Aligning broader enabling conditions for investments with Georgia's climate action

Scaling up finance for climate action in Georgia requires a broader set of conditions that enable further finance to flow to achieve the country’s long-term goals. This chapter reviews a range of policies that directly or indirectly influence investment conditions to mobilise such finance in Georgia. It examines enabling conditions on the following areas: financial market design provision of risk mitigation instruments public funding entities, and competition (especially in the electricity sector). The chapter also briefly discusses gaps in information, awareness and capacity, and potential options to bridge them. Filling these gaps is also an important enabling condition on both demand and supply sides of finance.