Historically, hazelnuts have been one of Georgia’s main crops in terms of economic value; as the country is located on the Black Sea coastal area, which has suitable soil and climate conditions for growing hazelnuts. Even as early as the fourth century B.C., populations grew wild forms of hazelnut, which later adapted to local conditions and formed regional varieties (GEONUTS, 2023).
ISET Policy Institute, in partnership with UNDP, has launched a new project, entitled "Developing RIA SME Test Methodology for Georgia", with the aim of strengthening the Government’s capacity to analyze policy impacts on SMEs by providing essential tools, knowledge, and practical experience.
In 2022, Georgian power plants generated 14,247 mln. kWh of electricity, record high generation for a single year. This represents a 13% increase in total generation, compared to the previous year (in 2021, total generation was 12,645 mln. kWh).
The "Local Economic Development (LED) in Georgia" project, implemented by a consortium led by HELVETAS and commissioned by the Swiss Agency for Development and Cooperation (SDC), aims to strengthen Georgian actors’ involvement in LED. Moreover, it incorporates an overarching objective “to contribute to increasing employment and income of rural women and men in their localities by enhancing effective collaboration among local and national actors (public, private, civil society) for the creation of new economic opportunities.”
The study examines challenges to Georgia’s economic and democratic development that accompany growing presence of Russian business ownership in the country; and seeks to heighten awareness among key stakeholders (i.e. government, civil society organizations, development partners) and the Georgian public regarding the associated risks and threats.