UNDP supports Mongolia to become eligible for REDD+ funds
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A mechanism is being established to support countries to reduce emissions and conserve and expand forest at the same time. This mechanism is known as REDD+ (Reducing Emissions from Deforestation and Forest Degradation). Governments of developed countries have made pledges of over 3 billion US$ to support this initiative. A number of steps are required to become eligible for REDD funds. To support countries in this process, UNDP, UNEP and FAO set up the UN-REDD Programme (http://www.un-redd.org/).
As part of this programme, Mongolia is one of 8 countries included in a regional UNDP project to support in the preparation of a national REDD+ Strategy and participate in a regional platform. Having such a strategy is one of the requirements for Mongolia to access the REDD+ funds. REDD+ is an important opportunity for Mongolia to preserve and expand its forests, and generate revenue by doing so.
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