Germany pledges EUR 55.4 million for development cooperation
projects for 2018 and 2019 in the three priority areas energy efficiency,
sustainable economic development and biodiversity.
highest pledge in 26 years of cooperation was made during the intergovernmental
negotiations on October 09, signing on the protocol. The State Secretary of the
Ministry of Finance, S. Narantsogt, and the German Ambassador, Stefan Duppel,
opened the negotiations. The German delegation was led by Ms Kathrin Oellers
from the German Ferderal Ministry for Economic Cooperation and Development.
new pledge raises the total amount of German development cooperation with
Mongolia to over EUR450 million. Since 2016 over EUR 120 million were provided
by the German side, showing a clear increase in bilateral cooperation.
With the new pledges
successful projects such as the support for Mongolia's protected areas,
vocational education and training as well as for the German-Mongolian Institute
for Resources and Technology adiwill be continued. A new project to improve air
quality and children's health in the Ger areas of Ulaanbaatar through better
insulation of school and kindergarten buildings was also agreed upon.