STUDY OF THE ECONOMIC EFFICIENCY OF GREEN BONDS, ECOLOGICAL LOANS, AND GREEN INVESTMENT FUNDS, AS WELL AS THEIR IMPORTANCE IN THE FINANCIAL SYSTEM

Avazov, Azizbek

Яшил иқтисодиёт ва тараққиёт · 2025-yil

Annotatsiya

This study investigates the economic efficiency of green bonds, green loans, and green investment funds,along with their pivotal role in the financial system. Drawing from recent empirical evidence, green bonds lower financingcosts by offering reduced coupon rates and shorter capital occupation periods compared to conventional bonds, whileenhancing ESG performance, though their direct impact on emissions reduction can vary based on issuer practices.Green loans improve firm operational performance, with post-loan increases in operating income relative to assets by1,1%–1,2% and reductions in CO2 emissions per revenue. Green investment funds drive green innovation by increasingpatent applications in sustainable technologies and strengthening governance in firms with weaker structures. Collectively,these instruments channel financial flows towards sustainable projects, supporting economic growth, job creation, andthe transition to a low-carbon economy, with the green finance market projected to expand significantly.

Maqola ma’lumotlari
MualliflarAvazov, Azizbek
JurnalЯшил иқтисодиёт ва тараққиёт
Nashr sanasi2025-12-01
Jild3
Son12
TilIngliz
DOI10.5281/zenodo.17951892

Kalit so‘zlar

Green bonds, green loans, green investment funds, economic efficiency, sustainable finance, financial system, ESG performance, emissions reduction, green innovation

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