Nov 17 2021

ADWISE CONSULTING DEVELOPED ESMS GUIDELINES

We were happy to once again contribute to the development of green finance practices in Armenia via developing Environmental and Social Management System Guidelines for Armenian banks.

In the framework of “Scaling up green finance practices in the Republic of Armenia” project commissioned by Green Climate Fund ADWISE Consulting in cooperation with an international consultant has developed ESMS guidelines for financial sector, providing methodological guidance on advancing green finance practices and tools based on the standards applied by climate funds and IFIs.

The guidelines were discussed with IFIs active in Armenia, Armenian banks, the Central Bank of Armenia.

In addition, ADWISE Consulting held trainings for Armenian banks and representatives of the Central Bank of Armenia and introduced in detail the content of the guidelines.

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