The Russian invasion of Ukraine, as well as the global pandemic, have diverted the world’s attention and in general, put climate change and the green economy onto the back burner of the political agenda.

During the Russia-Ukraine the EU has become a clear example of how substantial reliance on a single country to satisfy energy needs can threaten nations’ economic development, and how challenging the task of achieving energy security is while substantially depending on a single country in key energy products.

Both Russia and Ukraine are among the top five export destinations for Georgia. Ukraine accounted for 9.5 per cent of Georgia's exports in January 2022, while Russia accounted for 12.9 per cent (prior to the Russian invasion of Ukraine on 24 February 2022).

On June 2, 2022, the International School of Economics at TSU alongside the ISET Policy Institute signed a Memorandum of Understanding with the Georgian Center for Strategy and Development (GCSD).

The study was to determine an optimal minimum wage for workers in Georgia, and resulted in a recommended range of 250-350GEL per month, albeit referencing numerous factors that need to be considered.