Publication Details
Abstract
ABSTRACT
This study is devoted to developing a classification of integrated models that can be applied to financing the forestry sector in Uzbekistan. It examines a multi-vector financing system comprising state budget funds, international financial institutions, private sector investments, green bonds, environmental payments, and revenues generated from forestry activities. The proposed model is aimed at enhancing the ecological sustainability of the sector, addressing climate change challenges, mitigating desertification processes, and ensuring the rational use of forest resources. In addition, expenditure directions, financial control mechanisms, and implementing entities are clearly classified for each financing source. The findings of the study contribute to improving the effectiveness of diversified and sustainable financial instruments in the development of forestry and provide a foundation for the sector’s long-term self-financing capacity.
Keywords: Forestry sector, financing model, integrated financing, ecological sustainability, climate change, international grants, green bonds, donor organizations, public-private partnership, carbon market, environmental payments, forest fund leasing, diversification, financial oversight, sustainable development.