EBRD, Green Climate Fund offer €26mln for first waste treatment plant in Tbilisi

A loan agreement was signed between the Finance Minister Lasha Khutsishvili and Alkis Vryenios Drakinos, the Regional Director of the EBRD for the Caucasus. Photo: Ministry of Finance

Agenda.ge, 20 Feb 2024 - 16:36, Tbilisi,Georgia

The Georgian capital city of Tbilisi will have its first waste treatment plant to improve solid waste management and disposal thanks to a new €26 million funding from the European Bank for Reconstruction and Development and the Green Climate Fund.

The Ministry of Finance said a loan agreement was signed on Tuesday between the Finance Minister Lasha Khutsishvili and Alkis Vryenios Drakinos, the Regional Director of the EBRD for the Caucasus.

This project aims to elevate Tbilisi to European standards, ensuring environmental protection and enhancing citizens’ health”, Khutsishvili said.