ANALYSIS OF THE IMPACT OF GREEN PROJECTS ON THE GROSS DOMESTIC PRODUCT OF THE KYRGYZ REPUBLIC
Almaz T. Kadyraliev, B. Askarbekov
Kyrgyz Economic University of named Musa Ryskulbekov, Bishkek, Kyrgyz Republic
Keywords: green projects, sustainable finance, financial sector, green investments, the Kyrgyz Republic, macroeconomic development, economic and mathematical modeling
Abstract
This article examines the impact of green projects on the Gross Domestic Product (GDP) of the Kyrgyz Republic using correlation-regression analysis. Based on GDP data for 2010-2024, the volume of green loans, investments in fixed capital aimed at environmental protection, state budget expenditures on environmental protection, corporate expenditures on environmental measures, and the share of fixed capital investments dedicated to environmental protection, a mathematical model has been developed. A forecast of GDP dynamics up to 2035 was constructed, demonstrating stable economic growth under conditions of continued development of green initiatives. The findings underscore the importance of sustainable financing for Kyrgyzstan’s long-term economic development, as well as the necessity for governmental support and the attraction of private investments.
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