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

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

LATEST NEWS

spot_imgspot_imgspot_img