Developing clean, renewable energy
Scaling up our actions in the South Caucasus
Supporting the health and social protection sector
Providing high-quality water and sanitation services
Georgia is a country with 4 million inhabitants at the crossroads between Europe and Asia. For some fifteen years now, this former Soviet bloc country has been engaged in major economic and political reforms. These reforms have been fruitful: the country has been modernized.
However, its geostrategic environment is sometimes a source of instability, particularly the conflict between Armenia and Azerbaijan and the 2008 conflict with Russia, followed by an embargo. Georgia also suffers from a number of socioeconomic weaknesses, which have been exacerbated by the international financial crisis.
The country consequently needs to find the resources to achieve economic stability. Georgia can bank on the boom in tourism and an agricultural sector with strong potential, while taking advantage of its strategic position between the hydrocarbon producing areas of Central Asia and Europe.
AFD has been providing support to Georgia since 2012 under a mandate for “green and inclusive growth” and opened its office in capital city Tbilissi in 2017. For a total of €250.7 million in financial commitments, these projects have focused on urban and rural development, infrastructures, governance and renewable energy. AFD supports the country via sovereign and non-sovereign loans and European grants under the Neighbourhood Investment Platform(NIP) – East.