Oct. 23 2019
Seoul, Republic of Korea

The Global Green Growth Institute and the Ministry of Environment and Tourism of Mongolia have signed a Memorandum of Understanding on Green Growth cooperation on 23 October 2019 in Seoul, Republic of Korea, during the Global Green Growth Week 2019.

Dr. Frank Rijsberman, GGGI Director-General and Hyoeun Jenny Kim, GGGI Deputy Director-General, Head of GGP&I, and other senior management team member hosted a bilateral meeting with the Mongolian delegation led by H.E Minister Tserenbat Namsrai, Minister of Environment and Tourism of Mongolia. Parties signed a cooperation MoU during the meeting, which will further strengthen cooperation between GGGI and MET.

H.E Tserenbat. N, Minister of Environment and Tourism expressed his appreciation to GGGI for the support and cooperation with the Government of Mongolia through his Ministry. Since 2011, GGGI has provided technical support and policy advice in defining long-term strategies  and plans for the green development of Mongolia. The Minister also marked his appreciation for GGGI’s efforts in support of the establishment of the Mongolia Green Finance Corporation (MGFC), which will demonstrate private sector engagement in financing green development. In his speech, the Minister expressed his hope for GGGI to continue supporting Mongolia in its need to identify better solutions and technologies to address extreme weather conditions; find financing for green projects.

GGGI services to Mongolia support the implementation of the country’s Sustainable Development Vision 2030, INDC and National Green Development Policy and focus, for the current biennium, on policy implementation and green investment project development in the area of energy (energy efficiency, RE), air pollution reduction as well as policy advice for enhanced climate ambition.

About the Ministry of Environment and Tourism of Mongolia
The Ministry of Environment and Tourism is a cabinet position charged with planning, implementing and monitoring of policy and coordination in environment, sustainable green development and tourism. It`s main goals are to maintain ecological balance, use natural resources properly, and create condition for environment to be rehabilitated by its own. Moreover, the Ministry is working on keeping nature balance by developing ecologically friendly sustainable tourism, initiating collaboration among government, citizens, and entities to sustain green development and ensuring human rights to live in safe and healthy condition.

As of today, the Research Institute of Meteorology, Hydrology and Environment, 30 Special Protected Areas Administration, 20 River Basin Administration, the Freshwater Resources and Nature Conservation Center, the Forest Research and Development Center, State-owned organizations including Mongol Water, Mongolia and Kuwait Research Center, the Sustainable Tourism Development Center NGO, and other Nature Conservation Found are operating under the Ministry of Environment and Tourism.

About the Global Green Growth Institute (GGGI)
Based in Seoul, GGGI is a treaty-based international, inter-governmental organization founded to support and promote green growth. The organization partners with countries to help them build economies that grow strongly, are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. To learn more about GGGI, see  https://gggi.org and follow us on Facebook , Twitter and YouTube.

About the Global Green Growth Week 2019 (#GGGW2019)

The Global Green Growth Institute (GGGI) is hosting the Global Green Growth Week 2019 (GGGW2019) during October 21-25 in Seoul, in cooperation with LG Chemical, REN21, the Korea International Renewable Energy Conference (KIREC 2019), the Green Growth Knowledge Platform (GGKP), the Incheon Global Campus, the Ministry of Foreign Affairs of the Republic of Korea, and AMCHAM Korea.