The\nSAVi assessment for Georgia had a dual purpose: (1) it contributed to a Green\nEconomy Assessment supported by the EaP Green project and coordinated by UN\nEnvironment, and (2) it complemented that study with a project financing\nanalysis of national green economy interventions. SAVi estimated the impact of\ngreen economy policies in the building, tourism and agriculture sectors. The\nuse of SAVi has allowed for estimating direct, indirect and induced economic\nimpacts (including the valuation of externalities) and for performing a project\nfinancial assessment at the societal level.<\/p>\n\n\n\n
The\nassessment shows that under a conventional modelling approach the investment in\nthe green economy generates an internal rate of return (IRR) of 4.21 per cent.\nWhen the indirect and induced impacts on the economy are taken into account,\nthe IRR increases up to 71 per cent with a net present value (NPV) reaching\nalmost GEL 17 billion (approximately USD 5.7 billion, at current exchange\nrates). Traditional financial indicators such as the IRR and NPV are not\ncommonly used in policy level analysis. However, when considering policy\ninterventions across the economy, they provide an interesting insight for\npolicy-makers into the performance of the green economy strategy.<\/p>\n\n\n\n
The\nfull results of the SAVi assessment in Georgia will be available soon.<\/p>\n","protected":false},"excerpt":{"rendered":"
The SAVi assessment for Georgia had a dual purpose: (1) it contributed to a Green Economy Assessment supported by the EaP Green project and coordinated by UN Environment, and (2) it complemented that study with a project financing analysis of national green economy interventions. SAVi estimated the impact of green economy policies in the building,… Read more »<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"project_cat":[38,20,4,19,24],"class_list":["post-2121","savi-project","type-savi-project","status-publish","hentry","project_cat-green-economy-policies","project_cat-irrigation","project_cat-energy","project_cat-water","project_cat-green-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-project\/2121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-project"}],"about":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/types\/savi-project"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/comments?post=2121"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/savi-project\/2121\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/media?parent=2121"}],"wp:term":[{"taxonomy":"project_cat","embeddable":true,"href":"https:\/\/www.iisd.org\/savi\/wp-json\/wp\/v2\/project_cat?post=2121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}