Biodiversity, as defined by the Convention of Biological Diversity (CDB), refers to “the variability among living organisms from all sources including, inter alia, terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species, and of ecosystems” (CDB). Generally, it refers to the diversity of ecosystems and the variety of life on Earth.

The increasing proportion of renewable energy in the world’s overall energy supply indicates the growing popularity of renewable energy globally. From 2010 to 2021, this percentage rose from 3.2% to 5.2%, while modern bioenergy increased from 5.7% to 6.7%.

Pollution is an existential threat to modern society, one which endangers both human and planetary health. It includes contaminating the air with ozone, sulfur, nitrogen-containing nitrous oxides, and delicate particulate matter (PM2.5). Reduction of air pollution is a key aspect of Green Growth, which, together with attaining the goals of the Paris Agreement, could save around a million lives a year worldwide by 2050 (Rijsberman, 2019).

Georgia is consistently performing very well in the World Bank’s “Doing Business” (DB) ranking 24th country globally in 2016: DB ranking is made up of several different indicators. Georgia only ranked 62nd for getting electricity (GE). GE indicator is a proxy for electricity supply quality to the business.

Although the mining sector of Georgia only accounts for a small share of GDP, around one quarter of Georgia’s total exports are related to mining activities. Increased use of Georgia’s natural resources thus has the potential to benefit the economic development of the country as well as to contribute to public finances.

ISET-PI analyzed the potential for Georgia to specialize in the production of several types of engineering goods: Insulated wire and cable; Pleasure and sport vessels; Cargo containers; Derricks, cranes, and straddle carriers.