Authors - Dilobаr Isomjonovnа Ruzieva, Gulasal Madrakhimova, Shirin Akmalovna Zakirxodjayeva, Gavkhar Jumanova, Dilshoda Akramova, Akromjon Rustamovich Gulamov, Ogabek Sadullayev Abstract - This research evaluates the impact of the 2024 green bond issuance by Agrobank ($455 million total) on agricultural productivity and climate resilience in Uzbekistan. Utilizing a quantitative approach, the study analyzes the 2025 Green Bonds Allocation and Impact Report and performance metrics from over 19,000 sub-loans distributed across the Republic's agricultural regions. Findings indicate that the $357.8 million allocated to climate-smart technologies as of late 2025 resulted in annual water savings of 1.003 billion m^3 and an energy reduction of 349 GWh, directly correlating with a 20–30% increase in net farmer income. The data demonstrates that green-financed drip irrigation systems significantly mitigate the risks of water scarcity while lowering operational costs through reduced fertilizer and electricity usage. The study concludes that green bonds are an effective mechanism for modernizing Uzbekistan's agricultural sector and recommends further expansion of green credit lines to achieve the "Green Economy 2030" targets.
