EU introduces eco-innovative business practices in Georgia

Photo: European Union
Photo: European Union

Eco-innovation, resource efficiency and cleaner production were the main focus of an event held in Tbilisi, Georgia, on 25 February.

Organised within the framework of the EU-funded programme ‘EU4Environment’, the event discussed how businesses, particularly small and medium-sized enterprises (SMEs), can become more cost-effective, productive and environmentally friendly.

The event was organised by the United Nations Environment Programme and the United Nations Industrial Development Organization, with the support of the Ministry of Economy and Sustainable Development of Georgia.

Green production concepts have already successfully demonstrated in Georgia that they can bear significant benefits for both businesses and the environment. The EU-funded ‘EaP GREEN’ programme, implemented between 2014 and 2017, identified scope for potential annual savings worth €1 million in 50 industrial Georgian SMEs.

The ‘EU4Environment’ programme, running in Georgia and other countries of the Eastern Neighbourhood, will work on building SMEs’ capacity to use resource efficiency, cleaner production and eco-innovation. It will aim to optimise these businesses’ natural capital, increase people's environmental well-being and stimulate economic growth.

A number of Georgian enterprises will receive assistance in revising their business models.

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Press release