Conservation Trust Fund Established in Mongolia
SocietyUlaanbaatar, July 10, 2023 /MONTSAME/. On the sidelines of the “Mongolia Economic Forum-2023,” the
Ministry of Environment and Tourism announced that The Nature Conservancy (TNC)
is launching a Conservation Trust Fund in Mongolia.
This Fund is established in alignment
with the green development goal of the New Revival Policy, which is being
implemented by the Government of Mongolia. The purpose of the fund is to create
and manage a sustainable financing mechanism for the nature conservation sector
and to implement long-term nature conservation projects and programs.
The Conservation Trust Fund in Mongolia will provide great impetus for
protecting biodiversity, scaling up climate change actions in accordance with
the Paris Agreement, and achieving the goal of reducing greenhouse gas
emissions by 22.7% by 2030, as set in the Nationally Determined Contributions of Mongolia.