世界银行-佐治亚州的绿化公司（英）-2023.10-34页_5mb

Overview

The World Bank report highlights the urgent need for Georgia to accelerate its transition to a greener economy, driven by rapidly growing GHG emissions despite lagging behind regional peers in energy efficiency.

Key Findings

• Georgia's GHG emissions are growing faster than required to meet its NDCs, threatening competitiveness and climate resilience.
• Key barriers include:
  • Low energy prices due to subsidies (ranking among EU and regional highest)
  • Inefficient technologies and outdated regulatory frameworks
  • Inadequate information access for businesses
  • Slow convergence to EU-level regulatory compliance
• Large efficiency gaps exist between similar-sized firms within sectors

Recommendations

Priority Actions:

1. Remove Energy Subsidies & Improve Framework

   • Eliminate feed-in tariffs (especially for electricity distribution)
   • Align institutional & regulatory frameworks with EU standards
   • Adjust energy/CO₂ prices to reflect external costs

2. Targeted Sectoral Approaches:
   Prioritize sectors with high savings potential:

   • Construction (33% savings projected)
   • Basic metals
   • Food & beverage
   • Transport services

3. Conducive Business Environment:

   • Establish comprehensive diagnostic tools (Energy Consumption Assessments)
   • Develop blended finance and green debt instruments
   • Facilitate access to appropriate energy-efficient technologies

Implementation Phasing:

Key Metrics to Track:

• Energy intensity reduction
• CO₂ emission trajectory alignment with EU
• FDI attracting capacity
• Technology diffusion rates

The analysis suggests that implementing a modular portfolio approach with targeted support mechanisms can significantly enhance Georgia's green transformation, aligning with EU best practices while accounting for context-specific requirements.