Investor Presentaiton
Globalfields
Sustainable Finance Roadmap - Approach
Development and adoption Establishment of mandatory
of a harmonized ESG
framework for the
financial sector in Armenia
standards for banks and UCOS
to be applied across financial
sector eventually
Pillar 3. ESG Framework
―
Consultation with private sector
(finance and real) on scope of reporting
Training of ESG specialists
Defining ESG regulatory framework for
stock exchange
Establishment of market
standards for ESG
Enhance carbon market
operating capacity
Strengthen regulations to
monitor and enforce and
develop the ESG
framework
Identifying the preferred ESG
framework for Armenia
Assessing capacity, process and
data requirements for carbon
market operations compliant
with EU requirements
Assessing capacity, process and
data requirements for ESG
monitoring
Establishing compulsory market
standards for banks and UCOS
Introducing voluntary ESG ranking
approach
Introducing a green Insurance scheme
Industry consultation on required skills
for carbon market operations in
Armenia
Training of finance sector carbon market
specialists
IT procurement to support the system
Industry consultation on mandatory
standards for ESG in Armenia
Training of finance sector ESG specialists
IT procurement to support the system
2023 for
operational
ization in
2023
2023 for
operational
ization in
2024
2023 for
operational
ization in
2025
.
Ministry of
Finance
Ministry of
Environment
CBA
Ministry of
Finance
Ministry of
Environment
CBA
Ministry of
Finance
Ministry of
Environment
Ministry of
2023 for
operational
ization in
Finance
2024
Ministry of
Environment
CBA
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