ArmInfo. The German bank KfW will provide Armenia with a grant of 23 million EUR for the development of biodiversity and forestry. This, according to the press service of the Ministry of Nature Protection of Armenia, was agreed by the Acting head of the department Erik Grigoryan and director of the KfW department for Eastern Europe, the Caucasus and Central Asia Olaf Zimerka on April 30 during a working visit to Germany.
According to the source, KfW has never before provided such a large-scale environmental grant.
In addition, within the framework of the visit, Minister met with representatives of the Secretariat of the UN Convention to Combat Desertification. During the meeting, the parties discussed the timing of granting a grant to Armenia by the Government of the Republic of Korea, within which a pilot program in the Ararat Valley will be implemented. The possibilities of financing the creation of a digital relief in Armenia were also discussed.Eric Grigoryan during the working visit took part in the opening ceremony of the next conference of the UN Framework Convention on Climate Change. Within the framework of the Armenia Convention, an additional $ 3 million has been provided for the development of a national adaptation program to climate change.