The Government of Georgia (GoG) intends to create a national agricultural insurance program to achieve the following objectives: (i) developing the agricultural insurance market in Georgia; (ii) supporting agricultural production and increasing the competitiveness of farmers; and (iii) supporting the income of people involved in agricultural activities and minimizing their risks.

On November 5th, 2015 APRC at ISET Policy Institute presented the final results of a study called Regulatory Impact Assessment on crop insurance in Georgia. The goal of the workshop was to present and discuss the final results of RIA which was conducted by the APRC team from June to October 2015.

Agricultural Policy Research Center and Energy and Environment Policy Research Center are working on a Regulatory Impact Assessment (RIA) on draft Law on Irrigation/Drainage and methodology for irrigation/drainage tariff calculation in Georgia. Report will make recommendations on different policy options for developing an efficient system of Irrigation and Drainage services in the country.

On October 8, ISET hosted Andreja Marusic, the World Bank’s Global Lead for Business Environment. Ms. Marusic delivered a presentation “Doing Business and Beyond”. The presentation covered a general overview and current international practices in business environment reforms as well as the important systemic issues of moving from ad-hoc business environment reforms (such as the Doing Business indicators centric reforms) to a more sustainable approach, including a focus on predictability, transparency, public consultation, and Regulatory Impact Assessment.

APRC conducted a Regulatory Impact Assessment (RIA) on insurance reform in Georgia and provided recommendations on policy options for developing a sustainable agricultural insurance market in the country.