Green Finance in Armenia

Green Finance in Armenia

Armenia ratified the UNFCCC in 1993 and the Kyoto Protocol in 2002. The RA National Assembly ratified the Paris Agreement and the Doha Amendment to Kyoto Protocol on February 8, 2017. Obligations of the Republic of Armenia within the framework of the aforementioned international multilateral instruments derive from the status of a developing country acting as a non-Annex I party to the UNFCCC. The country's position under the Convention and the Paris Agreement is set out in the “Intended Nationally Determined Contributions” document (INDC), approved by the GoA Protocol Decree No. 41, from 10 September 2015, and submitted to UNFCCC on September 22, 2015.