Green Growth and Climate Financing in Georgia

Expert Workshop on International Climate Finance for the Countries of Eastern Europe, the Caucasus and Central Asia

11 July, 2016

Goal of the Government

Modernize economy of Georgia

and achieve sustainable development of the country

by elaboration and realization of

Green Economy/Green Growth Strategy

and Action Plan

Specific Objectives

Engineering a structural basis for the green economy “Greening” of existing industries and promotion of green industries Promotion of green technologies Promotion of economic tools for resource efficiency Building the green transportation infrastructure and promotion of green transport Promotion of green construction materials and green building certification Creation and advancement of new, green jobs Strengthening the capacity to adapt to climate change, etc.

Become a role-model for the ECA region as a green growth leader

Green Growth Policy Paper elaborated

Proposed Arrangements for Drafting Green Growth Strategy prepared

Progress towards Green Growth

Steps made towards OECD Green Growth Declaration

Response to Economic Development in Georgia

Determinant for Sustainability

New Business Opportunities and Initiatives

International Responsibility

Instrument to Achieve SDGs

Why Green Growth?

Further Actions

Finalization of Green Economy Policy Paper and approval by the Government

Elaboration of Green Economy Strategy 2030 Preparation of Green Economy Action Plan for 2017-2022 Implementation of Green Economy Action Plan Creation of enabling conditions for transition to green economy,

including institutional framework, regulations, incentives, legal infrastructure, carbon trading

Promotion of Green procurement Public awareness on Green Economy

Socio-economic Development Strategy of Georgia

“Georgia 2020”“Georgia 2020” aims to create foundations for long-term inclusive economic growth and sustainable development.

Integration of Climate Aspects in other Policy Areas

Strategy or Agricultural Development in Georgia 2015-2020Strategic Direction 3.7: Climate Change, Environment and Biodiversity

Regional Development Program and Action Plan 2015-2017

• Ambient Air protection;• Developing water supply and drainage system;• Waste management;• Implementation of new mechanisms to reduce

natural and anthropogenic hazards;

Climate Change Policy

NAP

EC-LEDSINDC

NAMA

INDC• Submitted

in 2015

• Preparation process to adapt to NDC

• Planned to ratify

LEDS• 8 SEAPS

• 8 Project Proposals

• Capacity building & technical assistance

• MARKAL update

• Planned to be finalized at the end 2016

NAMA

• on Energy Efficiency in Public Buildings

• on Energy Efficient Stoves and Solar Collectors

• on Biomass

• Concept for V-NAMA on transport

NAP• In

Cooperation with Ministry of Agriculture

• Design Stage

Transfer Environmenta

lly Sound Technologies

LOW CARBON ECONOMIC GROWTH

Low Emission Development Strategy

of Georgia (LEDS)

Development Eco-friendly Innovations inside the country Promoting

Energy Saving Measures

Development of Alternative

Energy Sources Access of

SMEs to Global

Environmental Funds

Goal: Georgian GHG Emission Reduction

Target by 15% (2021 – 2030)

Intended Nationally Determined

Contribution (INDC)

Readiness to Climate Finance Prepared draft proposal with support of GIZ

Initial screening of sectoral priorities for country programme

2 key areas: - Strengthening DNAs - Preparation of country program

Planned to develop project pipeline for GCF with support of GIZ

Thank you

Tamar AladashviliDeputy Head of Environmental Policy and International Relations DepartmentMinistry of Environment and Natural Resources Protection of GeorgiaE: s.kartsivadze@moe.gov.ge W: www.moe.gov.ge

Nino LazashviliHead of Sustainable Development Department Ministry of Economy and Sustainable Development of Georgia E: nlazashvili@economy.ge W: www.economy.ge