Carbon Credits in Georgian Law — the Absence of Regulation
We start with the main point directly: in Georgian environmental legislation the carbon credit, as a tradable instrument, is not separately regulated. The norms at this page’s foundation create no emissions-trading scheme, establish no national registry for the issuance or identification of credits, and define no status of a credit as a proprietary right. What the law does regulate is the regime of authorization and monitoring of greenhouse-gas emissions — which is not the trading of credits. So if you are looking for an answer on buying or selling credits, this page offers the legal backdrop within which such transactions take place, together with a plain statement that a separate scheme does not exist in the law.