Discussed the prospects for cooperation with the Green Climate Fund

21-12-2018

On December 19 there took place the consultative workshop in Armenia Marriott Hotel organized by “Environmental Project Implementation Unit” State Institution, in the course of which issues over the functions of the Green Climate Fund, inclusive of the prospects for cooperation with the Fund were considered.
First Deputy Minister of Nature Protection Irina Ghaplanyan, Director of "Environmental Project Implementation Unit" SI Meruzhan Galstyan, Deputy Chairman of the Central Bank of Armenia N. Yeritsyan, officers of the Armenian banking sector, heads of commercial banks and experts attended the event.
Addressing those present, the First Deputy Minister of Nature Protection made an in-depth submission apropos of new opportunities for climate finance, challenges conditioned by climate change, the strategy adopted by Armenia and the cooperation with the Green Climate Fund.
The event focused on identifying Armenian organizations wishing to become GCF Accredited Entity, as well as potentially interested organizations in planning possible investment projects.
An absorbing consultation was led, due to which the parties agreed on the format of the further cooperation. Afterwards, the participants were provided with a brief manual published by the EPIU on the functions of the Green Climate Fund and the prospects for cooperation with the Fund.
 

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