Long-term Strategy to Reduce Greenhouse Gas Emissions to be Formulated

Environment
ts.sainkhuu@montsame.gov.mn
2025-04-21 12:11:17

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.  


Also, participants exchanged views on improving the draft Law on Climate, carbon market policy, and the successful organization of institutional systems. 

 

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