Georgian PM outlines energy and climate “commitments” at COP29

At the 29th United Nations Climate Change Conference in Baku, Prime Minister Irakli Kobakhidze reaffirmed Georgia’s “strong commitment” to advancing its energy and climate initiatives.

Speaking at the Energy: Advancing Climate Mitigation Action roundtable, Kobakhidze emphasized that Georgia’s focus on renewable energy, energy efficiency, and regional cooperation would play a crucial role in achieving the nation’s climate goals.

“We believe that Georgia’s initiatives, such as the Black Sea underwater power transmission, optical fiber cables, and activated ferry traffic, provide effective solutions for energy independence and security,” Kobakhidze said.

He also reaffirmed Georgia’s commitment to achieving 27.4% of total energy output from renewable sources, alongside reducing greenhouse gas emissions by 47% in line with the country’s climate strategy.

The Prime Minister highlighted Georgia’s dedication to accelerating the global energy transition and achieving zero carbon by 2050.

He explained that Georgia’s ongoing legislative reforms, investments in green technologies, and integration with neighboring countries are aligned with global climate objectives. “We are moving forward on this transformational path with the adoption of new laws and reforms, including energy efficiency legislation in line with EU standards,” Kobakhidze added.

He also pointed out that Georgia had approved a renewable energy law and planned to regulate biofuels and certify renewable energy installations by 2025. Additionally, with support from the German and Asian Development Banks, Georgia is exploring the potential of green hydrogen and continues to implement the Green Growth Strategy, developed in collaboration with the World Bank in 2023, he added.