Channels of finance for climate action in Georgia

This chapter takes stock of existing financial channels available for a range of climate action in Georgia. These channels include the central and municipal governments, which invested directly in infrastructure and risk mitigation instruments. State-owned enterprises, sovereign equity funds, domestic commercial banks and other types of Georgian financial institutions have also provided finance. Bilateral and multilateral donors provide development finance as well. Finally, the chapter explores new financial channels for green finance that may be used for Georgia’s climate action in future. Green bonds, for example, are attracting more interest.