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    World

    Mongolia commits up to 1% of GDP to tackle climate change

    Mongolia commits up to 1% of GDP to tackle climate change

    In Mongolia, one of the countries most affected by climate change, the temperature has increased by 2.25% over the past 80 years, which is twice the global average. With 77% or 120 million hectares of Mongolian territory affected by desertification, the government has decided to allocate up to 1% of its GDP annually to combat climate change and desertification.

    Furthermore, the number of annual natural disasters has more than doubled in the last 25 years, with weather-related disasters affecting 8% of Mongolians each year, resulting in a 0.6% GDP loss.

    Although Mongolia's greenhouse gas emissions are relatively low (0.1% of global emissions), the country consistently supports international efforts to mitigate and adapt to climate change, making its own contribution.

    At the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change, Mongolia set a target to reduce greenhouse gas emissions by 27.2% by 2030 and declared its policy and goal of achieving zero greenhouse gas emissions by 2050.

    "We are working towards the development of the food and agriculture sectors in line with green development principles. For example, projects, programs, and initiatives implemented under the national movement of 'Food Security and Safety' will support green development," - noted the President of Mongolia.

    To achieve these strategies and goals, Mongolia is implementing them through domestic policies and action plans in key sectors such as agriculture, energy, infrastructure, and healthcare.

    "Mongolia has significant potential for renewable energy sources, estimated at 2600 gigawatts due to its geographical location and climate conditions. Therefore, special attention will be given to increasing the share of renewable energy sources and actively collaborating in this field with investors and the international community,"- emphasized the Head of Mongolia.

     

    #climatecgange #Mongolia 

     

    16.06.2023, 08:19   Comments (0)   924
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