The report provides a comprehensive analytical foundation to inform the design and implementation of a carbon tax in Armenia.

The report outlines the methodology and findings of an in-depth assessment on enhancing GHG emissions disclosure in Armenia, with a particular focus on aligning with international practices and supporting private sector engagement. The methodology section details the use of desk research, stakeholder consultations, case study reviews, and benchmarking analyses to ensure a comprehensive and contextualized approach. The report then provides a country context overview, including Armenia’s economic profile, climate policy landscape, and current GHG emissions status. It further explores international experience in GHG emissions measurement and reporting, drawing lessons for national adaptation. The core of the analysis focuses on market trends in both the corporate and financial sectors, highlighting current efforts and gaps in emissions disclosure. The final section presents key recommendations, supported by stakeholder input gathered through structured interviews and online surveys, aiming to strengthen transparency systems and align Armenia’s private sector with emerging global standards.

The report offers a comprehensive explanation of Armenian debt, including its elements, time frame, projections, and risks, especially for the primary bilateral creditors, namely France, Germany, the USA, Japan, Russia, China, and the UAE.