USD 200 million to be devoted to nature conservation in MongoliaEnvironment
Ulaanbaatar /MONTSAME/. On August 25, Minister of Environment and Tourism B.Bat-Erdene received Chief Executive Officer of The Nature Conservancy Jennifer Morris.
The international organization has been contributing to the evaluation of the Gobi and steppe ecological regions of Mongolia, conducting research to determine the areas that need protection, and providing professional advice and assistance necessary for special protection. At the meeting, the parties exchanged views on further cooperation and signed a memorandum of cooperation.
As part of this memorandum, the ‘Sustainable funding program for nature conservation’ will be implemented in Mongolia. This program aims to help Mongolia fulfill its obligations under the Convention on Climate Change and Biological Diversity, as well as its Sustainable Development Goals. Moreover, USD 200 million will be devoted to nature conservation in Mongolia over the period of 10 years.