Investor Presentaiton
Sustainable Finance Roadmap - Approach
Revision of the GCF Country Program
to enable scaled-up climate finance flows
Development of favorable regulations for
renewable
energy developers and PPPs
Supporting the development of green
projects for financing
Structured engagement with climate
funds
Pillar 2. Scaling up Green Finance Flows
Engagement with GCF CPD to revise country program
in advance of GCF-2 replenishment phase
Market survey of developers and financing institutions
to identify and prioritize barriers to renewables and
green PPPs
Identification of priority projects across key sectors
(energy, Infrastructure, agriculture)
Systematically assess potential for climate fund
contributions to green finance agenda in Armenia
Executive order to establish such a fund and/or expand
the role of an existing institution to cover this
Creation of a dedicated fund to support responsibility to be approved and applied by the
green investments
relevant government department
2022 for
Continued exchange with GCF and partners on
potential for projects in line with Armenia's green conclusion in
development agenda
2023
Implementation of a systematic process to remove 2022 ongoing
barriers
Updating on at least annual basis
Linking of project list to DFI/Climate Fund
pipelines
Advancing Green Procurement Principles
Identify priority projects from the roadmap and
investment pipeline for support by climate funds
Consultation with public and private sector on
pipeline
Identification of dedicated revenue streams
to 2025
2022 ongoing
to 2030
2022 ongoing
to 2030
2022 for
implementation
in 2024
•
Globalfields
Ministry of Environment
NDA
Armenia's DAES
Ministry of Finance
Ministry of Energy)
Ministry of Environment
Line ministries (e.g.,
infrastructure, agriculture)
Ministry of Environment
NDA
Armenia's DAES
Ministry of Finance
Ministry of Environment
Line ministries (e.g.,
infrastructure, agriculture)
Deepening MDB/DFI partnerships
Supporting establishment of green
finance institutions (e.g., leasing
companies, private equity funds,
crowdfunding platforms)
Appoint dedicated focal points in line ministries for
engagement with DFI counterparts
Defining regulatory and policy requirements to
establish green
finance institutions
Structuring Fund of Funds for finance
projects
green
Establish enabling regulatory and policy
framework for equity/debt crowdfunding
Closely work with MDBs/DFIs on definition of
country priorities and strategies
Establishment of a Fund of Funds with Initial
funding provided by the Government and
co-investments by the private
sector/DFIs/Climate Funds;
Supporting green-focused start-up environment
by e.g., investing in accelerator programmes
2022 ongoing
to 2030
Ministry of Finance
Line ministries (e.g.,
infrastructure, agriculture)
2023 for
operationalizati
on in 2024
Ministry of Finance
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