  Armenia to create new forests through $18.7M investment July 13, 2021 - 16:38 AMT PanARMENIAN.Net - $18.7 million will be invested in Armenia throughout the coming eight years to create new forests, the country's Ministry of Environment reports. Implemented through the Forestry Program of the UN Food and Agriculture Organization (FAO), this is the first large-scale project in Europe and Central Asia, financed by the Green Climate Fund (GCF). The project seeks to expand Armenia's forest area by 2.5%, reduce the demand for firewood in rural communities by at least 30%, to promote sustainable forest management and ensure the availability of technologies in rural communities. According to information provided by the Food and Agriculture Organization, forest areas in Armenia covered an area of 328,000 ha, down from 335,000 ha in 1990.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
