DEVELOPING A GREEN ACCOUNTING METHODOLOGY IN UZBEKISTAN: LESSONS FROM THE MALAYSIAN EXPERIENCE

Khalilov Sherzod Akhmatovich

Аннотация

In recent years, green accounting has gained significant traction as a vital tool for promoting sustainable development. This surge in interest is a direct response to the growing global environmental challenges and the need for a more sustainable approach to economic development. Green accounting, which integrates environmental considerations into financial reporting and decision-making processes, is increasingly considered indispensable for achieving long-term economic sustainability. The Republic of Uzbekistan, in its journey towards sustainable development, is now exploring the development of a green accounting system, taking cues from successful models like that of Malaysia. This paper, titled "Developing a Green Accounting Methodology in Uzbekistan: Lessons from the Malaysian Experience," aims to bridge the knowledge gap in this area and offer a structured approach for Uzbekistan to adopt and adapt green accounting practices effectively.