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Mongolia|politics|March 29, 2024 / 09:44 AM
Government of Mongolia discusses law on reducing negative effects of climate change

AKIPRESS.COM - Minister of Mongolia and Head of the Cabinet Secretariat DashzegveAmarbayasgalan presented the draft law on reducing the negative effects of climate change on livestock husbandry, Montsame reported.

In the draft law, the livestock husbandry sector defines measures to overcome the difficulties of nature and climate with low risk. It includes regulations aimed at improving the value and competitiveness of livestock products by supporting cooperation and cooperative initiatives.

Additionally, the law proposes providing loans to citizens who join herdsmen's cooperatives through commercial bank sources. These loans would be guaranteed 100% from the loan guarantee fund.

The draft also outlines the model of primary and secondary cooperatives in accordance with regional characteristics, specifies the obligations of herdsmen and herdsmen's cooperatives involved in the provision of fodder planting conditions, and delineates the support provided by law.

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