The World Bank and the Renewable Resources and Energy Efficiency Fund in Armenia signed a Grant Agreement in Yerevan on April 28, 2006. US$3.1m in subsidies will be provided by GPOBA to improve the access to gas and heating services for poor households in urban multi-apartment buildings outside of the capital city, Yerevan.
With heating now available in their homes, 8,000 poor urban households in Armenia have one less worry during the country’s harsh winters and the lingering economic crisis that has hit them the hardest. Armine Grigoryian, Public Information Assistant at the World Bank's Yerevan office, shares the story.
Gas-based heating offers a clean, efficient, low-cost heating solution for poor urban households in Armenia, a country with severe winters. But many low-income households cannot afford the cost of connecting to gas networks and heating facilities or the cost of heating equipment.