Greening the economy | EUNewsletter

Greening the economy

4 July 2013

On 20 June 2013, a new EU-funded project called “Greening Economies in the European Union’s Eastern Partnership Countries” (EaP GREEN) was launched.
Governmental and non-governmental stakeholders were invited to a special event to discuss the national priorities programme. The aim of the programme is to assist EaP countries in their transition to green economies. There are already initiatives in place in several EaP countries aimed at adopting a development model which preserves natural capital while offering new opportunities for investment and inclusive growth.
EaP GREEN will support countries to multiply and extend such initiatives, to highlight the importance of “greening” the economy so that both political and popular support for this new model can be secured, and to work with governments and the private sector to identify incentives and relevant policy instruments which would speed up this “green” transformation.

John Barker, Project Manager at the EU Delegation to Armenia, stressed that greening the economy was something which should be done through joint efforts, i.e. supported by government and bought into by industry and consumers: ‘The EU is looking to provide an enabling environment so that the representatives of government and grassroots can work together on initiatives which would be appropriate and good for Armenia’.

The programme involves the Ministries of Economy and Environment of all EaP countries, as well as four international organisations.

‘The objectives of the project completely correspond to state policy established by the Ministry of Nature Protection – to ensure environmental security, including the reduction of environmental harm, conducting risk assessments, and providing environmental protection,’ said Khachik Hakobyan, Deputy Minister of Nature Protection.

The estimated budget for this four-year programme is €12.5 million, of which €10 million will be granted by the EU. The four international partners, which include the Organisation for Economic Co-operation and Development, the United Nations (UN) Economic Commission for Europe, the UN Environmental Programme, and the UN Industrial Development Organisation will provide support under various elements of the programme.

The programme is regional, yet many of its activities will be implemented nationally. The results will be shared in various regional forums. Both policy support- and enterprise-level demonstration projects are envisaged.

Greening the economy

On 20 June 2013, a new EU-funded project called “Greening Economies in the European Union’s Eastern Partnership Countries” (EaP GREEN) was launched. Governmental and non-governmental stakeholders were invited to a special event to discuss the national priorities programme. The aim of the programme is to assist EaP countries in their transition to green economies. There are already initiatives in place in several EaP countries aimed at adopting a development model which preserves natural capital while offering new opportunities for investment and inclusive growth. EaP GREEN will support countries to multiply and extend such initiatives, to highlight the importance of “greening” the economy so that both political and popular support for this new model can be secured, and to work with governments and the private sector to identify incentives and relevant policy instruments which would speed up this “green” transformation. John Barker, Project Manager at the EU Delegation to Armenia, stressed that greening the economy was something which should be done through joint efforts, i.e. supported by government and bought into by industry and consumers: ‘The EU is looking to provide an enabling environment so that the representatives of government and grassroots can work together on initiatives which would be appropriate and good for Armenia’. The programme involves the Ministries of Economy and Environment of all EaP countries, as well as four international organisations. ‘The objectives of the project completely correspond to state policy established by the Ministry of Nature Protection – to ensure environmental security, including the reduction of environmental harm, conducting risk assessments, and providing environmental protection,’ said Khachik Hakobyan, Deputy Minister of Nature Protection. The estimated budget for this four-year programme is €12.5 million, of which €10 million will be granted by the EU. The four international partners, which include the Organisation for Economic Co-operation and Development, the United Nations (UN) Economic Commission for Europe, the UN Environmental Programme, and the UN Industrial Development Organisation will provide support under various elements of the programme. The programme is regional, yet many of its activities will be implemented nationally. The results will be shared in various regional forums. Both policy support- and enterprise-level demonstration projects are envisaged.