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Georgian Low Carbon Framework
Under the Georgian Low Carbon Framework, EBRD provides financing of up to US$ 120m for medium-sized renewable energy projects in Georgia. There is no lower or upper limitation to the future installed capacity of specific sub-projects, although the projects in the range of 10-60 MW will be preferred.
The projects under the Framework encompasses development, construction and operation of renewable energy generation projects in Georgia. It is expected that the majority of the projects will be hydro power plants but the indicative pipeline includes wind power plants and assessment of the country's solar capacity.