Armenia's Transition to Circular Economy: Strategies and Initiatives
Armenia is advancing towards a circular economy, driven by EU-funded initiatives aimed at resource efficiency and waste reduction. This transition is crucial for enhancing economic resilience, particularly for small and medium-sized enterprises (SMEs) in the country.
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Armenia's transition to a circular economy is supported by various EU-funded grant programs aimed at reducing waste and optimizing resource use. The focus is on small and medium-sized enterprises (SMEs), which possess significant potential for adopting circular practices.
The EU4Green Recovery East program, with backing from the EU, promotes economic efficiency and sustainability through circular economy strategies. Furthermore, the United Nations Industrial Development Organization (UNIDO) assists in resource management and waste reduction efforts, specifically in industrial waste mapping. This initiative will provide insights into waste types and quantities, facilitating resource reuse.
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