Implementation of “Intended Nationally Determined Contributions" of the Republic of Armenia in rural communities
Implementation of “Intended Nationally Determined Contributions" of the Republic of Armenia in rural communities
The main idea of the Project is to introduce Climate Revolving Investment Civil Fund model along with relevant technological and organizational components as a sustainable, decentralized, community-based financial mechanism to contribute to the mitigation targets of Armenia’s INDC. The proposed project will contribute to increasing knowledge and skills of local communities to monitor and follow up the CC mitigation projects. The quantitative outcomes of the projects, including monetary savings, as well as reduction of CO2 emissions have to be viewed as a source for replenishment of the climate revolving fund, thus creating additional incentives for communities in proper formulation and monitoring of the mitigation projects outcomes.
The project aims to select pilot communities or community unions ready to establish revolving funds through their active involvement in implementation of mitigation measures envisaged under INDC. The important component of the project will be the training and capacity strengthening for establishing appropriate instruments for management and oversight of the funds operation.
The proposed project will also provide recommendations for corresponding legislation which will lay ground for implementing Armenia’s INDC in a more comprehensive manner.
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Project Snapshot

"Khazer" Ecological and Cultural NGO
Area Of Work:
Climate Change Mitigation
Grant Amount:
US$ 150,000.00
Co-Financing Cash:
Co-Financing in-Kind:
US$ 14,820.00
Project Number:
Currently under execution
Project Characteristics and Results
Notable Community Participation
Acknowledging the integral role of youth participation in any debate on the future development of Armenia, the Project will pay special attention to the involvement of youth and youth-support organizations in all activities. For this purpose, the Project team will encourage local youth to participate in meetings, discussions and workshops to increase the level of their awareness and knowledge on the issues related to the establishment of revolving climate investment civil funds and its operation aimed to environmental protection. Given the innovative nature of the project, there are all reasons to expect the interest and broad involvement of young people in planning, implementation, monitoring and evaluation, and, what is the most important, in the decision-making.
Significant Participation of Indigenous Peoples
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Tonnes of CO2 decreased or avoided by energy efficient and renewable energy technologies or applying environmentally sustainable transport practices introduced by SGP Project 100
Innovative financial mechanisms put in place through SGP project 1
Total monetary value (US dollars) of clean energy services provided to project participants and / or community as a whole (in the climate change focal area) 100000

Grantee Contact

Ms. Amalia Hambartsumyan
Phone: +374 10 58 39 33


38 Saryan Str., Apt.27
Yerevan , 0002

SGP Country office contact

Mr. Hovhannes Ghazaryan
+374 60 530000+116
(+374 10) 543811
Ms. Svetlana Harutyunyan
+374 60 530000+117


14 Adamyan St.
Yerevan, 0010

Country Website