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International Bank for Reconstruction and Development

Environment

“Armenia Takes Bold Step towards Sustainable Future with Landmark Environmental Program”

The government signed an MOU for the “RESILAND: Armenian Landscape Resilience Program” between Armenian Reconstruction and Development Bank and International Bank for Reconstruction and Development. Activities include protected areas management, biodiversity preservation, and restoration measures. Armenia aims to reduce greenhouse gas emissions by 40%.

Business Environment Finance

Armenia Secures EUR 92 Million and USD 16 Million for Sustainable Development Initiatives in Groundbreaking Agreement with IBRD

Armenia signed a memorandum with the IBRD for “Sustainable, Green, and Inclusive Development” financing. The agreement includes loans and grants totaling EUR 92,300,000 and USD 16,000,000. It aims to address climate change, boost renewable energy, improve governance, enhance human capital, support agriculture, and resolve Nagorno-Karabakh conflict-related issues. (Source: NEWS.am)

Environment International

Armenian Government Partners with International Bank to Preserve Landscapes and Biodiversity

Armenian government signs agreement with IBRD of Sweden for implementation of “RESILAND. Armenia’s Landscape Shield Program” to preserve strategic area, protect biodiversity, revitalize degraded areas, and achieve climate targets.