Mongolian Fund Proposes Results-Based Conservation Financing
The Mongolian Nature's Legacy Fund used a COP17 panel to propose that environmental funding be released against measurable results and predefined criteria rather than activities or spending alone. Board chairman M. Boldoo said the proposal would be submitted to the Ministry of Finance and argued that conservation expenditure should be treated as long-term investment. He cited Mongolia's sustainable-finance initiative, launched in 2013, and the 15-year Eternal Mongolia conservation program. Banks and private actors are already financing water storage, spring restoration, local schools and green herder loans, but the proposed public-finance reform has not yet been adopted.
M-International Editorial DeskUpdated August 24, 2026
At COP17's panel on long-term conservation financing, Mongolian Nature's Legacy Fund board chairman M. Boldoo proposed a criteria-based system that would link disbursement to measurable environmental outcomes. The organization plans to submit the proposal to the Ministry of Finance.
The speaker cited Mongolia's sustainable-finance initiative, begun in 2013, and the 15-year Eternal Mongolia program as foundations for longer-term conservation finance. Examples of private-sector activity included water ponds, spring restoration, local schools and sustainable herder loans. The proposal seeks to evaluate habitat and ecosystem improvement rather than count only projects or money spent. It remains a policy proposal, and the source did not provide its metrics, approval status or fiscal allocation.