On July 12th, the Organization for Economic Cooperation and Development (OECD) organized a workshop on the investment environment for water resources in Armenia, within the framework of the "EU4Environment: Water resources and environmental data" programme.
The preliminary results of the assessment of the investment environment were presented on this occasion: the participants also discussed their options for overcoming the barriers to investment in the water sector, as well as their opportunities for improvement.
Gayane Gabrielyan, Deputy Minister of Environment of the Republic of Armenia, delivered the opening speech, emphasizing the significance of the ongoing study. She noted that amajore challenge to enhancing water services in Armenia is the lack of adequate financing and finance mobilization.
As a result of these discussions, participants identified their top priorities, for which the research team will provide recommendations to address the obstacles. They also agreed to present the study's findings for discussion and input from interested parties in the coming months.
Read the news article in Armenian here.
(Photo credit: Ministry of Environment of the Republic of Armenia)