Environmental Taxes and Their Role in The Development of a Green Economy

Turayev Alijon Akmal ugli; Umarov Faxriddin Sherzod ugli

Authors

Turayev Alijon Akmal ugli Associate Professor of the Department of "Investment and Innovations" of the Samarkand Institute of Economics and Service, PhD.
Umarov Faxriddin Sherzod ugli Student of the Samarkand Institute of Economics and Service

Keywords:

Environmental Taxes, Green Economy, Sustainable Development, Carbon Taxation, Ecological Policy, Climate Change Mitigation, Renewable Energy, Fiscal Instruments, Environmental Protection, Green Growth

Abstract

Environmental degradation and climate change have become major global challenges, requiring effective policy responses from governments worldwide. One of the key economic instruments used to address these issues is environmental taxation. Environmental taxes are designed to reduce pollution, encourage efficient use of natural resources, and promote sustainable economic growth. This article examines the role of environmental taxes in the development of a green economy. It analyzes theoretical foundations, international practices, and the economic and environmental impacts of such taxes. The study concludes that environmental taxation is an essential tool for achieving long-term sustainability and supporting the transition to a green economy.