At the forum of Global Environmental Fund held in Minsk on 23-24 September the working group of Armenia proposed to adopt such a financial mechanism, which will enable the citizens to manage the measures aimed at leaching global warming. This mechanism is the civil circular investment fund, i.e. financial capital equally belonging to all the citizens in the country. The fund will have credits from all environmental fells, fees for ecosystem services, “carbon taxes” etc.
An extract from Aram Gabrielyan’s speech, UN Climate Convention National Focal Point, entitled “Green Energy Schemes for Low Carbon Towns”, “As the owners of the fund to the citizens, as an integral capital, the citizens will enjoy the right to be customers and not passive observers of this or that project aimed at mitigating climate change and adaptability to climate change…”
“Sure it would be childish to think that the civil circular investment fund will solve all the problems of climate change, but in our opinion, it’s first and foremost condition not to stand in the same place, but to move forward,” Aram Gabrielyan concluded.
16:20 October 07, 2015