Sharm El Sheikh, 8 November 2022 (TDI): During Conference on Parties (COP27) on climate change in Sharm El-Sheikh, Egypt, officials from Mongolia and European Union (EU) met in a side event.

The President of Mongolia, Ukhnaagiin Khurelsukh, and the President of the European Commission, Ursula von der Leyen, signed the Memorandum of Understanding (MoU) on Forest Partnership.

As a result of the MoU between Mongolia and the EU, Mongolia will be the first country from Asia to participate in the “Forest Partnership dialogue”, one of the green initiatives of the EU.

Also Read: Ambassador of EU presented credentials to Mongolian President

Partnership Areas

A statement released by the Ministry of  Foreign Affairs, Mongolia emphasized the importance of the Forestry Partnership as it will mitigate the negative effects of climate change.

Likewise, it will overcome the challenges in the forestry sector, and fulfill the country’s development needs and environmental protection goals.

The MoU will support the basic steps of sustainable forest management, such as forest regeneration, appropriate use and protection, and the creation of a forest-based economic sector and source of income, the statement noted

President of Mongolia, Ukhnaagiin Khürelsükh on left, and President of European Commission, Ursula von der Leyen on Right singing the MoU in a side meeting at COP27

Moreover, the partnership in the forestry sector can create thousands of jobs through sustainable forest management. Both sides will further cooperate on issues such as transferring the capacity of pastures to a suitable form.

In addition, this MoU issue affects forest degradation at the strategic & policy level. It will create a platform for open discussion of issues such as inter-sectoral coordination, land ownership, rehabilitation, inappropriate land use, & environmental crimes.

According to the statement, within the framework of the MoU, a system will be formed to support the long-term sustainable use of forest resources to mitigate and adapt to climate change.

Moreover, it will support good governance and sustainable management. In this vein, both sides in partnership will introduce advanced technologies and nature-based solutions to reduce greenhouse gas emissions.

On top of that, both Mongolia and the EU will improve biodiversity, and soil fertility conservation, provide technical assistance and facilitate access to knowledge platforms to support the production and enhance the quality of organic agricultural products.