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 is continuing its student policy seminar series. This time, Giorgi Ninua, Mariam Tsulukidze, Mariam Lobjanidze, and Yana Hovhannisyan presented their research results under the supervision of Norberto Pignatti, a member of ISET’s resident faculty and the head of the Energy and Environment Policy Research Center at the ISET Policy Institute.
Over the past months, we have been asked several times questions about the upcoming pension reform. Here are some answers.
The Khachapuri Index continued its upward trend in November 2017, with the average cost of cooking one standard Imeretian Khachapuri reaching 3.70 GEL. This is 1.8% higher month-on-month (compared to October 2017), and 7.1% higher year-on-year (compared to November 2016).
In October 2017, Georgian power plants generated 828 mln. KWh of electricity, marginally up (+0.79%) compared to September. Following the traditional seasonal pattern, the share of electricity produced by renewable sources declined to 71% of total generation (87% in September), while thermal power generation’s share increased, accounting for 29% of total generation (compared to 13% in September).