Seven projects to be implemented with Green Climate Fund

Politics
Anudari.M
anudari@montsame.gov.mn
2020-04-24 16:07:25

Ulaanbaatar /MONTSAME/ At its plenary session, the State Great Khural passed a draft law on the ratification of the cooperation agreement between the Government of Mongolia and the Green Climate Fund (GCF). 


The Fund annually spends USD 100 billion for climate change mitigation. For the successful implementation of seven projects by Mongolia with investment from the GCF to reduce greenhouse gas emissions, the Cabinet resolved in May 2019, to enter into a cooperation agreement with the Fund. Accordingly, Minister of Environment and Tourism E.Tserenbat signed an agreement with GCF on November 22, 2019.

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