Investor Presentaiton
Sustainable Finance Roadmap - Recommendations
Globalfields
1. Shaping a favourable policy framework
2. Scaling up green finance flows
3. Establishing an ESG Framework
Initial Actions
Revision of the GCF Country Program to enable 1)
scaled-up climate finance flows
1)
Establishing/formalizing Green
1)
Finance Task Force (under CBA)
2)
Development and adoption of a
2)
Green Bond framework for Armenia
Development of favorable regulations for
renewable energy developers and PPPs
3)
Development and adoption of a green 3)
taxonomy
4)
Development of a carbon pricing
regime
Supporting the development of green projects for 2)
financing
Development and adoption of 1)
a harmonized ESG framework
for the financial sector in
Armenia
Establishment of ESG market 2)
standards
3)
4. Addressing capacity constraints
Enhance understanding of
international green finance
frameworks and issues in the
private sector
Enhance structuring capacity
for PPPs
Enhance carbon market
operating capacity
Parallel Actions
1)
Creation of an integrated MRV
1)
framework linking projects to
2)
national inventory reporting
Structured engagement with climate funds
Creation of a dedicated fund to support green
investments
1)
Strengthen regulations to
monitor and enforce and
develop the ESG framework
1)
2)
Strengthening of data collection to
3)
Deepening MDB/DFI partnerships
more clearly identify potential
4)
Supporting establishment of dedicated private
3)
actions and vulnerabilities
green finance institutions (e.g., leasing
companies, private equity funds, crowdfunding
platforms)
Develop capacity for
establishing and maintaining
complex MRV systems in
public and private sectors
Comprehensive ESG and
gender training for
public/private sector
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