Addressing the economic impacts of climate change in Uzbekistan: Challenges and strategies

¹ Samarkand State University named after Sharof Rashidov, Samarkand, Uzbekistan
² “Silk Road” International University of Tourism and Cultural Heritage Samarkand, Uzbekistan
³ Research institute «Family and Gender», Tashkent, Uzbekistan
⁴ Karakalpak State University

^* Corresponding author: ibragimovlutfullo@gmail.com

Abstract

The impacts of climate change have become increasingly evident globally. Leading climatologists attribute this phenomenon primarily to human activity, as rising greenhouse gas concentrations warm the Earth's atmosphere. Accelerating economy-wide reforms is vital to foster an environment conducive to business and investment, crucial for transitioning to a green economy. Establishing financial regulations and market-based incentives attracts investment in sustainable ventures. Additionally, sectorspecific strategies, including water resource management, climate-smart agriculture, urban development, and human capital enhancement, play pivotal roles. This article delves into the urgent issue of global climate change, elucidating its environmental implications, socio-economic repercussions, and the significant threat it poses to various economic sectors. Global warming acts as a catalyst for multifaceted changes and risks, necessitating careful consideration to avert widespread disaster. Proactive measures, informed by comprehensive understanding and collaboration, are imperative for mitigating the adverse impacts of climate change and fostering a sustainable future for generations to come.