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Water resource management reform: current situation and expectations
31 May 2023

In Georgia, a new law on “Water Resources Management" has been drafted, which involves significant and complex legislative changes. The country will have a new, unified system of managing water resources based on international approaches after the proposed law is implemented, satisfying the requirements set forth in the Association Agreement (AA) concluded with the European Union (EU).

Regulatory impact assessment of the draft law on food loss and waste
31 March 2023

Food loss and waste (FLW) management and administration is a multidimensional concept, one which encompasses prevention and waste management during food production; post-harvest activities and practices; food safety and hygiene; labeling and date indication; as well as official control and taxation (VAT, income tax, profit tax).

Regulatory impact assessment of the draft law on food loss and waste
11 November 2021

Food Loss and Waste (FLW) is one of the critical issues related to waste management in Georgia. A large amount of food still suitable for human consumption is wasted by Food Business Operators (FBOs) and large food retailers in particular due to the packaging or quality issues, expiration date, excess supply and consumption habits, which results in significant economic losses for these FBOs.

Managing Organic Waste Optimally – the Current Trends and Potential Solutions for Georgia
07 June 2021

As waste accumulation keeps expanding, it increasingly poses a serious threat to human health and the environment. Waste can be the source of many diseases, it emits large amounts of methane (a potent greenhouse gas), and exacerbates global warming. According to World Bank estimates, without urgent intervention, the current levels of global waste will increase by 70% by 2050.

Mortgage Subsidy – Encouraging Borrowing in the Midst of a Crisis
30 June 2020

On 28 May, Georgia announced its fourth anti-crisis plan, in which the government will subsidize 4 percent of the interest rate of mortgage loans for five years. The subsidy will be issued for loans not exceeding 200,000 GEL and will only apply to those taking mortgages for the purchase of residential apartments that are newly built or under construction, from 1 June 2020 to 1 January 2021. The state will also ensure the completion of ongoing construction.

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