Hosting COP17 to boost investment climate, says Armenian economy minister

Minister of Economy Gevorg Papoyan believes that hosting COP17 in Armenia will help improve the country’s investment climate.

“These days, Armenia is in the spotlight of everyone interested in environmental protection. It is expected that up to 15,000 people will visit Armenia during COP17. In addition to raising the country’s profile, hosting the conference will also improve the investment climate. Holding COP17 will help attract more investment to Armenia,” Papoyan told reporters.

The 17th meeting of the Conference of the Parties (COP17) to the Convention on Biological Diversity (CBD) is being held in conjunction with the 12th meeting of the Parties to the Cartagena Protocol on Biosafety (CP-MOP-12) and the sixth meeting of the Parties to the Nagoya Protocol on Access and Benefit-sharing (NP-MOP-6). COP17 marks the first global review of collective progress toward implementing the Kunming-Montreal Global Biodiversity Framework (KMGBF).