SOCIAL INVESTMENTS AND THE DEVELOPMENT DIRECTIONS OF PUBLIC-PRIVATE PARTNERSHIP WITHIN THE FRAMEWORK OF ESG PRINCIPLES

Authors

  • Djumayeva Sanobar Kenjayevna Lecturer, “Financial Technologies, Economics, and Logistics” Department Bukhara University of Innovations

Keywords:

social investments, ESG, public-private partnership (PPP), environmental sustainability, social responsibility, corporate governance, innovative development

Abstract

This article analyzes the significance of assessing social investments in Uzbekistan through the lens of ESG (Environmental, Social, Governance) principles under public-private partnership (PPP) arrangements. It highlights that integrating ESG approaches into PPP projects—emphasizing social, environmental, and governance aspects—can enhance the sustainability and effectiveness of social investments. The paper offers practical recommendations focused on contract transparency, equitable risk allocation, and improving service quality. Furthermore, it underscores the importance of continued empirical research and the development of project evaluation frameworks based on international ESG ratings and standards.

References

Law of the Republic of Uzbekistan “On Public-Private Partnership.” Tashkent, 2019.

World Bank. PPP Projects in Emerging Markets: Challenges and Opportunities. Washington, D.C.: World Bank Publications, 2021.

Global Reporting Initiative (GRI). Consolidated Set of GRI Sustainability Reporting Standards. GRI, 2021.

PwC. ESG and PPPs: A Framework for Sustainable Infrastructure. PwC Publications, 2020.

Deloitte. The Social and Environmental Impact of PPP Projects in Developing Economies. Deloitte Insights, 2021.

Asian Development Bank (ADB). Uzbekistan: Country Partnership Strategy and PPP Prospects. ADB, 2022.

Serchuk, A. “Green PPP: The Next Frontier for Sustainable Investment.” Harvard Business Review 2018, pp. 21–27.

Ministry of Finance of the Republic of Uzbekistan. PPP Monitoring and Reports. Tashkent, 2022.

State Committee on Statistics. Socio-economic Development of Uzbekistan: A Statistical Compendium. 2022.

IFC (International Finance Corporation). Guidelines for Public-Private Partnerships in Emerging Markets. IFC Publications, 2021.

EBRD. Transition Report: The State of PPPs in Central Asia. European Bank for Reconstruction and Development, 2020.

SASB (Sustainability Accounting Standards Board). Conceptual Framework & Standards. SASB, 2018.

Hodge, G. & Greve, C. “On Public–Private Partnership Performance.” Public Administration Review, 77(4), 2017, pp. 460–472.

Published

2025-04-03

How to Cite

Djumayeva Sanobar Kenjayevna. (2025). SOCIAL INVESTMENTS AND THE DEVELOPMENT DIRECTIONS OF PUBLIC-PRIVATE PARTNERSHIP WITHIN THE FRAMEWORK OF ESG PRINCIPLES. Ethiopian International Journal of Multidisciplinary Research, 12(03), 426–431. Retrieved from https://eijmr.org/index.php/eijmr/article/view/2815