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Forum ‘Climate Investment Partnership' takes place in Ulaanbaatar www.montsame.mn

Ulaanbaatar/MONTSAME/ A forum titled ‘Climatic investment partnership’ was organized on December 19 in Ulaanbaatar city to hold contacts between investors and businessmen who finance projects and programs to mitigate greenhouse gas (GHG) emissions of Ulaanbaatar city.

During the event, participants from Mongolian and Chinese business sectors discussed opportunities to implement climate green projects jointly in Ulaanbaatar.
In accordance with Paris Agreement, Mongolia is obliged to mitigate GHG emissions by 14 percent by 2030. As Ulaanbaatar is the largest GHG producer of the country, the city needs to have independent policy and plan of actions. Ulaanbaatar city's contribution to mitigate climate changes was defined to be 7 percent or the half of Mongolia’s contribution.

At the forum hosted by the Governor Office of Ulaanbaatar and Environment Department of Ulaanbaatar city and others, Mongolian side made a presentation on projects of Ulaanbaatar city’s contribution to mitigate climate changes, law on energy saving, relevant national program, Ulaanbaatar city’s plan of climate investment, construction of green schools and kindergarten as well as reduction of heat loss of residential apartments. Chinese association of energy service provided a report on energy saving and energy service business development. Business organizations of two countries also held bilateral meetings.



Published Date:2017-12-22