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.

The Georgian government is currently working on the draft of a new Code on Spatial Planning and Construction, with the aim of increasing the safety of new constructions while consolidating the great achievements obtained in terms of effectiveness in the delivery of construction permits.

The objective of the project was to produce a pilot RIA on the draft Code on Spatial Planning and Construction in order for the regulators to make an informed decision.The project included a training phase to build the capacity of ISET Policy Institute (and two other Georgian organizations) to perform Regulatory Impact Assessment (RIA). The ISET-PI team performed a pilot RIA on the draft Spatial Planning and Construction code.

On 3-7 February 2014 a group of ISET-PI researchers was trained in Regulatory Impact Assessment (RIA). The main goal of implementing RIA is to ensure that the benefits of a regulation exceed its costs for society as a whole.

ISET-PI played a relatively minor role in this project, supporting a consortium consisting of Ecorys (Netherlands) and CASE (Poland). The study was commissioned by the European Commission (DG Trade). The Georgian component of the study identified considerable compliance costs related to the EU-required phyto and veterinary controls, reflected in higher prices for meat and meat products, and an increase in EU meat exports to Georgia. These findings were reported to the Georgian Prime Minister’s office and to the consortium members.