On January 16, a Memorandum of Understanding was signed between the ISET Policy Institute and the Ministry of Economy and Sustainable Development (MoESD) of Georgia. The document was signed by Eric Livny, President of the ISET Policy Institute, and Giorgi Kvirikashvili, Vice Prime Minister and Minister of Economy and Sustainable Development.
The Memorandum envisages the planning and implementation of joint projects, trainings and research activities. Additionally, successful ISET students will have the opportunity to intern at and otherwise cooperate with the MoESD.
“ISET is a young organization but you have already established yourself as an excellent educational institution and a very successful Georgian think tank,”
The purpose of this event was to discuss the role of energy and water supply sectors for job creation and poverty reduction, as well as suggest improvements to existing policies affecting access to, and efficient use of, scarce resources. Georgia, just like other countries of South Caucasus region, is characterized with significant energy poverty. Electricity consumption per capita in the country is only 23% of OECD average. This is due to the low incomes in the country and the fact that people cannot afford using basic energy-intensive equipment, such as washing machines, refrigerators etc.