Armenia Renewable Resources and Energy Efficiency Fund (the Fund) is a structure creating development environment for renewable resources and energy efficiency sectors by introducing best practice of sustainable energy aimed at ensuring energy security and freedom and ensuring economic growth in Armenia.
The Government of Armenia has created the Fund aimed at:
a) Promoting investments in renewable resources and energy efficiency sectors
b) Promoting market development
c) Promoting reduction of man-made impact on environment and human health
d) Elaborating mechanisms directed to increasing the level of energy safety and reliability,
e) Organizing on behalf of the Government implementation of credit and grant projects promoting sector development.
Promote energy security and energy freedom of Armenia through development of renewable resources and energy efficiency sector.