{"id":251503,"date":"2024-05-27T18:38:14","date_gmt":"2024-05-27T18:38:14","guid":{"rendered":"https:\/\/armbanks.am\/2024\/05\/27\/251503\/"},"modified":"2024-05-27T18:38:14","modified_gmt":"2024-05-27T18:38:14","slug":"armenia-to-receive-e92-3m-loan-and-16m-grant-from-wb-to-fight-climate-change","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/05\/27\/251503\/","title":{"rendered":"Armenia\u00a0to receive \u20ac92.3m loan and $16m grant from WB to fight climate change"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, 27 May. \/ARKA\/. <\/strong>Armenia and the International Bank for Reconstruction and Development (IBRD &#8211; a division of the World Bank) signed an agreement on 24 May on financing the second operation of the Green, Sustainable and Inclusive Development Policy&#8221;, the press service of the Ministry of Finance reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The document was signed by Armenian Finance Minister Vahe Hovhannisyan and Carolyn Geghinat, head of the WB Armenian office.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreement envisages a loan of 92.3 million euros and a grant of $16 million from the Global Instrument of Preferential Financing Facility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The programme includes the following areas: mitigating climate change and promoting adaptation, improving the legal and regulatory framework for environmental management, strengthening equality and promoting human capital development, improving the effectiveness of the anti-corruption system and the justice sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The programme also contributes to addressing the immediate needs of over 100,000 people forcibly displaced from Nagorno-Karabakh. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia and the International Bank for Reconstruction and Development (IBRD &#8211; a division of the World Bank) signed an agreement on 24 May on financing the second operation of the Green, Sustainable and Inclusive Development Policy&#8221;, the press service of the Ministry of Finance reported.<\/p>\n","protected":false},"author":1,"featured_media":206687,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":["post-251503","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - 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