The shift towards a sustainable green economy is crucial for development, particularly in light of climate change and its repercussions. Developing nations, marked by distinctive challenges and prospects, play a pivotal role in driving this transition. This paper explores the available financial mechanisms aimed at cultivating a green economy within these countries, placing special emphasis on Uzbekistan. Through an in-depth review of literature and analysis, we pinpoint optimal practices and offer recommendations to guide Uzbekistan on its path towards a sustainable future.