Objectives of the conference

Georgia, as a party to the Paris Agreement, plans to actively participate in emissions trading under Article 6 of the Agreement.

“Carbon Market and Georgia” focussed on the introduction to the global carbon markets, the potential of establishing a carbon trading system in Georgia, and the opportunities for the private and public sectors to engage in international mechanisms through reducing greenhouse gas (GHG) emissions causing climate change.

The conference gathered representatives of ministries, embassies, public institutions, international development partners, donors, financial institutions, business and industry associations, civil society organizations, and other stakeholders interested in getting involved in the emerging carbon market system in Georgia.

We present the speeches of keynote speakers with their kind permission.

Carbon Market and Georgia

Maia Tskhvaradze, Ministry Environmental Protection and Agriculture of Georgia (MEPA), presents in her speech fundamentals and prerequisites for a carbon market in Georgia and explains the climate protection strategy 2030.

The Joint Crediting Mechanism (JCM) of Japan and Opportunities for Georgia

Takayuki Shigematsu, Ministry of the Environment, Japan, outlined the Japanese strategy of joint climate protection between Japan and Georgia under Article 6 of the Paris Agreement.

Introduction of International Carbon Market Mechanisms in the context of the Paris Agreement

Migeul Rescalvo, NEYEN / UNDP, explained the basics of Article 6 of the Paris Agreement and requirements for public and private sectors to participate in the carbon market.

Article 6 in Georgia: EBRD Support

Gerrit Held, European Bank for Reconstruction and Development (EBRD), outlined the opportunities of financing green investments in Georgia.

Climate Action between Switzerland and Georgia

Ursula Flossmann-Kraus, Foundation for Climate Protection and Carbon Offset, presented the role of the KliK Foundation for the joint climate action between Switzerland and Georgia and the first programme under this mechanism