LocationsUNDP supports Mongolia’s Strategic Engagement with Fund for Responding to Loss and Damage
October 17, 2024
Ulaanbaatar, 18 October 2024 – UNDP Mongolia hosted a workshop with key stakeholders to develop a strategic roadmap for Mongolia’s engagement with the Fund for Responding to Loss and Damage (FRLD). Established following the decisions made at the UN Climate Change Conference, the FRLD is a global initiative aimed at enhancing the preparedness of developing countries to access direct finance through international funds for addressing climate-related losses.
Mongolia has experienced a 2.46°C increase in average temperatures over the past 80 years, leading to frequent disasters such as dzuds, droughts, floods, sandstorms, and wildfires making it one of the most vulnerable developing countries to climate change. Further, a permanent increase in average temperatures, particularly in Mongolia, would result in permafrost loss which will not only release gigatons of methane but also threaten existing infrastructure as well as severely impact economic activities in the country.
In partnership with the Government of Mongolia, UNDP is offering technical support to draft a policy paper and roadmap for accessing the FRLD. By leveraging global climate finance mechanisms for mitigation and adaptation, the aim is to ensure Mongolia’s preparedness against both immediate and long-term climate threats.
Workshop participants, including representatives from the Government of Mongolia, development partners, and climate experts, discussed UNDP’s policy recommendations for accessing the Fund for Responding to Loss and Damage (FRLD) while sharing insights on the country’s vulnerability to climate change.
The discussions also focused on refining Mongolia’s strategy for securing critical funding to mitigate the impacts of extreme weather and slow-onset events resulting from climate change. The workshop highlights environmental challenges and discussed a comprehensive action plan to address gaps in Mongolia’s current preparedness to access the Fund; and equip climate negotiators with the tools needed to advocate effectively for the country on the global stage.
“Mongolia’s vulnerabilities to climate change demand immediate and sustained action. This workshop is a critical step in ensuring the country is well-positioned to access the Fund for Responding to Loss and Damage. It will help validate our action plan and enhance collaboration with international partners,” said Mr. Munkhzul Kh, Director General of Integrated Policy Planning Department, Ministry of Environment and Climate Change.
“We are pleased to partner with the Government of Mongolia to help navigate the complex landscape of climate financing. This marks a crucial step toward ensuring Mongolia is prepared to access critical international support for climate resilience and disaster risk management. The FRLD offers a significant opportunity to address loss and damage, and our joint efforts aim to secure Mongolia’s future in the face of these growing challenges,” said Ms. Matilda Dimovska, UNDP Resident Representative in Mongolia.
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About UNDP
UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet.
For further inquiries:
Erdenesukh Otgonbayar | Communications Analyst | UNDP in Mongolia | erdenesukh.otgonbayar@undp.org
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