Taking Stock Of Greening In The Georgian Financial System
18-Jul-2024
Green finance holds great importance today when it comes to combating climate change and achieving sustainability goals by directing investments towards environmentally friendly projects. This approach promotes energy efficiency, clean transportation, and sustainable agriculture, while also mitigating greenhouse gas emissions and fostering economic growth. Ultimately, by integrating environmental considerations into financial decisions, green finance ensures a more sustainable and resilient global economy.
Critical Infrastructure Security and Resilience in Georgia: State of Play and Future Prospects
16-Apr-2024
In an era where critical infrastructure security and resilience (CISR) has become paramount to national security, economic stability, and public safety, nations are increasingly recognizing the importance of bolstering their protective measures and governance models. Georgia stands on the cusp of a significant reform, aimed at enhancing its critical infrastructure security and resilience. This policy paper presents an initial analysis of Georgia’s current critical infrastructure protection (CIP) landscape as well as insights from the governance models of two EU Member States, and sets out a potential path forward that could serve to safeguard Georgia’s infrastructural assets and align its policies with global best practices.
NTFP Value Chain Analysis in Guria, Mtskheta-Mtianeti, and Kakheti
02-Apr-2024
Currently, the potential of the economic value of Non-Timber Forest Products (NTFPs) largely goes unnoticed in official statistics and research publications despite NTFPs being important natural resources that support sustainable bioeconomy value chains, green jobs, alleviation of poverty, and economic and social development. The purpose of the assessment is to overview the existing literature on NTFPs, select the priority NTFPs and provide additional insights regarding the NTFP value chain in Georgia, with an additional focus on target regions.
Despite the data limitations, the analysis shows the increasing global demand for NTFPs and the potential for the development of NTFP sectors in Georgia. On the other hand, the NTFP value chain in target regions (Mtskheta-Mtianeti, Guria, and Kakheti) has further potential for development considering the abundance of selected organic wild NTFP products on their territories. However, issues like the lack of labor force, lack of knowledge on sustainable harvesting and product diversification, and the number and capacity of the processing enterprises create hindrances to the development of the value chain and higher inclusion of local vulnerable groups with an aim to improve the general socio-economic situation in rural areas.
This document has been prepared by PMC Research within the framework of the project “Enabling the Implementation of Georgia's Forest Sector Reform - ECO.Georgia”, funded by the Green Climate Fund (GCF), the German Federal Ministry for Economic Cooperation and Development (BMZ), the Swiss Agency for Development Cooperation (SDC) and the Government of Georgia (GoG) and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Ministry of Environmental Protection and Agriculture of Georgia (MEPA), through its subordinated agencies and the Ministry of Economy and Sustainable Development of Georgia (MoESD).