Advancing programming and partnership framework with GCF and matching with country’s long-term low-carbon development strategies

Armenia is seeking USD 197,031 from the Green Climate Fund (GCF) over 18 months to update its Country Cooperation Programme for the 2024-2027 replenishment round. The project, implemented by the Environmental Project Implementation Unit (EPIU) under the Ministry of Environment, aims to align climate funding with the updated Nationally Determined Contributions (NDC) and the Long-term Low Emission Development Strategy. Key activities include a national readiness needs assessment, the development of a Green Finance Implementation Strategy and Action Plan for 2023-2027, and the design of a high-quality Simplified Approval Process (SAP) project concept note. The initiative seeks to address coordination gaps between strategic frameworks and limited private sector engagement in climate finance.

• Armenia is requesting USD 197,031 for an 18-month Readiness and Preparatory Support Programme to develop a version 2.0 of the "GCF – Armenia Country Cooperation Programme" for the 2024-2027 replenishment round.
• The proposal identifies four primary barriers to climate finance in Armenia: lack of coordination between strategic frameworks, insufficient stakeholder awareness and engagement, capacity limitations of the Environmental Project Implementation Unit (EPIU), and complicated access to GCF funds.
• The project aims to align the Country Programme with several updated national strategic documents, including the updated NDC (approved April 22, 2021), the Framework National Strategy on Adaptation to Climate Change Impacts for 2021-2030 (adopted May 13, 2021), and the Long-term Low Emissions and Development Strategies.
• A central objective is the creation of a Green Finance Implementation Strategy and Action Plan for 2023-2027 to operationalize the "Armenia Green Finance Roadmap" and attract private sector investment.
• The programme will conduct a national-level readiness needs assessment to identify capacity constraints and opportunities for the second GCF replenishment round, involving government ministries, accredited entities, and the private sector.
• The proposal includes the development of a high-quality Simplified Approval Process (SAP) Project Concept Note to increase the number of nationally owned projects submitted to the GCF.
• Armenia's updated NDC sets a mitigation target for 2030 of a 40 per cent reduction in emissions below 1990 levels, with a long-term goal of achieving ecosystem neutral GHG emissions by 2050.
• The project will be implemented by the Environmental Project Implementation Unit (EPIU) under the leadership of the Ministry of Environment, with oversight from a Project Steering Committee chaired by the Deputy Minister of Environment.

APA

Green Climate Fund (2022). Advancing programming and partnership framework with GCF and matching with country’s long-term low-carbon development strategies. https://www.greenclimate.fund/sites/default/files/document/armenia-epiu.pdf

Chicago

Green Climate Fund. Advancing programming and partnership framework with GCF and matching with country’s long-term low-carbon development strategies. 2022. https://www.greenclimate.fund/sites/default/files/document/armenia-epiu.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Advancing programming and partnership framework with GCF and matching with country’s long-term low-carbon development strategies |date=2 December 2022 |url=https://www.greenclimate.fund/sites/default/files/document/armenia-epiu.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2022advancing, author = {{Green Climate Fund}}, title = {{Advancing programming and partnership framework with GCF and matching with country’s long-term low-carbon development strategies}}, institution = {Green Climate Fund}, year = {2022}, month = dec, url = {https://www.greenclimate.fund/sites/default/files/document/armenia-epiu.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }