Mobilising Finance for Climate Action in Georgia
This report discusses key issues surrounding finance mobilisation for achieving Georgia’s climate change and green growth targets, and new investment opportunities for developing its capital market. The report focuses particularly on finance for climate change mitigation from various sources – private and public, national and international – but remains relevant for other issues around the country’s green growth agenda, such as energy productivity, air pollution prevention, climate change adaptation, better waste management, conservation of natural resources, and the technologies and innovations that help tackle these issues.
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Mobilising finance for climate action in Georgia: Assessment and recommendations
This chapter describes challenges and opportunities regarding further mobilising finance for climate action in Georgia, based on analysis in subsequent chapters. It examines investment needs for climate action vs. potential and available sources of finance, recognising that climate action should benefit both the environment and the economy. It highlights the importance of coherence among several strategic policy documents on climate change and green growth. It also assesses creating demand for financing climate action through enhanced policies and regulations. Finally, it examines development of the financial market and other enabling conditions conducive to further mobilisation of finance for climate action in the country.
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