On Wednesday, the Asian Development Bank (ADB) and the Mongolian Government launched a USD 500,000 project to help the country’s forest ecosystems better counter climate change.
‘The project is aligned with the ADB’s broader strategy to make economic growth more environmentally sustainable and preventing the degradation of key natural resources, while supporting the livelihoods of local communities,’ said Yolanda Fernandez Lommen, ADB country director in Mongolia.
The project will identify official seed stock to supply high-quality forest seeds for more climate-resilient forest regeneration.
Capacity building in forest management will be supported in three provinces: eastern Khentii, northwestern Khuvsgul and northern Selenge.