EU NEIGHBOURS. After six years of work, Georgia now has energy efficiency legislation that will help the country transition to a green economy. The new legal acts will allow the country to make energy savings of 14% by 2025, helping it to meet its international obligations in fighting climate change, increase its energy security and strengthen its energy links with the EU. The new legislation will also help Georgia to improve the energy performance of new constructions and building retrofits in line with EU standards.
The Law on Energy Efficiency and the Law on Energy Performance of Buildings were developed by the Ministry of Economy and Sustainable Development of Georgia in collaboration with the Energy Community Secretariat. Georgia also received technical assistance by the EU-supported initiative ‘EU4Energy’ and the European Bank for Reconstruction and Development (EBRD). The two legal acts transpose the EU directives in this field.
As a result of the new legislation, Georgia has gained popularity amongst investors and is currently expecting an investment of €40 million from the EBRD to provide 250 public buildings in Georgia with energy-efficient retrofitting.
Photo: European Union