According to the bank website:
"The proposed sector development program, through investment and policy support, will help strengthen the security of Georgia's electricity grid, improve the regulatory framework, and pave the way for greater private sector participation in the development of renewable energy including wind, solar, and green hydrogen. The program will be aligned with the following impacts: (i) financial sustainability and performance of energy sector improved ; and (ii) greenhouse gas emissions in the energy generation and transmission sector reduced by 15% below the reference scenario projection by 2030."
Central and West Asia Department
Project contacts not available at the time of disclosure.
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