Armenia grants P&Is to GCF

Armenia today signed a Privileges and Immunities agreement with GCF. Erik Gregoryan, Armenian Acting Minister of Nature Protection, signed the agreement with GCF Executive Director a.i. Javier Manzanares in the margins of COP24. The agreement, which is in line with those of other international organisations, will protect GCF's assets and ensure the effective performance of the Fund's activities. Signing such agreements was recommended in a decision of the COP for parties to the UNFCCC.