
In recent times, the world has experienced an exponential increase in solar-powered generating capacity, especially in emerging markets such as China and India. The reasons for this rapid development exist due to low-priced equipment and improved technologies now reaching millions of people. As reported by Bloomberg New Energy Finance, solar capacity grew by 54% year-on-year, and over a three-year period, it has more than tripled.

Perhaps as an early Christmas gift to the international community rooting for a cross-sectoral solution on combatting climate change, HSBC has announced its commitment to establish the world’s first bond. As explained by HSBC themselves, the bond is closely linked to the UN’s Sustainable Development Goals (SDG). Following seven selected SDG targets, HSBC will fund 1 billion USD through the bond and thus financially support projects set out to increase the sustainable well-being of communities and the environment.

ISET has earned a reputation of academic excellence, and all those who walked through the institute’s doors as students and left as graduates have either found meaningful employment or gone on to study abroad at some of the world’s best universities. Yet aside from educating its students in the technicalities and intricacies of economics, ISET also endeavors to instill values and standards amongst its students.

Forest fires pose a threat to human life and property. As we discussed in a previous article, most countries throughout the world, Georgia included, suffered from an unusually high number of forest fires during the summer of 2017. In Georgia, this topic was the subject of a spirited public debate about whether these fires were wild or man-made. In our previous article we discussed how natural causes generate wild forest fires.

Gigla Mikautadze, the manager of ISET’s “ReforMeter” project, was invited by the International Monetary Fund to the annual meetings of the World Bank Group and the IMF which took a place in Washington D.C. October 9-14. The participants of the event discussed the current trends in the global economy, government policies, and strategies for poverty reduction.