Green Climate Fund

Scaling up Green Finance practices in the Republic of Armenia

Last update: Feb 10, 2020 Last update: Feb 10, 2020

Details

Location:Armenia
Armenia
Category:Unspecified/other
Status:Approval
Sectors:Environment & Climate, Financial Services & Audit
Contracting authority: ArmSwissBank CJSC
Funding Agency:
Contracting authority type:Government / Public Sector
Eligibility:Unknown
Budget: USD 661,864
Date posted: Feb 10, 2020

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Strategic frameworks support for Armenia through ARMSWISSBANK   The proposed Readiness Project is aimed at designing Green Finance Roadmap, as key political document outlining current state, existing impediments for green finance development and establish
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tender Background

About the Funding Agency

The Green Climate Fund was designated as an operating entity of the financial mechanism of the UNFCCC, in accordance with Article 11 of the Convention. Arrangements will be concluded between the Conference of the Parties (COP) and the Fund to ensure that it is accountable to, and functions under the guidance of, the COP.


About the Sectors

Environment & Climate

Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.


Key areas:
  • Environmental protection and conservation
  • Natural resource and ecosystem management
  • Climate change and environmental resilience

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Armenia

Armenia has prioritised transport corridor upgrades, renewable energy expansion and digital infrastructure to enhance regional integration and competitiveness. Investments aim to strengthen Armenia’s role as a transit and services economy between Europe and Asia. The government has implemented regulatory reforms and sought foreign direct investment to modernise logistics and energy systems. Continued institutional strengthening and diversification beyond remittances and mining remain central to long-term resilience.

Nr. of tenders: 10573
Nr. of grants: 2879
Nr. of donors: 520
Nr. of jobs: 41
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