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Կենտրոնական բանկ

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Financial Stability
  • The Importance of Financial Stability
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  • Core functions
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  • Climate Risk Map of Armenia

Climate Risk Map of Armenia

The Central Bank of Armenia, with the support of the Asian Development Bank, has developed climate risk maps for Armenia. They present climate and natural hazards across the country at the settlement level and provide a common information base for an initial assessment of those hazards.

The maps include layers covering, among other hazards, drought, heat, floods, mudflows, landslides, hail, frost and water availability. Users can examine individual hazards, compare settlements and identify areas where more detailed analysis may be needed.

The tool is intended primarily for financial institutions. By combining the maps with information on clients, assets and portfolios, institutions can better understand physical climate risks in lending, collateral assessment, insurance and portfolio management, and consider possible adaptation measures.

The maps can also inform regional and infrastructure planning, agriculture, water resource management and research. They provide an initial view and do not replace local investigation and professional assessment of a particular property or project.

Maps

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