The concept of a green economy has gained significant
attention, aiming to achieve sustainable development without
environmental harm. This study examines Kazakhstan's
transition to a green economy, focusing on indicators such as
green innovation, investment in environmental protection, and
green taxes. Despite Kazakhstan's commitment to a carbonneutral economy by 2060, significant challenges were
identified. The methodology involved three steps: descriptive
analysis of green economy indicators for 2016–2022,
correlation analysis to identify significant relationships, and
trend forecasting for 2023–2025 using a linear regression
model. This approach provided a thorough examination of the
green economy's current state and future projections. Over the
study period, the number of organizations engaged in
environmental innovation and their activity levels have
decreased. Investments in environmental protection showed
initial growth, but declined in recent years. Conversely, there
has been an increase in environmental taxes, reflecting the
government’s focus on tax instruments to promote sustainable
development. Correlation analysis revealed complex
interdependencies, indicating that higher investments and taxes
are often associated with lower levels of green innovation
activity. Projections for 2023-2025 suggest a further decline in
green innovation indicators unless significant policy measures
are taken. The study underscores the need for a balanced
approach that encourages green innovation while maintaining
robust investment and tax bases.
