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United Nations Development Programme

Georgia pledges to a low-emission future

2 mins read

The FINANCIAL — Georgia’s national path to achieving a climate-proof and economically and socially prosperous future was discussed last week at a workshop organised by the European Union (EU) and the United Nations Development Programme (UNDP) in partnership with the Ministry of Environmental Protection and Agriculture and the Regional Environmental Center for the Caucasus (RECC).   Aiming to push forward the process of creating a national strategy for low-emission development, the participants focused on the long-term vision of reforms needed to accelerate economic growth while limiting greenhouse gas (GHG) emissions and boosting investments in low-carbon technologies. They also discussed concrete…

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Georgia pledges to a low-emission future

2 mins read

The FINANCIAL — Georgia’s national path to achieving a climate-proof and economically and socially prosperous future was discussed last week at a workshop organised by the European Union (EU) and the United Nations Development Programme (UNDP) in partnership with the Ministry of Environmental Protection and Agriculture and the Regional Environmental Center for the Caucasus (RECC).…

ICC supports The Lion’s Share Fund to protect threatened wildlife

3 mins read

The FINANCIAL — The International Chamber of Commerce (ICC) will help advance the aims of The Lion’s Share Fund, an initiative co-founded by the United Nations Development Programme (UNDP), to encourage greater private sector investment in biodiversity conservation. In recognition of the interdependency of people and nature, ICC is supporting The Lion’s Share Fund, to reverse…

Georgia marked ten years of progress in arbitration

2 mins read

The FINANCIAL — Since the adoption of a model legal framework ten years ago, Georgia has set the precedents and trained the skilled cadre needed to make arbitration a viable means for commercial dispute resolution. The challenge now is to win the confidence of the business sector. These were the conclusions of a discussion organised…

UNDP and EIB increase cooperation to help governments overcome the global crisis

2 mins read

The FINANCIAL — The European Investment Bank (EIB) and the United Nations Development Programme (UNDP) have signed a new partnership agreement to scale up their support to countries facing situations of emergency caused by epidemics, natural disasters, conflict and other types of fragility.  This agreement will enable both institutions to reinforce the resilience of partner…

EBRD will issue a loan to help GOGC refinance a $250 Mln Eurobond

2 mins read

The FINANCIAL — Tthe European Bank for Reconstruction and Development (EBRD) announced that it will issue an unsecured loan of EUR 217 million to help the Georgian Oil and Gas Corporation (GOGC) refinance a USD 250 million corporate Eurobond. The Bank will assist in the design and implementation of a gas exchange in Georgia. The…

Georgia to produce green hydrogen and manage e-waste

3 mins read

The FINANCIAL — Extended Producer Responsibility in managing electronic waste was discussed on September 21 at an online conference convened by the UNDP and the Government of Sweden in cooperation with the Ministry of Environmental Protection and Agriculture of Georgia. Representatives discussed the challenges and benefits associated with sustainable waste management, the legal framework needed…