Access to Green Finance for Smes in Georgia.

Foreword
Abbreviations and acronyms
Executive summary
Chapter 1.  The macroeconomic context for green investments in Georgia
	1.1. Political context
	1.2. Macroeconomic situation
	1.3. Macroeconomic situation
	1.4. Forward outlook
	Notes
	References
Chapter 2.  Small and medium-sized enterprise policy in Georgia
	2.1. Context for SME development
	2.2. Definitions of SMEs in Georgia
	2.3. SME policy environment
	2.4. National SME development strategy
	2.5. Institutional support
	2.6. Programmes and measures to support SMEs
	2.7. Emerging measures
	2.8. Barriers to access to finance
	2.9. Financing structures
	2.10. Market gap for green SME investments
	References
Chapter 3.  Energy, Environmental and Climate Policy of Georgia
	3.1.  Context
		Intended nationally determined contribution
		Low Emission Development Strategy
		National Energy Efficiency Action Plan
		Energy community
		Nationally appropriate mitigation actions
	3.2. Renewable energy
	3.3. Potential areas for strengthening
	Notes
	References
Chapter 4.  Climate finance for SMEs in Georgia
	4.1. Overview
	4.2. Georgian credit market
	4.3. Green credit
	4.4. Local banks that provide green finance in Georgia
	4.5. Key success factors
	4.6. Key challenges
	4.7. Policy response
	Notes
	References
Chapter 5.  Recommendations for policy makers
	5.1. Strengthen environmental policy and regulation
	5.2. Define role of SMEs in the green transition
	5.3. Improve wider access to finance for SMEs
	5.4. Improve the availability and terms of green finance for SMEs
	5.5. Scale the overall availability of green finance in the Georgian economy
	5.6. Raise awareness among SMEs of green transition opportunities
	References
		Annex A. Georgia’s banking sector
Annex A. Georgia’s banking sector
Annex B. SME low-cost energy and resource efficiency investments