OSCE Office helps develop renewable energy resources in Armenia

YEREVAN, 17 July 2009 - A presentation on the OSCE Office in Yerevan's work to help introduce and develop Clean Development Mechanisms in Armenia's Syunik region was held today in Yerevan.

The presentation focused on the OSCE's Programme Implementation Presence in Syunik's work to help a group of selected small-scale hydropower plants start Clean Development Mechanisms. Such mechanisms based on the Kyoto Protocol, seeks to promote investments in greenhouse gas reduction with the principle of economic acceptability and environmental security.

"To develop and use new and renewable sources of energy helps promote a higher level of energy security. The work of the OSCE Presence in Syunik aims to stimulate and encourage more efficient use of energy resources. Such work also promotes overall economic sustainability in the country," said Christoph Opfermann, Economic and Environmental programmes Officer at the OSCE Office in Yerevan.

Representatives from the government, the private sector and the international community attended the presentation and discussed projects that aim to reduce emissions in Armenia.