
ISET Policy Institute developed an advanced quantitative model to simulate the potential impacts of energy and environmental policies on the Georgian economy, the Climate Policy Analysis (ICPA), and investigated the economy-wide implications of three alternative policy options (the introduction of differentiated – by sector – carbon taxes, sectoral emission standards, and uniform carbon tax), complying with the emission targets defined in Georgia’s Climate Strategy and Action Plan, to find out the most effective measures and their welfare effects.

ISET Policy Institute, with the financial support of the Norwegian Ministry of Foreign Affairs, is developing training sessions that will provide journalists and advanced journalism students with an introduction to the key concepts and core ideas from energy economics and environmental economics.

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.

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.

As waste accumulation keeps expanding, it increasingly poses a serious threat to human health and the environment. Waste can be the source of many diseases, it emits large amounts of methane (a potent greenhouse gas), and exacerbates global warming. According to World Bank estimates, without urgent intervention, the current levels of global waste will increase by 70% by 2050.