THE ANALYSIS OF ECONOMIC GROWTH AND ENERGY USE AND CO2 EMISSION IN UZBEKISTAN

Аннотация

Greenhouse gas (GHG) emissions, in particular Carbon dioxide (CO₂) emissions, are the primary cause of global climate change, which poses extreme risks to the environment, development, and sustainability. Uzbekistan's economy and agriculture are developing steadily, which results in increasing energy demand and CO₂ emissions. For governments attempting to balance climate change mitigation and sustainable development, it is increasingly important to comprehend Uzbekistan's susceptibility to climate change. Minimizing environmental degradation in Uzbekistan can be achieved through analyzing pollution-development trade-offs. The relationship between economic growth, energy use, agricultural added value, and CO₂ emissions in Uzbekistan was thus empirically studied in the current study. This study used time series data for Uzbekistan from 1990 to 2020 to evaluate the short-run and long-run correlations between the variables using the autoregressive distributed lag (ARDL) technique. The empirical results showed that while energy consumption and economic expansion cause environmental degradation by raising CO₂ emissions, increasing agricultural added value actually enhances Uzbekistan's environmental quality by lowering CO₂ emissions over the long and short terms.