Hazelnuts are one of Georgia’s top ten export commodities. During 2010-2020, hazelnuts accounted for around 4.4% of Georgia’s total exports (GeoStat, 2021). In 2013, the quantity of exported hazelnuts hit its maximum level at 30 ths tons, then decreased to 19 ths tons in the following years with an increase in the value indicating higher prices per exported kg of Georgian hazelnuts. In 2016, the quantity of exported hazelnuts amounted to 27 ths tons, which was the second highest indicator in the observed years (2010-2020) (Figure 1).
Considering the significance of a green post-COVID recovery, alongside the importance of maintaining an ecological diverse economy, ISET Policy Institute has spent almost two years developing its Climate Policy Analysis Model. The model, funded by the Swedish International Cooperation Agency (Sida), helps to highlight the climate change adaptation and mitigation agendas, which are ultimately vital for Georgia’s overall economic development and growth.
In the third and the fourth quarters of 2020, Georgian power plants generated 2,958 mln. and 2,594 mln. kWh of electricity, respectively. This represents a 9.6% decrease and 2.4% increase in total generation compared to the corresponding periods of the previous year.
The World Bank (June 2021) estimates that global GDP growth will reach 5.6% year over year (y/y) in 2021. Though thus rebound is uneven, with growth concentrated mainly in advanced economies and developing countries set for a slower recovery.
Hosted and moderated by ISET Policy Institute’s Salome Gelashvili, Acting Head of the Agricultural and Rural Development Policy Research Center, the German Sparkassenstiftung Southern Caucasus and Ukraine (DSIK) have recently developed a presentation looking into their Climate Risk Pattern Analysis in Georgia.