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KfW supports Armenia in the establishment of integrated water resource management techniques to fight water losses, illegal water abstraction, excessive and inefficient use of irrigation water. Other priority areas supported by KfW are sustainable energy (an integrated regional electricity network between Georgia – Armenia – Iran as well as renewable energy and energy efficiency measures), the expansion of the financial sector (housing mortgage, SME development, agro-financing) and nature conservation (establishment of national parks, support to protected areas).