The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

YEREVAN, July 6.  /ARKA/. The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees. The project was wrapped up with the Symphonic Journey concert, with all proceeds from ticket sales dedicated to planting even more trees in the forest.

As part of the initiative, 15,758 trees have already been planted in Armenia’s Shirak Province. Thanks to the support of more than AMD 12 million provided by the project’s principal partners, Idram and IDBank, Symphonic Forest has become a reality.

According to Arsen Kdanyan, Director of Idram: “The idea behind Symphonic Forest has been fully aligned with our philosophy from the very beginning. We believe that small steps lead to meaningful change. At Idram, we are convinced that truly significant results are achieved by those who are willing to invest in the future with patience and consistency.”

“Symphonic Forest is an investment in future generations, helping create a cleaner and greener environment for years to come. Over the past few years, we have planted more than 50,000 trees across Armenia as part of our environmental initiatives. Supporting projects like this is an integral part of our mission,” said Mher Abrahamyan, Chairman of the Management Board of IDBank.

The uniqueness of Symphonic Forest lies in the arrangement of the trees, which mirrors the structure of a symphony orchestra.

“I am delighted that the Armenian State Symphony Orchestra initiated such a meaningful project by creating the Symphonic Forest in Shirak Province. Music and nature are both deeply important to us,” said André Gumuchdjian, Founder and CEO of My Forest Armenia.

Sargis Balbabyan, Executive Director of the Armenian State Symphony Orchestra, emphasized the importance of launching this long-term initiative during the Orchestra’s 20th anniversary concert season։ “We are truly excited that, together with Idram, IDBank and The Power of One Dram, our Orchestra has been able to launch a project dedicated to forest restoration and conservation.”

Symphonic Forest is the result of a strong partnership united by a common goal: restoring Armenia’s forests and preserving biodiversity. Because real investment is measured not by numbers, but by tangible, lasting change.

IDRAM AND IDBANK ARE SUPERVISED BY THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

IDBank to Showcase Environmental and Innovative Initiatives at COP17

Together with its partners, IDBank will participate in the 17th meeting of the Conference of the Parties to the UN Convention on Biological Diversity (COP17), where it will present a number of key initiatives focused on green transformation, digital ecosystems, and biodiversity conservation.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

LATEST NEWS

spot_imgspot_imgspot_img