Access to Green Finance for SMEs in Georgia Contributor(s): Oecd (Author) |
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ISBN: 9264445412 ISBN-13: 9789264445413 Publisher: Org. for Economic Cooperation & Development OUR PRICE: $28.50 Product Type: Paperback - Other Formats Published: January 2020 * Not available - Not in print at this time * |
Additional Information |
BISAC Categories: - Business & Economics | Development - Sustainable Development - Business & Economics | Environmental Economics |
Physical Information: 0.21" H x 8.25" W x 11" (0.55 lbs) 76 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Small and medium-sized enterprises (SMEs) play an important role in Georgia's economy. SMEs provide more than 67% of employment and about 62% of gross value added. Although the environmental footprint of individual SMEs may be low, their aggregate impact in many respects exceeds that of large businesses. Commercial banks have an important role to play in providing access to green finance, particularly for SMEs. This report reviews the experience with green lending in the SME sector in Georgia. The analysis identifies the main challenges with lending to SMEs for green projects and discusses possible solutions. The report, in particular, looks at the role of the government and the policy instruments it can use to stimulate higher demand for green lending in the SME sector. |