Currently, the Georgian agricultural sector is characterized by relatively low productivity (by international standards) and its contribution to the GDP of the country is much lower than what it could be, considering that 45%1 of the Georgian labor force is currently employed in agriculture.

The Government of Georgia (GoG) intends to create a national agricultural insurance program to achieve the following objectives: (i) developing the agricultural insurance market in Georgia; (ii) supporting agricultural production and increasing the competitiveness of farmers; and (iii) supporting the income of people involved in agricultural activities and minimizing their risks.

On November 12th, President of ISET and ISET-PI, Eric Livny moderated a panel discussion on “Competing Water Needs” organized by the USAID policy-advocacy project Governing for Growth in Georgia (G4G). Representatives of all water-using sectors were invited to participate. The discussion included the viewpoints of stakeholders in the agriculture, environment, and energy sectors.

The ISET Policy Institute is a founding member of the Economic Policy Advocacy Coalition (EPAC), supported by USAID’s Governing for Growth (G4G) project. This initiative seeks to support the creation of an enabling business environment through public and private dialogues.

APRC conducted a Regulatory Impact Assessment (RIA) on insurance reform in Georgia and provided recommendations on policy options for developing a sustainable agricultural insurance market in the country.