Green Economy

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Mongolia hailed for efficiency steps 2017-06-20 11:29

IATA has welcomed the steps the Mongolian Civil Aviation Authority is taking to help airlines improve efficiency and reduce greenhouse gas emissions.   Mongolia has taken significant action in improving air traffic management infrastructure, through continued implementation of Performance-B..

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The opportunity for the establishment of a financial irrigation system in Mongolia 2017-03-16 11:26

One of the biggest banking and financial institutions, London-based HSBC has suffered major reputation damage and financial losses due to a loan extended in 2012.[1] The loan covered consulting services plus a GBP 100 million loan provided to its client based in Sarawak, Malaysia. However, the b..

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Financial weapon against air pollution 2017-03-09 14:24

A Green Loan Fund that is to play a major role in combatting air pollution is ready to start operations, informed the Mongolian Bankers' Association (MBA). Created to be an investment fund that will also have a significant impact on the development of financial markets, the project is a combined e..

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Economising Water 2015-07-28 17:46

 It requires 3,500 litres of water to produce one kilogram of white rice. For one kilogram of beef? At least 15,000 litres of water. Producers rarely consider how much water they’re using to make their goods. President of Mongolia Ts.Elbegdorj has made water a priority in his term in of..

World Water Day

Economising Water 2015-03-23 15:45

It requires 3,500 litres of water to produce one kilogram of white rice. For one kilogram of beef? At least 15,000 litres of water. Producers rarely consider how much water they’re using to make their goods. President of Mongolia Ts.Elbegdorj has made water a priority in his term in office. ..

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Government progress in green development 2014-12-04 15:57

Kh.Khishigjargal is a senior specialist of Green Development Policy and Development at the Ministry of Environment and Green Development. The Ministry’s green development policy was recently approved by the parliament.   What is the purpose of the latest green economy policy? There h..

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Tsogt-Tsetsii soum to welcome 50 MW Wind Farm within 5 years 2014-10-06 09:43

The Energy Regulatory Commission has reached a decision to construct a 50 megawatt wind farm in Tsogt-Tsetsii soum, Umnugobi province. The approved five-year permit of construction was given to Clean Energy LLC.   Mongolia is seeking alternatives to fossil fuels like coal to power its indus..

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Toward a greener economy 2014-09-19 11:16

Several recent initiatives highlight Mongolia’s commitment to a greener economy. An experimental study is to be conducted by the National Statistical Office of Mongolia, with the help of the UN’s International Labour Organisation, to define the concept of a green working environment..