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Solomon Pavliashvili delivers opening remarks at the Coordination Council session - dedicated to Environmental, Social, and Governance (ESG) Requirements.
The Deputy Minister of Environmental Protection and Agriculture, Mr. Solomon Pavliashvili, delivered opening remarks at the Coordination Council session - dedicated to Environmental, Social, and Governance (ESG) Requirements.
Mr. Solomon Pavliashvili thanked the Swedish Government and the United Nations Development Program for supporting the project.
"As we know, sustainable management of resources is one of the government's top priority areas. Environmental, Social, and Governance indicators are a component of the circular economy, which serves to promote green economic growth in the country, achieve sustainable development goals, and, accordingly, fulfill the obligations assumed by the Association Agreement with the European Union," said Mr. Solomon Pavliashvili.
Environmental, Social, and Governance (ESG) requirements consider environmental, social, and corporate governance issues while investing. According to the concept, adopting ESG indicators in all sectors of economic activity is crucial for sustainable development.
 Dr. Dariusz Edward Prasek, an International Expert in Sustainable Finance, Environmental, Social, and Governance Areas, and Circular Economy, and a member of the United Nations Advisory Board on Circular Economy, chaired the session, with the participation of the representatives of relevant state institutions and stakeholders involved in the transition to the circular economy and green growth of Georgia.
It is worth mentioning that five thematic sessions are planned to be conducted with the representatives of the target group and share the basic knowledge with them. The sessions will be held in close cooperation with the Ministry of Environmental Protection and Agriculture within the "Governance Reform Fund" (GRF) project of the United Nations Development Program (UNDP) sub-project "Supporting the Government of Georgia in Enhancing Governance & Policies for a Transition to a Circular Economy", which is financed by the Swedish government. The Union of Nature Researchers of Georgia "Orchis" will organize the mentioned meetings.
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