Armenia

Investment Policy 2009

This statement of Investment Policy sets forth the policy, objectives, and restrictions that apply to investment of the assets of the Caucasus Protected Areas Fund (CPAF). It was adopted on January 14, 2009.

investment-policy-2009-cpaf-caucasus.pdf

Operations Manual 2009 - Caucasus Nature Fund

This Operations Manual attempts to condense various provisions of the Caucasus Protected Areas Fund’s charter, by-laws, board decisions and operating practices, and the provisions of certain of its grant agreements, into a practical handbook of operations intended to be useful to employees and board members, donors and potential donors, and the CPAF’s partner countries and grantees interested in its mode of operations.

Part I covers all matters relating to the CPAF’s non-grant making operations, from organization and board matters to financial management. The information on investments and investing should be read in conjunction with the CPAF’s Investment Policy.

Part II covers the provisions from the CPAF’s charter and by-laws on our grant-making activities. We do not summarize the provisions of our application documentation or the Framework Agreements governing our operations in our partner countries.

operations-manual-2009-cpaf-caucasus.pdf