08 December 2024,   01:10
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Georgia is committed to accelerating the global energy transition and aims to achieve carbon neutrality by 2050 - Prime Minister

Georgia is committed to accelerating the global energy transition and aims to achieve carbon neutrality by 2050, said the Prime Minister of Georgia at the roundtable discussion on Energy: Advancing Climate Mitigation Action within the framework of the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.

“We are expanding renewable energy and enhancing energy efficiency, connecting our grid with neighboring countries, and aligning our policies with global climate goals. Through legislative reforms, green technology investments, and public awareness, we drive this transition forward.

In line with the EU-Georgia Association Agreement, we enacted the Energy Efficiency Law and introduced 15 supporting by-laws in 2022-2023 to reduce energy use across sectors. Updated in 2024, our Law on Energy Efficiency of Buildings meets EU standards with stricter regulations for new constructions and mandatory standards for existing buildings.

Georgia has also passed a Renewable Energy Law and eight by-laws to boost renewable production, with plans to regulate biofuels and certify renewable energy installers by 2025. Additionally, with support from KfW and the Asian Development Bank, we are exploring green hydrogen and launched our Green Growth Strategy with the World Bank in 2023”, - said Irakli Kobakhidze.

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