13
December
2017
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.
12
December
2017
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.
09
December
2017
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).
30
November
2017
In November 2017, Georgian power plants generated 968 mln. KWh of electricity. This corresponds to a 3% decrease in total generation, compared to the previous year (in 2017, total generation in November was 998 mln. kWh). The decline in generation on a yearly basis comes from a decline in thermal power generation.
21
November
2017
Based on a report prepared by international auditors, DQS GmbH issued a three-year quality management Certificate of Conformity with ISO 9001:2015 standard requirements, which focus on improving business management and system performance.