Long-term Strategy to Reduce Greenhouse Gas Emissions to be Formulated
Environment
Ulaanbaatar, April 21,
2025 /MONTSAME/. The
Ministry of Environment and Climate Change of Mongolia, the Ministry of
Economy and Development of Mongolia, and the World Bank jointly organized a multilateral discussion on April 15-17, 2025, to develop a long-term strategy on ensuring the readiness of the carbon market and the reduction of greenhouse gas emissions.
Participants of the discussion highlighted the importance of strengthening the coordination between the sectors and ensuring policy oversight to create a sustainable and climate change resilient future.
At the discussion, presentations were made on a draft Law on Climate, setting the foundations for the carbon market, greenhouse gas emission accounting, international good practices, and analysis on the regulatory environment.
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