Investing In Nature as a Climate and Development Opportunity for Mongolia
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Washington, DC: World Bank
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This policy note synthesizes the
results of collaboration between the Government of Mongolia
(GoM) and the World Bank that produced a body of analytic
and advisory work that can be used to generate
policy-relevant knowledge to manage and finance Nature-based
Solutions (NbS) to address development and climate change
challenges. The Note highlights key policy messages to
harness the potential of NbS in Mongolia. Its key audience
is the new Ministry of Environment and Climate Change
(MECC), the National Forestry Agency (NFA), the Ministry of
Economy and Development (MED), and the Ministry of Finance,
in addition to development partners, local governments,
relevant nongovernmental organizations, and private sector
players. To generate policy-relevant knowledge, the Note
identifies the development and climate co-benefits of NbS,
demonstrates that this potential is possible but will
involve a combination of public and private sector
initiatives and efforts, identifies institutional and
regulatory gaps, and suggests ways forward. The note also
suggests a process that starts with policy but supports
implementation and scale-up through institution, capacity
building, and investment at the landscape level using
various funding mechanisms.
Palabras clave
RURAL PRODUCTIVITY, RESILIENCE, NATURAL CAPITAL, NATURE-BASED SOLUTIONS (NBS), CLIMATE CHANGE
