Volume 04 Issue 06-2024
45
International Journal Of Management And Economics Fundamental
(ISSN
–
2771-2257)
VOLUME
04
ISSUE
06
P
AGES
:
45-49
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
ABSTRACT
The transition to a "green economy" necessitates significant investments across all sectors, particularly within
industrial networks. This abstract examines the crucial role of these investments in fostering sustainable practices,
promoting innovation, and driving economic growth. By exploring the multifaceted impact of green investments on
industry networks, the abstract highlights the importance of public-private partnerships, policy incentives, and
technological advancements in enabling a successful and equitable transition. Furthermore, the abstract emphasizes
the need for a comprehensive framework that considers both economic and environmental objectives, ensuring that
green investments contribute to a prosperous and sustainable future.
KEYWORDS
Green economy, Industry networks, Investments, Sustainability, Innovation, Public-private partnerships, Policy
incentives, Technological advancements, Economic growth.
INTRODUCTION
In the process of globalization of the economy, it can
be seen from the practical experience of the countries
of the world that the economic development of any
country and its economic entities is mainly based on
Research Article
THE IMPORTANCE OF INVESTMENTS IN THE FORMATION OF THE
"GREEN ECONOMY" IN INDUSTRY NETWORKS
Submission Date:
June 17, 2024,
Accepted Date:
June 22, 2024,
Published Date:
June 27, 2024
Crossref doi:
https://doi.org/10.37547/ijmef/Volume04Issue06-07
Komolov Sadriddin Xayriddinovich
Doctoral student at Tashkent State Technical University, Uzbekistan
Journal
Website:
https://theusajournals.
com/index.php/ijmef
Copyright:
Original
content from this work
may be used under the
terms of the creative
commons
attributes
4.0 licence.
Volume 04 Issue 06-2024
46
International Journal Of Management And Economics Fundamental
(ISSN
–
2771-2257)
VOLUME
04
ISSUE
06
P
AGES
:
45-49
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
innovation. Investment serves as the main factor in the
modernization of the economy, in the improvement of
the material and technical base, in the field of
production. Due to this, the investment is of great
importance in the formation of the "green economy".
According to data, by the end of our century, due to
climate change, the world's gross domestic product
may suffer 20 percent economic damage. The Central
Asian region is particularly prone to negative effects
related to the procedure. Therefore, it is extremely
important for the Central Asian countries to find
complex solutions in mutual cooperation against the
global threat. [2].
"Green economy" is the economy of tomorrow and it
should be the driving force of economic development
of the 21st century. The theory of green economy is
based on the following three axioms: - the sphere of
influence cannot be continuously expanded in a limited
space; - in conditions of limited resources, it is
impossible to demand the satisfaction of continuously
increasing needs; - Everything on the surface of the
earth is connected with each other. [3].
Green economy" - preserving the ecology of our
planet. is a future economy of a new model based on
the development of production and service sectors
based
on
knowledge
and
resource-efficient
technologies [4] .
According to the recommendation of the United
Nations, countries should allocate at least 1% of their
gross domestic product to the development of the
"green economy". While this indicator does not exceed
1% in the USA, Sweden, Italy and other economically
developed countries, it is 3% in Korea. [2].
Work on the development of the "green economy" in
Uzbekistan began in 2020. In 2019, the "Strategy of the
transition to a green economy of the Republic of
Uzbekistan in 2019-2030" was approved. This strategy
envisages reducing greenhouse gas emissions in the
country by increasing energy efficiency, expanding the
use of renewable energy sources, increasing resource
efficiency and crop productivity, and reducing land
degradation [1].
The formation of the "green economy in industrial
sectors" and the importance of its investments will
lead to variations, but in general it can have the
following main points:
Green technologies and processes: the use of green
technologies in the formation of a green economy in
industrial sectors, green energy (use of wind, wind,
water and other new energy sources), reform,
automation and convergence of warehouse systems,
production of simple materials and production
processes, self- innovative approaches such as
production from self-constructing materials are of
great importance.
Energy efficiency: New investments in industries
should focus on improving energy efficiency. This can
be done by reducing energy waste, reducing operating
costs and supporting energy sources.
Volume 04 Issue 06-2024
47
International Journal Of Management And Economics Fundamental
(ISSN
–
2771-2257)
VOLUME
04
ISSUE
06
P
AGES
:
45-49
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
No Problem Income: In the process of driving large
profits in industries, no problem income is a key part of
the green economy. These issues may include the
environment, water resources, environmental pricing,
and corporate incentives.
