AGP Executive Report
Last update: 9 hours agoUNCCD COP17 in Ulaanbaatar: Mongolia’s land restoration push is in full swing under “Restoring Land, Restoring Hope,” with warnings that pledges aren’t turning into fast, funded action; Indigenous groups and civil society are also protesting for stronger rights and real influence in negotiations. China–Mongolia Green Support: China is backing the summit and, beyond it, supplying saplings (over 11.7 million shipped by early June) and restoration know-how from Inner Mongolia, including ecological zone building and sandstorm monitoring. Land Restoration Gap: A new IUCN study says countries restored 124.3 million hectares—about 10.4% of pledged targets—while Mongolia’s degraded land is near 77%, with overgrazing and drought driving the crisis. Mining & Biodiversity Offsets: Mongolia’s environment ministry signed an MoU with the Chinggis Khaan Wealth Fund and the Mongolian Nature’s Legacy Foundation to apply science-based biodiversity offset measures tied to measurable habitat outcomes for mining impacts. MMC Coal Results: Mongolian Mining Corporation reported 1H2026 revenue of about US$586.2m (+69% y/y), driven by higher washed coking coal volumes and prices, plus contributions from gold and metals. Green Finance Moves: Mongolia launched the Mongolia Green Finance Corporation during COP17 to channel long-term climate and low-carbon investment via partners including the Green Climate Fund and XacBank. Renewables + Land Use: Experts at COP17 discussed how renewable energy expansion can restore degraded ecosystems if projects are planned with land protection, water harvesting, and biodiversity in mind.
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