Abbreviations and acronyms

AA

Association Agreement

APMA

Agricultural Projects Management Agency

BAU

Business as usual

BoG

Bank of Georgia

CAR

Capital adequacy ratio

CGS

Credit guarantee scheme

COP

Conference of the Parties under the UNFCCC

DCFTA

Deep and Comprehensive Free Trade Area

EaP

EU Eastern Partnership

EaP GREEN

EU-supported “Greening Economies in the European Union’s Eastern Neighbourhood” Project

EBRD

European Bank for Reconstruction and Development

EC

European Commission

EDA/Enterprise Georgia

Georgian Enterprise Development Agency

EE

Energy efficiency

EIB

European Investment Bank

EU

European Union

FC

Foreign currency

FDI

Foreign direct investment

FI

(Local) financing institution

FTSE

Financial Times and Stock Exchange (index)

GCCI

Georgian Chamber of Commerce and Industry

GCPF

Global Climate Partnership Fund

GDP

Gross domestic product

GEL

Georgian Lari (national currency)

GGF

Green for Growth Fund

GHG

Greenhouse gas

GITA

Georgia’s Innovation and Technology Agency

GIZ

Deutsche Gesellschaft für Internationale Zusammenarbeit (German Development Co-operation)

GoG

Government of Georgia

IFC

International Finance Corporation

IFI

International financial institution

KfW

Kreditanstalt für Wiederaufbau, German government-owned development bank

LEDS

Low-emission development strategy

LULUCF

Land use, land-use change and forestry

MESD

Ministry of Economy and Sustainable Development

MFOs

Microfinance organisations

NAMA

Nationally Appropriate Mitigation Action

NAP

National Adaptation Plan

NATO

North Atlantic Treaty Organization

NBG

National Bank of Georgia

NDC

Nationally Determined Contribution

NEEAP

National Energy Efficiency Action Plan

NPL

Non-performing loan

OECD

Organisation for Economic Co-operation and Development

OeEB

Development Bank of Austria

RE

Renewable energy

RIA

Regulatory Impact Assessment

RoE

Return on equity

SBA

Small Business Act for Europe

SEAP

Sustainable Energy Action Plans

SHP

Small hydropower

SME

Small and medium-sized enterprise

UNDP

United Nations Development Programme

UNFCCC

United Nations Framework Convention on Climate Change

UNIDO

United Nations Industrial Development Organization

VAT

Value added tax

Measure units

CO₂

Carbon dioxide

MtCO₂e

Million tonnes of carbon dioxide equivalent

MW

Megawatt

MWh

Megawatt hour

tCO₂

Tonne of carbon dioxide