Multilateral cooperation: Multilateral cooperation, as
well as consultation and participation among
enterprises,
government
and
local
public
organizations, is always important in the formation of
a green economy in industrial sectors. This includes
expanding markets for green revenues in collaboration
with other sectors, for example through the
implementation of green initiatives and the use of
green certification.
Adoption: Investments in the green economy in
industrial sectors must be adopted. These should be
indicators that allow setting, monitoring and
evaluation of results, strategic consequences and
reference to the state's policy. Investments to improve
and strengthen these appropriation processes are
important for the better formation of the green
economy.
Green investments have a wide-ranging impact and
change in the industrial sector. These changes will alter
the environmental impact, financial efficiency and
utility of social users of industries. Some of the changes
can be seen in the following screenshots:
Improving energy efficiency: Green investments help
to improve energy efficiency in the industrial sector.
For example, energy efficiency investments can
improve energy consumption and efficiency by
introducing various technologies and processes in
energy generation, heating, and soap optimization
processes.
Addressing Environmental Issues: Investments aimed
at addressing environmental issues surrounding green
investments
include
offsetting
hazardous
environmental issues caused by industrial toxins, water
and air pollution, and improving treatment and
containment systems.
Integrating industrial systems: Green investments
ensure the reduction or utilization of wasteful and
impactful material resources around them by
integrating and optimizing industrial systems. This
provides it with financial performance and other
important benchmarks in the public and enterprise
sectors.
Environmental innovation and technology: Green
investments bring environmental innovation and
technology in industry. These innovations help to
transform an industry into an ecological one by
introducing new environmentally friendly materials,
production methods, and variables.
Social development and empowerment of difference:
Green investments also deal with the social and
problematic aspects of industries. These investments
are focused on ecological production and the
establishment of green industrial systems, helping to
strengthen the strong social difference.
Volume 04 Issue 06-2024
48
International Journal Of Management And Economics Fundamental
(ISSN
–
2771-2257)
VOLUME
04
ISSUE
06
P
AGES
:
45-49
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
In these ways, green investments can transform the
way an industry operates in environmental, economic,
and social ways. These changes are important for
sustainability and environmental protection in the
industry, as well as for ensuring quality production in
the industry and providing better performance to
social users.
It explains the importance of making the right
investments in the economy of investment in industrial
enterprises, increasing the capital of the enterprise,
producing good quality products, introducing
innovations, optimizing production processes and
attracting financial resources to enter new markets.
These investments are no different from investments
in other sectors because they are based on industrial
enterprise, production methods and innovations.
Investment economics in industrial enterprises can
consist of the following important points:
1.Capital Investments: The most common investments
for an industrial enterprise are related to the growth of
the enterprise's capital or the funds allocated for the
acquisition of equipment needed for new orders.
Capital investment is the only way to grow an
enterprise, which includes acquiring new equipment,
entering a foreign market, or developing production
systems to meet consumer demands.
2. Technological investments: It is important to invest
in new technologies to provide good quality services
and develop products of an industrial enterprise. This
includes acquisition of new equipment, automation,
computerization, and automation. With the help of
technological investments, the enterprise ensures
efficient, fast and high-quality product production.
3. Incentives and programs: The investment economy
in industrial enterprises requires the identification of
initial opportunities at the first step, the introduction
of innovations in the latest industrial sectors and the
provision of effective enterprise production processes.
As a means of securing these investments,
government programs and incentives may be
available. These programs include financial support
and discounts for enterprises, as well as incentives for
the development and implementation of new
innovations.
4. Economically supporting change: In industrial
enterprises, the investment economy is important in
providing change. Green investments used to increase
the competence of industrial enterprises, optimize
production processes and increase product safety,
energy efficiency and investments aimed at preserving
and improving the environment are important,
including in order to prepare the industrial sector for
environmental changes.
Investment economy in industrial enterprises helps to
increase the capital of the enterprise, to produce
products and services of good quality, and to introduce
the enterprise to innovations. These investments play
an important role in the development of the industrial
sector, ensuring economic growth and ensuring the
wealth and prosperity of society.
Volume 04 Issue 06-2024
49
International Journal Of Management And Economics Fundamental
(ISSN
–
2771-2257)
VOLUME
04
ISSUE
06
P
AGES
:
45-49
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
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