COP17 in Mongolia Wraps up with 1.3 Billion Dollars for Green Investment Pledge
4 Articles
4 Articles
The 197 Parties obtain funding and progress to restore lands and pastures, but transfer to COP18 the agreement aimed at changing the global paradigm: anticipating droughts rather than reacting when damage is already done.
The whole world is struggling with climate change and trying to make a small contribution. Mongolia is the country most affected by this change, with the average air temperature increasing by more than twice the global average. According to the statistics of the 2022 National Greenhouse Gas Inventory, which was submitted to the UNFCCC in 2025, 42.04 percent of the total greenhouse gas emissions in our country are from the energy sector. In other…
The 17th Conference of the Parties to the United Nations Convention to Combat Desertification (COP17) has proved that saving the planet can be not only a noble, but also a financially beneficial, and so long as the major world Powers are arguing about multilateral policy principles, Ulaanbaatar has brought 197 delegations, banks and private investors together to conclude an unprecedented agreement — the mobilization of $1.3 billion for green inv…
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