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ESG

Waste Management: From Problems to Solutions

In today’s world, the issue of waste is becoming increasingly urgent — both environmentally and socio-economically. According to the World Bank, by 2050 the annual volume of municipal solid waste could reach 3.4 billion tons, while even now about one-third of waste in many countries is managed inefficiently (incineration, open dumping, illegal landfills). The consequences of improper waste handling — soil and water pollution, methane emissions, and risks to human health — are becoming a serious barrier to sustainable development in many regions.

Urban Greening as a Way to Reduce Temperature Under Climate Change

Cities warm up faster than surrounding rural areas — a phenomenon known as the urban heat island effect. In the context of global warming, the increasing frequency and intensity of heatwaves pose a critical risk to public health and urban infrastructure. In densely built-up areas, most surfaces are covered with asphalt, concrete, and other dark materials with low albedo (a measure of how well a surface reflects sunlight). These materials absorb solar radiation and retain heat for long periods, unlike soil or vegetation, where a significant portion of energy is used for water evaporation. Moreover, the high density of buildings and narrow streets creates so-called “heat canyons,” where heat is trapped and air circulation is limited.

According to a study based on satellite imagery and land cover maps analyzed in ArcGIS, impervious surfaces in Tashkent occupy about 78% of the city’s total area (Fig. 1). This means that nearly four-fifths of the urban territory absorbs solar radiation instead of reflecting it back into the atmosphere. As a result, nighttime temperatures in these zones remain significantly higher than in suburban or green areas.

The low albedo of built-up zones causes most of the solar energy to accumulate within the urban environment, intensifying air overheating and forming stable pockets of elevated temperature. This, in turn, increases the demand for air conditioning, energy consumption, and reduces overall living comfort — especially under accelerating global warming.

Urban greening is among the most accessible nature-based solutions for mitigating urban overheating. It provides not only localized cooling but also ecological and social benefits.

The impact of urbanization on the environment and ways to mitigate it

Urbanization is one of the key phenomena of our time, shaping new social, economic, and environmental realities. More than half of the world's population already lives in cities, and according to UN projections, this share will reach 68% by 2050. Cities have become centers of progress, sources of innovation, and places of attraction for millions of people. But at the same time, it is in cities that the main environmental challenges are concentrated, on which the sustainable development of countries and regions depends.

The history of cities goes back thousands of years: the first large settlements appeared in the Nile Valley and Mesopotamia about 5,000 years ago. At that time, cities served as residences for rulers, religious centers, and fortresses. Today, they have become complex systems that affect the life of the planet as a whole. Whereas urbanization was once seen as a natural stage of progress, today humanity is faced with the question: how can this process be made manageable and environmentally safe?

Development of Women’s Entrepreneurship in Uzbekistan in the Context of Modern IT Progress

Women’s entrepreneurship is a key factor in transforming the global economy. Closing the gender gap in business could add tens of trillions of dollars to global GDP. According to the Global Entrepreneurship Monitor (GEM), 2024 marked steady growth in women’s business activity: the share of women engaged in launching new startups (TEA) increased from 6.1% in 2001–2005 to 10.4% in 2021–2023. Moreover, about one-third of high-growth startups and nearly 40% of export-oriented enterprises are led by women, underscoring their role in fostering innovation and expanding markets. The World Bank estimates that equal access for women to economic opportunities could raise national economic growth rates by 20% or more.

Carbon credits.

In the face of growing climate challenges, countries around the world are seeking to implement mechanisms to reduce greenhouse gas emissions and promote environmentally sustainable development. One such tool is carbon credits, a market- based mechanism that allows governments and companies to offset their emissions by financing or implementing projects that reduce or sequester carbon. These projects may include planting forests, introducing energy-efficient technologies, switching to renewable energy sources, restoring degraded land and other measures.

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