ArmInfo. Kreditanstalt fur Wiederaufbau (KfW) German Development Bank will continue to assist Armenia with provision of the reservations by granting, said Minister of Nature Protection of Armenia Artsvik Minasyan during government meeting on March 2.
According to him, funds will be allocated to provide reservations and protected areas with all necessary in the framework of cooperation with KfW bank. In 2017, on this purpose, the bank will transfer to Armenia a sum of 155.5mln AMD (a bit more then 300thsd EUR).
As ArmInfo reported earlier, Germany will provide Armenia a grand for 4mln EUR for creation of a Biosphere Reserve on the basis of the reserve Shikahogh. Besides, 1mln EUR will be provided additionally on researches, programs modifying in the field of ecology and regional conferences holding.
