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Armenia launches green platform to support its sustainable development

The Government of Armenia, in cooperation with the World Bank, the European Union and the United Nations Development Program launched the Growth and Recovery for the Strengthening, Upgrading and Prosperity of Armenia, a platform in support of the country’s sustainable development, green recovery and growth.

“In the Government’s Action Plan 2021-2026 we have planned a number of measures, from increasing the share of green energy to the promotion of alternative vehicles, the introduction of related infrastructure, afforestation and other necessary works”, said the Deputy Prime Minister, Hambardzum Matevosyan.

According to Sebastian Molineus, the World Bank Regional Director for the South Caucasus, the Green Armenia platform will assist the country in its efforts to transition to a sustainable economy.

“The green transition may be a stimulus for Armenia’s economy, but it will be necessary to set priorities in cooperation with the private sector and international development partners and implement low-carbon, resource efficient policies and programs, in line with environmental goals,” he said.

According to EU Ambassador Andrea Wiktorin, the green agenda implies much more than the reduction of emissions.

“It implies systemic changes in economies, societies and industries. In the case of Armenia, this opportunity is clear,” she pointed out. “A greener economy will not only improve the quality of life of the Armenian people but will also stimulate sustainable growth and new jobs.”

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