Economic Growth for Sustainable Development: The COVID-19 Pandemic and Tax Instruments

Kurbanova, Karlygash; Zhumadilova, Tolkyn; Annakuliyeva, Gulnara Annakuliyeva

doi:10.5220/0010587201300137

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“…Some researchers, such as Kurbanova K. et al (2021) and Nurgaliyeva A. et al (2022), argue that in the current phase, the government must ensure the collection of taxes resulting from changes in business practices and financial transactions (Kurbanova et al, 2021;Nurgaliyeva et al, 2022). They assert that adopting environmental, social, and governance principles is aimed at supporting countries in meeting their obligations under the Paris Climate Agreement and achieving the United Nations' Sustainable Development Goals.…”

Section: Literature Reviewmentioning

confidence: 99%

The Digital Future of Financial Instruments in Advancing the Green Economy of the Republic of Kazakhstan

Kurbanova

2024

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Digitalization provides innovative tools and solutions that contribute to the sustainable development of the green economy. The authors reviewed scientific articles on the digitalization of financial instruments focused on "environmental, social and corporate governance" criteria for assessing companies' sustainability and social responsibility (ESG). The article studies the capacity and needs of green finance in Central Asia and Kazakhstan.The study concludes that the development of sustainable green finances in Kazakhstan corresponds to the goals of the Central Asian region. This study indicates the relevance and necessity of creating a Unified Green Finance Center, which would contribute to the coordination of efforts and resources of the area in environmentally sustainable development. Financial ecosystems using national banks' digital currencies, digital assets, and smart contracts can change the region's economic system and the architecture of green finance. This study also examines the digitalization of financial instruments, focusing on ESG criteria for assessing sustainability and social responsibility. Additionally, integrating digital currencies, digital assets, and smart contracts can reshape the region's financial system and architecture of green finance, further advancing sustainable development objectives.The study establishes the relevance of sustainable green finances in Kazakhstan, proposing a Unified Green Finance Center to coordinate regional efforts, utilizing digital currencies, assets, and smart contracts to reshape financial systems and advance sustainable development goals.

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Section: Literature Reviewmentioning

confidence: 99%

The Digital Future of Financial Instruments in Advancing the Green Economy of the Republic of Kazakhstan

Kurbanova

2024

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Economic Growth for Sustainable Development: The COVID-19 Pandemic and Tax Instruments

Cited by 1 publication

References 0 publications

The Digital Future of Financial Instruments in Advancing the Green Economy of the Republic of Kazakhstan

The Digital Future of Financial Instruments in Advancing the Green Economy of the Republic of Kazakhstan

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