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Analysis of the Impact of Green Projects on the Gross Domestic Product of the Kyrgyz Republic

https://doi.org/10.34020/2073-6495-2025-2-048-061

Abstract

This article examines the impact of green projects on the Gross Domestic Product (GDP) of the Kyrgyz Republic using correlation-regression analysis. Based on GDP data for 2010–2024, the volume of green loans, investments in fixed capital aimed at environmental protection, state budget expenditures on environmental protection, corporate expenditures on environmental measures, and the share of fixed capital investments dedicated to environmental protection, a mathematical model has been developed. A forecast of GDP dynamics up to 2035 was constructed, demonstrating stable economic growth under conditions of continued development of green initiatives. The findings underscore the importance of sustainable financing for Kyrgyzstan’s long-term economic development, as well as the necessity for governmental support and the attraction of private investments.

About the Authors

A. T. Kadyraliev
Kyrgyz Economic University of named Musa Ryskulbekov
Kyrgyzstan

Kadyraliev Almaz T. – Doctor of Economics, Associate Professor, Rector

Bishkek



B. Askarbekov
Kyrgyz Economic University of named Musa Ryskulbekov
Kyrgyzstan

Askarbekov Bakytbek – Doctoral candidate (PhD), Higher School of Master’s and PhD programs

Bishkek



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Review

For citations:


Kadyraliev A.T., Askarbekov B. Analysis of the Impact of Green Projects on the Gross Domestic Product of the Kyrgyz Republic. Vestnik NSUEM. 2025;(2):48–61. (In Russ.) https://doi.org/10.34020/2073-6495-2025-2-048-061



ISSN 2073-6495 (Print)