CURRENT PROJECT
Georgia Business Enabling Environment Project
Georgia Corporate Governance Project
Georgia Energy Efficiency Survey Project
COMPLETED PROJECTS
CURRENT PROJECT
Georgia Energy Efficiency Survey Project
2008 – Current time
Supported with funds from the Austrian Technical Assistance Trust Fund and IFC
The main goal of the project is to assess the current market for energy efficiency financing in Georgia and to raise awareness among local financial institutions, small and medium enterprises (SMEs), and policy makers about existing opportunities for energy efficiency financing in the country. Similar surveys have been conducted in Russia, Ukraine, Azerbaijan, Armenia, and Belarus.
By identifying best practices in SME energy efficiency and finance, the survey will also provide benchmarks with other countries and might lead to a more comprehensive program to increase energy efficiency in Georgia and the region.
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Georgia Business Enabling Environment Project
http://www.ifc.org/georgia/bee
2006 - present
Supported with funds from the Canadian International Development Agency (CIDA), BP and its Oil and Gas Partners, and IFC
The project aims to improve the business enabling environment in Georgia by reducing administrative barriers to running and operating small businesses. The project focuses on streamlining the process of inspections and issuance of business permits / licenses. It also works on introducing elements of the regulatory impact assessment, a strategic tool for regulatory management and reform that will enable the government to systematically assess the negative and positive impacts of proposed and existing regulations.
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Georgia Corporate Governance Project
http://www.ifc.org/gcgp
2006 - present
Supported with funds from the Canadian International Development Agency (CIDA) and BP and its Oil and Gas Partners
The project works to improve the corporate governance practices of Georgian joint stock companies and banks, thereby helping them to operate more effectively and allowing them easier access to capital. The project also advises on improvements in the legislative framework regulating corporate governance in Georgia, and increases public awareness of corporate governance issues. First phase of the project was sponsored by the Canadian International Development Agency and ran through 2003-2005. The current phase of the project was officially launched in April 2007.
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