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)
Armenia’s Minister of Education Presents Reforms and Achievements at International Education Conference in London
Armenia’s Minister of Education, Science, Culture, and Sports, Arayik Harutyunyan, showcased educational reforms and achievements at an international conference in London. The minister outlined goals for a high-quality education system, including inclusive education, vocational training, and scientific development. Discussions with UK and Ireland representatives focused on academic cooperation and system alignment.
“Swiss-funded program aims to uplift rural communities in Armenia’s mountains through sustainable development”
The SDC program aims to alleviate poverty in Armenia’s mountainous regions by promoting sustainable development. It will prioritize job creation and agribusiness opportunities, as well as support eco-tourism. Over 3,400 households and businesses are expected to benefit initially, with expansion in the future.
Armenia Takes Strides Towards Progressive and Sustainable Development: New Standards for Environment, Healthcare, and Social Protection
Introducing new standards for environmental, healthcare, and social protection in Armenia. CEO Harutyunyan highlights the country’s commitment to sustainable development and discusses issues surrounding the Teghut mine. Article from NEWS.am.
Armenia Secures 50 Million Euro Loan from EBRD for Sustainable Development Program
Armenia to receive 50 million euro loan from EBRD for sustainable development. Loan funds to be used for investment in schools and other projects. 20-year term with 5-year grace period and 5.6% interest rate.
“Armenia’s ‘Chess Bridge of Peace’ Initiative Aims to Foster Stability & Cooperation in Turbulent Region”
Discover the “Chess Bridge of Peace” project, aimed at improving prosperity in the region by creating a platform for peaceful dialogue. This initiative aims to enhance cooperation between Armenia, Iran, and neighboring countries, benefiting transportation and fostering cultural exchanges.
“Prime Minister Pashinyan joins forces with wildlife foundation to promote sustainable development and combat climate change at COP 28”
Prime Minister Nikol Pashinyan commits to sustainable development and environmental protection in Armenia during a meeting with the Foundation for the Preservation of Wildlife and Cultural Assets at COP 28. The focus is on renewable energy models and climate-based initiatives, with an aim to address global and regional environmental challenges.