Resilience for Lake Sevan: Leveraging the Economic Value of Ecosystem Services for Strategic Pollution Control Investments
We are pleased to share that our work was published as knowledge product at Asian Development Bank publications: “Resilience for Lake Sevan: Leveraging the Economic Value of Ecosystem Services for Strategic Pollution Control Investments in Armenia.” Valuing Lake Sevan’s ecosystem services at approximately $397 million annually, the publication assesses eutrophication risks, amplified by climate change, and evaluates three wastewater treatment scenarios as critical solutions for preserving both the lake’s tangible and intangible value. We appreciate the strong collaboration and partnership with the Asian Development Bank team in translating economic and environmental analysis into practical, investment-ready priorities for Armenia.
Road Sector Risk Map includes flood, rockfall and Landslide risk points
Amid turbulent year the banking sector reported impressive growth and solid profitability, however there is outlook for higher risks.