Meta Data
Draft: 
Yes
Revision of previous policy?: 
No
Draft Year: 
2015
Effective Start Year: 
2015
Scope: 
National
Document Type: 
Other
Economic Sector: 
Multi-Sector
Energy Types: 
All, Other
Issued by: 
Ministry of Nature Protection of the Republic of Armenia
Overall Summary: 
Armenia states its commitment towards limiting climate change under the UNFCCC. In relation to low carbon development, Armenia describes the term ‘fairness’ by applying the UNFCCC definition of ‘common, but differentiated responsibility’ to the increase of greenhouse gas concentration in the atmosphere, leading to climate change. The climate change mitigation actions should not reverse the social and economic trends, but contribute to the socioeconomic development of the Republic of Armenia. These actions must be based on an ‘ecosystem approach’, to create synergies between mitigation and adaptation actions in most sectors of the economy, facilitating fair regional cooperation and contributing to solidarity
Environment
Energy environmental priorities: 
Adaptation activities will be prioritized based on the most vulnerable sectors to climate change: [...] e. Energy [...].
GHG emissions reduction targets: 
The Republic of Armenia strives to achieve ecosystem neutral GHG emissions in 2050 (2.07 tons/per capita annual) with the support of adequate (necessary and sufficient) international financial, technological and capacity building assistance.---[C]onsidered greenhouse gases are: a. Carbon dioxide (CO2), b. Methane (CH4), c. Nitrous oxide (N2O), d. Hydrofluorocarbons (HFCs).
Decarbonization strategy: 
Consider 20.1 per cent as an optimal forest cover indicator of the territory of the Republic of Armenia according to the Armenia`s First National Communication to UNFCCC (1998) and Government Decision No 1232 of 21 July 2005 “On Adoption of the National Forest Program of the Republic of Armenia”. To achieve that indicator by 2050 and consider the obtained organic carbon absorptions and accumulations in the INDC and expand the impact period up that measure till 2100.---Apply the Nationally Appropriate Mitigation Actions (NAMA) format: as well as national and international Measuring Reporting and Verification (MRV) system for implementation of INDC mitigation component.
Carbon markets: 
In case of non-exceeding its total emissions quota (633 million tons) set for the period of 2015-2050 Armenia can credit non-utilized reduction to ‘carbon market’, or transfer it to the balance of emissions limitation envisaged for the period of 2050-2100.
Green finance: 
Develop an appropriate legislative and institutional framework for adequate financial assistance. For this purpose a targeted financial mechanism [...] should be created to finance climate change mitigation and adaptation projects: [...] internal (domestic) climate revolving civil fund, to be replenished on permanent base by allocations from environmental fees, ecosystem service fees, including "carbon taxing". [....] –external (international) financial mechanisms with resource provision following the principle of additionality, such as the Green Climate Fund, the Adaptation Fund, the Global Environmental Facility, bilateral and multilateral funds, and other sources.
Pricing
Carbon tax: 
Develop an appropriate legislative and institutional framework for adequate financial assistance. For this purpose a targeted financial mechanism [...] should be created to finance climate change mitigation and adaptation projects: [...] internal (domestic) climate revolving civil fund, to be replenished on permanent base by allocations from environmental fees, ecosystem service fees, including "carbon taxing".
Investment
Intellectual property rights: 
Establish institutional mechanisms to overcome barriers for the introduction of innovative technologies for climate change mitigation and adaptation, including strengthening the system of legal protection of intellectual property right.
Public Private Partnerships: 
The emerging financial mechanism will: [...] Create realistic and operational grounds for establishment and development of the reliable public- private partnership (PPP),[...].
Technology
Clean energy technology priorities: 
Establish institutional mechanisms to overcome barriers for the introduction of innovative technologies for climate change mitigation and adaptation, including strengthening the system of legal protection of intellectual property right.
Clean energy technology transfer: 
Ensure adequate technological assistance and create a favorable environment for technology development and transfer. [...] Ensure an open and transparent system of technology introduction and transfer as a contribution to the INDC, such as through the cooperation and experience exchange with "Climate Technology Center and Network" (CTCN) and through the establishment of a similar mechanism in the country (ArmCTCN).---Establish consistent process for professional training and education on climate change-related issues, as well as enhance cooperation at the international and regional levels.
Technology collaboration with other member States: 
Establish consistent process for professional training and education on climate change-related issues, as well as enhance cooperation at the international and regional levels.