Armenian government to soon start implementing Green and Sustainable  Economic Development Strategy

ArmInfo. The Government of Armenia has developed an action plan, one of the key documents of which is the Green and Sustainable Economic Development Strategy,  which is at the final stage of development, and we will soon be able  to start implementing it. This was stated by the Minister of Economy  of Armenia Vahan Kerobyan in the forum titled "Innovative Financial  Instruments and the Private Sector's Role in Fueling Green Business"  organized by the Shtigen group of companies.

The minister also added that at this stage, a guide to "Green  taxonomy" is also being developed.  Kerobyan, in his welcoming  speech, also touched upon the approaches of the Ministry of Economy  to the role of private and institutional capital in the development  of a green economy in Armenia.

According to the source, during the conference, a panel discussion  was held, during which the trends in the development of green energy  in the world and Armenia, the challenges of green financing, as well  as the role of pension and venture funds in overcoming them and  attracting private capital, were presented.  Shtigen was founded in  2011 with the aim of increasing the level of energy security and  independence of Armenia, reducing the cost of energy produced and  services provided in the country, as well as improving the  environment. The company provides over 150 jobs.