Innovation is not necessarily about Silicon Valley Hi-Tech startups. It can happen here and now. In particular, contrary to what we have been hearing from our liberal politicians, there is plenty of scope for innovation in Georgia’s agriculture!

Project aims to study the best international practices of food security data collection mechanisms and map and analyze the existing mechanisms in Armenia, Azerbaijan and Georgia in terms of food security data collection. ISET-PI team is expected to compare national data collection mechanisms with international practices, identify key gaps and challenges in measuring FS and provide specific recommendations for FS data collection in three countries.

On August 20, 2015, a strong hailstorm hit Georgia, devastating crops and infrastructure in eastern Kakheti. In Kvareli alone, the hailstorm destroyed about 1,300ha of Saperavi and 1,000ha of Rkatsiteli grapes, affecting more than 500 families. This was only one in a string of natural disasters striking Georgian farmers in recent years.

An average Georgian household spends more than 40% of its budget on food. It, therefore, stands to reason that Georgian consumers are quite sensitive to food prices, which may be very good news considering recent developments in global commodity markets. According to the latest World Bank’s Food Price Watch, “international food prices declined by 14% between August 2014 and May 2015, sliding into a five-year low.”

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.