YEREVAN, February 4. / ARKA /. Ameriabank’s employees participated in a seminar on how to finance energy-related investment projects, organized as part of INOGATE’s Sustainable Energy project, the Armenia-based bank said in a press release.
The seminar covered such topics as "Energy Efficiency", "Renewable Energy ", "Climate Change» and “Sustainable Energy Development."
The bank described the seminar as ‘a unique opportunity for the bank's specialists to learn international experience on the example of the Austrian ERSTE BANK, as well as to have an exchange of experience through practical exercises.”
INOGATE experts presented new tools for decision-making and successful organization of the daily work in this area, which would raise the employees’ awareness about the importance of energy efficiency and renewable energy sources. These tools can also be used in practical work with clients, the bank said.
A banking expert Werner Weiss-Raabl presented the experience of ERSTE BANK in financing renewable energy and energy efficiency projects focusing on the existing risks.
Information was also presented on alternative energy sources, little used in Armenia, such as wind, solar and biogas.
“Our main goal is to improve the investment environment in energy saving systems,” said a key expert on sustainable energy Larry Hood. Thus, according to him, banking specialists are taught some tools that can help as quickly as possible to direct investors to the field of energy saving systems.
INOGATE program is a major initiative in the field of energy policy involving Central Asia countries and several former Soviet republics, including Armenia, involved in EU’s Eastern Partnership program.
Ameriabank is a universal bank providing investment, corporate and retail banking services. -0-