar Energy Roadmap for Uzbekistan by 2030.
Isakulova, B., Usmanova, L., & Saidvaliyeva, D. (2024). Transition to a Green Economy in Uzbekistan: Prospects and Challenges for the Development of Renewable Energy. E3S Web of Conferences.
Jackson, T. (2009). Prosperity without Growth: Economics for a Finite Planet.
Jiyanova, N. (2023). Digital transformation and sustainable development. E3S Web of Conferences.
Pearce, D., Markandya, A., & Barbier, E. (1989). Blueprint for a Green Economy.
President of Uzbekistan. (2019). Presidential Decree PF-5863 on Green Economy Implementation. Lex.uz.
Raworth, K. (2017). Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist.
Reuters. (2024). Uzbekistan announces $1.3 bln in waste-to-energy projects.
UNDP Uzbekistan. (2023). Uzbekistan’s first Green Bond and Sustainable Finance Report.
World Bank. (2023). Towards a Greener Economy in Uzbekistan.
