Abstract:
The importance of environmental economics has grown especially in parallel with the world's sustainable
development agenda. The importance of environmental economics in Georgia is increasing in accordance with
the international agenda, within which the country has set goals and, accordingly, aims to strive for sustainable
development. International experience shows that it is important to introduce green economy principles in
three main directions: integration of environmental issues into policy documents and state priorities;
development of economic instruments (financing mechanisms, business models) in accordance with the green
economy; awareness raising (trainings, institutional strengthening). The article discusses the agenda issues of
environmental economy at the international and national level for Georgia. In a separate chapter, the main
environmental impacts of the pandemic in the world and in Georgia are discussed, which have put the issues of
sustainable development in front of significant challenges. Finally, recommendations are given, the
consideration of which will be important for the scientific and practical development of the environmental
economics in Georgia.
Description:
1. EEA. (2020, November 5). COVID-19 measures have mixed impacts on the environment. Retrieved
December 27, 2021, from https://www.eea.europa.eu/highlights/impact-of-covid-19-lockdown
2. Huizen, J. (2021, April 22). How COVID-19 has changed the face of the natural world. Medicalnewstoday.
Retrieved December 27, 2021, from https://www.medicalnewstoday.com/articles/how-covid-19-haschanged-
the-face-of-the-natural-world
3. IFC, MIGA, WB. (2010). Regulatory Governance in Developing Countries. International Finance
Corporation, Multilateral Investment Guarantee Agency, World Bank. Retrieved December 27, 2021,
from https://openknowledge.worldbank.org/handle/10986/27881
4. OECD. (2021, May 31). The long-term environmental implications of COVID-19. Retrieved December 27,
2021, from https://www.oecd.org/coronavirus/policy-responses/the-long-term-environmentalimplications-
of-covid-19-4b7a9937/
5. Ortiz-Ospina, E., & Roser, M. (2016). Government Spending. Our World in Data. Retrieved December 27,
2021, from https://ourworldindata.org/government-spending#endnotes
6. Renda, A. (2011). Law and Economics in the RIA World. Erasmus University Rotterdam , Intersentia,
Mortsel (Belgie). Retrieved December 27, 2021, from hdl.handle.net/1765/22920
7. Rume, T., & Islamb, S. D.-U. (2020, September 17). Environmental effects of COVID-19 pandemic and
potential strategies of sustainability. US National Library of Medicine / National Institutes of Health.
Retrieved December 27, 2021, from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7498239/
8. Weigel, W. (2000). Why “Regulatory Impact Analysis” and not “Economic Analysis of Law”? Reflections on
recent OECD Policy. University of Vienna, Department of Economics. Retrieved December 27, 2021, from
https://homepage.univie.ac.at/wolfgang.weigel/Lehre/Downloads/EAL_versus_RIA.pdf
https://ec.europa.eu/eurostat
https://www.geostat.ge/ka
https://www.matsne.gov.ge/
https://mepa.gov.ge/
https://www.mof.ge/
https://www.oecd-ilibrary.org/
https://parliament.ge/
https://sdg.gov.ge/main
https://sdgs.un.org/goals
https://www.unep.org/
https://unstats.un.org/unsd/envstats/index.cshtml