ANALYSISOFTHECURRENTPRACTICEOFSTIMULATING"GREENINVESTMENTS"THROUGHTAXINCENTIVES

The transition toward a green economy has become a strategic priority for many developing countries, including Uzbekistan. Tax incentives are widely used as policy instruments to stimulate environmentally sustainable investments in renewable energy, energy efficiency, waste management, and resource-saving technologies. This study analyzes the current practice of promoting green investments through tax incentives in Uzbekistan and evaluates their economic effectiveness. Using statistical analysis, comparative assessment, and policy review methods, the research examines the impact of tax exemptions, reduced tax rates, and fiscal preferences on investment flows and sectoral development. The findings indicate that while tax incentives have contributed to the growth of renewable energy projects and environmentally friendly enterprises, challenges remain in terms of regulatory clarity, monitoring mechanisms, and long-term fiscal sustainability. The study proposes recommendations aimed at improving the efficiency, transparency, and targeted orientation of green tax policies.