German KfW offers €24 mln grant for biodiversity and sustainable development in Georgia
The grant agreement was signed today by Georgian Finance Minister Lasha Khutsishvili and KfW South Caucasus Regional Office Director Klaus Veigel. Photo: Ministry of Finance.
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German state development bank KfW will help Georgia implement a 'Biodiversity and Sustainable Local Development - Georgia' project with a new grant of €24 million, announces the Ministry of Finance of Georgia.
The grant agreement was signed today by Georgian Finance Minister Lasha Khutsishvili and KfW South Caucasus Regional Office Director Klaus Veigel.
The money will be distributed to the Georgian Agency of Protected Areas and the Forestry Agency of Adjara.
The money will be used to develop the capacity of the Forestry Agency of Adjara and to support protected areas of Georgia. In addition, two new protected areas will be created in the Georgian regions of Racha and Shida Kartli", says the Ministry of Finance of Georgia.
Last year the governments of Germany and Georgia signed an agreement according to which the KfW will help Georgia develop the environment and energy sectors, urban and municipal infrastructure and improve the living conditions of IDPs.
Germany is giving Georgia €310 million in aid to help the country fight COVID-19 as well as to implement different regional projects, announces the Ministry of Finance of Georgia.
Germany will allocate a €170 million loan and a €28.5 million grant to Georgia as part of an agreement signed today between the governments of Georgia and the Federal Republic of Germany.
The agreement with KfW is part of the financial support that the Georgian government has attracted from its international partners to contain the spread of the coronavirus and help restore the Georgian economy.
The German government is allocating €161.7 million to support Georgian investment projects in infrastructural development, energy, municipal development, environmental protection, vocation education and other areas, the Georgian Ministry of Finance reports.
German Ambassador Hubert Knirsch and Georgian Finance Minister Lasha Khutsishvili have signed a sustainable local development agreement on a grant of €5.24 million. The agreement, signed earlier today, will enable a biodiversity conservation project worth around €24 million.
Germany has given a €3mln grant to Georgia for the support of vulnerable families in the country affected by the COVID-19 pandemic. A grant agreement was signed on November 30 between Georgian Finance Minister Lasha Khutsishvili and the German Development Bank’s (KfW) South Caucasus Office Director Birgit Holderied-Kress.
Georgia will receive a $16,250,000 grant from the German state development bank KfW over the next six years to create and develop protected areas in the country, the Environment Ministry announced on Sunday.
Georgia and the Reconstruction Credit Institute of Germany on Wednesday signed an agreement on financing the Open Energy Efficiency Programme in Georgian Public Buildings, aiming to rehabilitate and improve energy efficiency in public schools of the country.
Georgian Finance Minister Lasha Khutsishvili thanked Svenja Schulze, the Federal Minister for Economic Cooperation and Development of Germany, for the assistance provided by Germany to the country and for the “strong support” of Georgia’s European integration, the Ministry announced on Thursday.
Farmers involved in beekeeping and winemaking will receive 70 percent co-financing from the state to help them increase production of organic products in Georgia, with the Government approving a new Bioproduction Promotion Programme on Monday.
The newly unveiled Racha National Park in Georgia’s west and other initiatives for creating new protected territories will increase the total area of protected natural locations of Georgia by 100,000 hectares this year, Environment Minister Otar Shamugia has revealed.
Georgia’s Environment Ministry has established the Environmental Education Coordinating Council, a body tasked with improving coordination of events in the field throughout the country, the Environmental Information and Education Centre announced on Friday.
Peter Fischer, the German Ambassador to Georgia, on Wednesday inspected projects being implemented in western Georgia through development cooperation between the two countries.
Georgian Finance Minister Lasha Khutsishvili on Friday signed a deal with the German State Development Bank, French Development Agency and the European Delegation to Georgia for a multi-year reform programme called ‘Green Transition for Georgia’.