Georgian Prime Minister Irakli Garibashvili took part in the roundtable discussions Investing in the Future of Energy at the 27th UN Climate Change Conference.
The Head of Government addressed the discussions’ participants and spoke about the importance of developing sustainable energy sources.
Garibashvili emphasized that it is important to invest more in alternative-clean, accessible, and sustainable-sources of energy in order to overcome existing challenges.
Global energy demand is growing, he noted, and the ongoing energy crisis has clearly shown how important it is to diversify energy sources.
According to the Prime Minister, Georgia is actively working and has taken important steps toward transforming the energy sector and ensuring greater investments in the field of clean and sustainable energy.
The current geopolitical context has further brought to the fore Georgia’s key strategic location. Georgia can play an important role in diversifying transport routes and ensuring Europe’s energy supply, the PM claimed.
To this end, work is underway on the idea of installing a submarine power cable in the Black Sea to connect Georgia and Europe. This strategic project envisages the creation of opportunities for transiting renewable green energy between the EU and the South Caucasus Region.
Garibashvili emphasized that, through joint efforts, countries can make a historic difference, ensure an energy future, and secure long-term positive changes to global climate change.
The discussion was cochaired by President of the Arab Republic of Egypt Abdel Fattah el-Sisi and German Chancellor Olaf Scholz. The participants also included President of the European Commission Ursula von der Leyen, the leaders of several countries, and representatives of various private companies.