Issues of Green Procurement in the Republic of Armenia (By the Example of the City of Yerevan)

Green procurement as a green financing tool is an important prerequisite for building the green economy. By implementing green procurement, it is possible to ensure a green transformation, while ensuring sustainable development sa well. Ensuring the use of green procurement in the process of green transformation of Yerevan, the capital of the Republic of Armenia, is also a vital necessity. In this case, the study of the existing situation, the raising of issues and the presentation of the proposal for the use of the appropriate tool set are derived from the imperative of the green transformation of the capital city of Yerevan. Regarding public procurement in the Republic of Armenia there is no specific system for the implementation of green procurement, and the organization of these processes is based only on voluntariness. In this case, with the analysis carried out in the given paper, an attempt was made to evaluate the situation, and also the concept of the implementation of the green procurement system was presented.