Greening the economy is essential for economic growth, social and sustainable development. It can enhance productivity and innovation, create new jobs and markets, and generate additional fiscal revenue. In this context, Armenia developed a range of environmental policies and laws and incorporated sustainable development to its Strategic Development Programme for 2014-25.

EU4Environment is helping Armenia finalise the Strategic Environmental Assessment (SEA) and Environmental Impact Assessment (EIA) laws, raise awareness campaigns, apply Resource Efficient and Cleaner Production (RECP) in SMEs activities, strengthen green regulations for enterprises and compliance assurance, reinforce policy dialogues on green finance and investment, assess and reinforce administrative capacity and develop Green Growth Indicators (GGIs).

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