Financing Uzbekistan’s Green Transition : Capital Market Development and Opportunities for Green Bond Issuance
Organisation for Economic Co-operation and Development
The scale of Uzbekistan’s green transition requires a marked increase in private financing to fill the existing spending gap. The outsized role of the state in Uzbekistan’s economy and its underdeveloped domestic capital market act as significant constraints and call for a diversification of sources to finance the green transition. Since 2021, Uzbekistan has made green bonds a central part of its strategy to fill the financing gap and mobilise new sources of capital for its domestic green infrastructure projects. This publication explores the current market and institutional set-up in Uzbekistan, the reforms that have led to recent issuances of both sovereign and corporate thematic bonds, and the remaining barriers to further uptake of the instrument. The report also provides policy recommendations related to the market's institutional set up, Uzbekistan's regulatory framework for debt capital markets and emerging opportunities for further green bond use aimed at key stakeholders, including policy makers and market participants.
Year of publication: |
2023
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Institutions: | OECD (issuing body) |
Publisher: |
Paris : OECD Publishing |
Subject: | Nachhaltige Entwicklung | Sustainable development | Umweltpolitik | Environmental policy | Anleihe | Bond | Nachhaltige Kapitalanlage | Sustainable investment | Finanzmarkt | Financial market | Usbekistan | Uzbekistan |
Saved in:
Online Resource
Extent: | 1 Online-Ressource (79 p.) 21 x 28cm. |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 978-92-64-85220-4 ; 978-92-64-84130-7 ; 978-92-64-75778-3 |
Other identifiers: | 10.1787/27d2489d-en [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014491595
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