For the third year in a row ADWISE Business and Legal Consulting is ranked by the world-renowned IFLR1000 ranking as a TIER-1 law-firm in Armenia (link to ranking), and our partner Ara Khzmalyan is ranked as one of the leading legal practitioners.
We are grateful to all our clients and partners whose feedback has helped us gain this recognition, and are committed to continue working to help them navigate the regulatory environment, minimize risks and find optimal solutions to old and new challenges.
We are excited to announce that ADWISE Consulting has begun work on a significant new project: “Armenia: Enabling Climate-Smart Regional and Local Infrastructure Development in Selected Communities.” This project, implemented within the framework of contract awarded by the World Bank, aligns with Armenia’s commitment to reducing greenhouse gas emissions by 40% by 2030, as part of its updated Nationally Determined Contributions (NDCs).
The project focuses on three communities: Areni, Dilijan, and Goris. The goal is to help the communities identify and prioritize climate-smart investments that will enhance the resilience of infrastructure in these areas, as well as reduce emissions. To achieve this, ADWISE Consulting will develop Climate-Smart Action Plans (C-SAPs) tailored to each community. These plans will outline specific actions, timelines, and budgeting needed to implement effective climate-resilient and low-carbon projects.
Our work includes a comprehensive review of existing policies, a diagnostic assessment of climate risks, and development of actionable recommendations to improve the uptake of sustainable investments. Engaging with key stakeholders, including local and national authorities, is a vital part of the process to ensure that our efforts are aligned with Armenia’s broader sustainable development goals.
This project marks a significant step towards a more sustainable and resilient future for Armenia’s communities, and we are proud to be at the forefront of this important work in partnership with the World Bank.
ADWISE Consulting experts are currently working on the “Strengthening Environmental Resilience and Fostering Sustainable Economy for Lake Sevan” project which is implemented by Asian Development Bank in collaboration with the Ministry of Environment.
The project is aimed at enhancing knowledge on climate-adaptive economic development while promoting environmental sustainability and disaster resilience.
The objective of the project is to provide capacity building for governmental and local stakeholders to enhance their climate adaptive planning and strategic spatial planning capabilities. This will be achieved through consultation sessions, workshops, roundtables, and visioning exercises. As a result:
Recommendations for policy reforms to improve the institutional setup for sustainable and climate-adaptive development plans will be provided.
Customized sustainable tourism practices will be developed.
Spatial and zoning plans for recreational areas that adhere to climate-adaptive economic development principles, including eco-tourism will be created
Criteria for development to safeguard and enhance the natural capital potential of Lake Sevan and its surrounding national park, including guidelines for harmonizing building exterior decoration with the natural surroundings will be established.
On 17 June, in the framework of Asian Development Bank’s “Strengthening Environmental Resilience and Fostering Sustainable Economy for Lake Sevan” project, ADIWSE Consulting experts conducted a stakeholder meeting.
During the meeting, international and national experts presented their findings and gathered feedback to ensure an inclusive approach in developing policy reforms, sustainable tourism practices, spatial plans for recreational areas, and criteria to protect Lake Sevan’s natural capital. The focus was on collaborative efforts to strengthen Lake Sevan’s environmental resilience and support a sustainable economy.
