Uzbekistan : Choosing an Innovative and Green Future
Uzbekistan has a unique opportunity to make early investments to ‘green’ its ambitious economic and market transition. A greener economic growth model in Uzbekistan, based on the sustainable and efficient use of natural and energy resources, would...
| Main Authors: | , , |
|---|---|
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2022
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099325002152211955/P17710800531c80d50afc800a553226f562 http://hdl.handle.net/10986/37045 |
| Summary: | Uzbekistan has a unique opportunity
to make early investments to ‘green’ its ambitious economic
and market transition. A greener economic growth model in
Uzbekistan, based on the sustainable and efficient use of
natural and energy resources, would minimize pollution,
reduce climate and environmental impacts, and strengthen
resilience to natural disasters and climate change. It would
allow the country to overcome limits to growth under its
present development pattern by capturing the dynamics
between transformative technology and natural capital,
delivering growth and create jobs while improving
sustainability, resilience, and inclusion. A greener growth
model could also help strengthen Uzbekistan’s economic
competitiveness in a more climate- and environmentally aware
global marketplace. Green growth involves economy-wide
changes that call for strong policy coordination and an
institutional and regulatory framework that cuts across
sectors. Strong political commitment is key to managing
sectoral tradeoffs and sustaining action over successive
governments. It must be supported by objective technical
advice, adequate data and analytics, knowledgeable staff in
government, catalyzing finance, engaging the private sector,
and a low-emission development strategy. |
|---|