As waste accumulation keeps expanding, it increasingly poses a serious threat to human health and the environment. Waste can be the source of many diseases, it emits large amounts of methane (a potent greenhouse gas), and exacerbates global warming. According to World Bank estimates, without urgent intervention, the current levels of global waste will increase by 70% by 2050.
Graph 1. Global waste generation outlook by region 2016-2050
Proper management though can substantially mitigate the issues associated with waste. When discussing optim...
ISET Economist Blog
A blog about economics in the South Caucasus.
Jun
07
Nov
09
Pressure on environmental conditions has been increasing over the years in Tbilisi due to several factors:
• Population increase – according to the National Statistics Office of Georgia (GeoStat), the capital’s population has increased by 8% over the last ten years;
• Tbilisi is the center of Georgian business operations – GeoStat reveals that, by January 2020, 42% of economically active organizations were located in Tbilisi;
• These two factors are strongly associated with high levels of activity in the construction sector – according to GeoStat, 48% of...
Apr
16
In February 2017, Georgia experienced the largest gap between generation and consumption in the last decade. This was followed by an even greater gap in March 2017. The size of those gaps, and the fact that the historical trend was suggesting an increase in the electricity gap, prompted policy proposals emphasizing the need to encourage investments in power generation. The goal of such policies would be to avoid future energy security challenges due to electricity shortages and fast increasing electricity prices. Most of the strategies suggested s...
Nov
06
Forest fires pose a threat to human life and property. As we discussed in a previous article, most countries throughout the world, Georgia included, suffered from an unusually high number of forest fires during the summer of 2017. In Georgia, this topic was the subject of a spirited public debate about whether these fires were wild or man-made. In our previous article we discussed how natural causes generate wild forest fires. We mentioned that climate change can play a major role in the occurrence of forest fires, because drier conditions and longer hot...
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