GCF board meeting to be organized in Mongolia

2022-05-04 13:29:28

Ulaanbaatar /MONTSAME/. On the sidelines of his working visit to the Republic of Korea, Minister of Environment and Tourism B.Bat-Erdene held a meeting with Executive Director of the Green Climate Fund (GCF) Yannick Glemarec.

During the meeting, the results of the projects implemented by the GCF in Mongolia were discussed. The GCF has implemented about 20 projects in Mongolia in the past and funded about USD 400 million. Executive Director Yannick Glemarec expressed his satisfaction with the results of the project, emphasizing that Mongolia is a model country for project implementation.

Moreover, Executive Director Yannic Glemarec voiced the intention to hold the GCF board meeting in Mongolia in October this year. In turn, Minister B.Bat-Erdene said that the country is welcome to host the meeting.

At the end of the meeting, Minister B.Bat-Erdene expressed willingness to continue the Ministry's cooperation with GCF on environmental issues, including climate change, sustainable forest management, and greenhouse gas reduction, which are of concern not only to Mongolia but also to the world.

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