The devastating floods in the Lori and Tavush regions of Armenia in May 2024 affected around 40,000 people and caused overall losses worth US$33 million, according to the Post-Disaster Needs Assessment (PDNA) presented in Yerevan on 22 November.
The presentation took place as part of the fifth series of policy dialogues of the GREEN Armenia (Growth and Recovery to Empower, Equip and Nurture Armenia) project, with the participation of Tigran Khachatryan, Deputy Prime Minister of Armenia, Vassilis Maragos, Head of the EU Delegation to Armenia, Natia Natsvlishvili, representative of the United Nations Development Programme (UNDP) in Armenia, and other officials and representatives of development organisations.
The PDNA was carried out across nine consolidated communities in the affected regions, in partnership with the EU Delegation.
According to the PDNA estimates, a total of US$49.5 million in damage was registered, while the total recovery needs are estimated at US$117 million across all sectors. Major negative effects were registered in most aspects of community life, including in housing and community infrastructures, while the highest overall effects were recorded in agriculture, business and transport, with the environment as a cross-cutting sector additionally contributing to increased losses.
The PDNA report will serve as a valuable resource for the Government of Armenia, donors, and development partners in shaping future institutional, recovery, and reconstruction actions. It will inform the development of policies, processes, and financial mechanisms aimed at fostering risk-informed and resilient development.
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