Corporate Social Responsibility
WITHIN THE FRAMEWORK OF ՛՛GREEN՛՛ FINANCE INTERNATIONAL BEST PRACTICE SURVEY A STUDY VISIT WAS HELD IN THE LEADING EUROPEAN FINANCIAL BANKS OF KFW AND FMO

WITHIN THE FRAMEWORK OF ՛՛GREEN՛՛ FINANCE INTERNATIONAL BEST PRACTICE SURVEY A STUDY VISIT WAS HELD IN THE LEADING EUROPEAN FINANCIAL BANKS OF KFW AND FMO

29.06.2022

On June 20-24, within the framework of ''Scaling up green finance practices in Armenia'' grant project, with the participation of representatives of the Ministry of Environment of the RA, the Ministry of Finance of the RA, Ministry of Economy of the RA, the Central Bank of Armenia and the commercial banks was held a study visit with the leading European financial institutions-headquarters of the KfW and the Dutch Entrepreneurial Development Bank (FMO) within the framework of ՛՛green՛՛ finance international best practice survey.

Responsible officers from each institution presented their experience in implementing the strategy of ՛՛green՛՛ finance programs during the discussions at KfW and FMO.

The Armenian delegation visited the most energy efficient residential building-«Active-Stadthaus» in Frankfurt, got acquainted with the processes and mechanisms aimed at improving the energy efficiency of buildings.

The "Scaling up green finance practices in Armenia" grant project has been launched since May. The "Armswissbank" CJSC has been chosen as a coordinating partner by GCF.

The main objective of the project is to increase the experience and potential in the field of «green» financing in the RA.

The local and international experts have already studied the current state and opportunities of the "green" financing sphere, the best international experience and the possibilities of its localization.


Back to the list