Green Entrepreneurship and Sustainable Business Development in Central Asian Emerging Economies: Evidence from the Green Entrepreneurship Development Index

In recent years, climate change, the contraction of natural resources, and increasing ecological risks progress in the global economy stable development principles based new business models to the formation motivation This is giving. In this process, green entrepreneurship is a solution to ecological problems to reach directed innovative entrepreneurship activity as economic growth, resource-effective use, and environmental protection, to achieve goals, a crucial mechanism is considered. This research examines the development of green entrepreneurship in Central Asia. To evaluate the impact of complex to evaluate Research within Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan, green entrepreneurship development institutional, economic, and financial basics. In the analysis of state politics, green financing mechanisms, the development level of renewable energy sources, institutional environment quality, and green business activity such as from the indicators used. Research methodology, qualitative-comparative analysis, institutional assessment, and countries in the section, analytical rating based on the methods. Research results of Central Asian countries in the middle green entrepreneurship development at the level of noticeable differences showed. Kazakhstan and Uzbekistan green economy policy and investment environment according to relatively high the results demonstration reached if, Kyrgyzstan and Tajikistan again recovering energy potential with separated It is located in Turkmenistan. and institutional and financial restrictions green business development slowing down main factors, as are green financing instruments, in particular, green loans, bonds, and public-private partnership mechanisms' development level and green entrepreneurship's direct impact on activity, it was found. Research in the Central Asian countries for green entrepreneurship to encourage, to recover energy development, improve the institutional environment, and foster regional ecological cooperation aimed at practical recommendations was conducted. Taking green results to the economy to pass processes and in the region, long-term stable business development provides scientific and practical importance.