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The Bank of Mongolia to support green and sustainable financing system www.montsame.mn
On April 18, the Bank of Mongolia and the Mongolian Sustainable Finance Association established a memorandum of understanding on cooperation.
The MoU aims to introduce and develop green and sustainable development financing products and services into banking and financial sector, and promote its implementation.
Climate change and environmental degradation are also issues of concern for Mongolia. Thus, the Bank of Mongolia is joining the global movement to study the impacts of climate change, cooperate with international organizations, public and private organizations to develop a green and sustainable financing system, and promote its implementation by using monetary policy and financial regulatory tools.
Published Date:2022-04-19
