GEF approved funding, channeled through ADB, for a restoration project at Lake Sevan in Armenia, involving UNDP.

The entities involved

• Asian Development Bank →

  regional development bank

  • Talks are underway between the World Bank and Asian Development Bank regarding reconstruction and alternative trade routes for Nepal.13:08
  • The Asian Development Bank is providing emergency financial assistance to Maldives due to economic fallout from conflicts in West Asia.08:42
• Global Environment Facility →

  public funder of projects to improve the global environment

  • The Global Environment Facility (GEF) provided funding to the National Environment Agency (NEA) for project execution.Wed 14:49
  • FAO supported countries in accessing grants provided by the Global Environment Facility (GEF).Tue 18:01
• Lake Sevan →

  lake in Armenia

  Nothing else this week.

• Armenia →

  sovereign state in the South Caucasus region of Eurasia

  • Karapetyan leads the opposition faction while Pashinyan addressed Azerbaijan regarding constitutional reform.17:30
  • IUCN presented its findings at the COP17 conference held in Armenia.15:55

Related events

• Armenpress reported on general actions taken by the Armenian government regarding Lake Sevan.Oct 20
• The Global Environment Facility (GEF) has committed funds to support land restoration efforts across Africa.Oct 8
• UN highlights global dependence on biodiversity while Matevosyan seeks funding for Lake Sevan projects.Oct 22