러시아ㆍ유라시아

This study assesses Georgia’s national legislation through the lens of the Word Bank’s Environmental and Social Framework (ESF). The ESF went into effect in 2018, marking a significant step forward in environmental and social risk management in World Bank financed projects. The ESF is closely aligned with the environmental and social policies of other international financial institutions (IFIs), such as European Bank for Reconstruction and Development (EBRD), Asian Development Bank (ADB), Kreditanstalt fur Wiederaufbau(KfW), Japan International Cooperation Agency (JICA), and has been globally recognized as a benchmark for good international practice on environmental and social sustainability. The report provides an assessment of key legal and implementation gaps between Georgia’s national system and the ESF. It highlights the areas where government and the World Bank teams should place greater attention, either due to wider gaps between national law and the ESF, or due to the nature of gaps that may cause substantial risks during the implementation of development projects. The study incorporates a broad assessment of Georgian legislation and selected ESF standards as well as an overview of implementation and enforcement challenges. The study is not an endorsement by the World Bank management of the use of the government’s framework, but is intended to guide future project preparation, implementation, and capacity-building efforts at the legislative, policy, and institutional level in Georgia.