Linking herders to carbon markets in Mongolia
It is an innovative high-risk / high-benefit applied research project. A pre-feasibility study concluded that a carbon sequestration finance project in Mongolia with an initial investment of the Swiss Agency for Development and Cooperation of 800,000 CHF could leverage private sector investment of US$14.6 million over a 20 year period. The project will explore incentive and sanctions mechanisms and promote policies that encourage more sustainable management of pastures.In order to capitalize on Mongolia’s potential in carbon sequestration, it is required to thoroughly investigate several areas of missing knowledge and key assumptions in this first project phase of two years. At present there are no approved methodologies for accounting of emission reductions from improvements in grassland management that are suitable to the Mongolian context, and practical ways to link herders to the carbon market have yet to be demonstrated. The objectives are to reverse grassland degradation, improve rural incomes and reduce herders’ vulnerability to climate variability and risk through supporting adoption of sustainable grassland and livestock management practices and product marketing by Mongolian herders.
| Country/region | Topic | Period | Budget |
|---|---|---|---|
|
Mongolia |
Agriculture & food security Climate change and environment
Agriculture value-chain development (til 2016)
Biosphere protection |
01.01.2011
- 31.12.2013 |
CHF 900'000
|
- Other OI
- Swiss Universities or FHS
-
Sector according to the OECD Developement Assistance Commitiee categorisation OTHER MULTISECTOR
GENERAL ENVIRONMENT PROTECTION
Sub-Sector according to the OECD Developement Assistance Commitiee categorisation Rural development
Biosphere protection
Type of support Official development assistance (ODA)
Type of collaboration Bilateral cooperation
Finance type Aid grant
Aid Type Project and programme contribution
Tied/untied aid Untied aid
Project number 7F07809
| Directorate/federal office responsible |
SDC |
| Credit area |
Development cooperation |
| Project partners |
Contract partner Other International Organization Swiss Academic and Research Institution |
| Budget | Current phase Swiss budget CHF 900'000 Swiss disbursement to date CHF 895'942 |
| Project phases |
Phase 1 01.01.2011 - 31.12.2013 (Completed) |