Access to Green Finance for SMEs in Georgia / Organisation for Economic Co-operation and Development.
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 b...
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| Format: | Ebook |
| Language: | English |
| Published: |
Paris :
OECD Publishing,
2019.
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| Series: | Green finance and investment.
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| Subjects: | |
| Online Access: | OECD |
| Summary: | 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. |
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| Physical Description: | 1 online resource (75 pages) |
| ISBN: | 9789264880498 9264880496 9789264958616 9264958614 9789264445413 |
| ISSN: | 2409-0344 |
| DOI: | 10.1787/dc98f97b-en |