The Billion Tree National movement in Mongolia, initiated by the President of Mongolia, aims to combat climate change, desertification, and land degradation through extensive tree planting efforts. Launched in 2021, the movement has garnered commitments from both public and private sectors, with a target of planting 1 billion trees.
In particular, the banking and financial sector pledged to contribute significantly, with a goal of planting 88.6 million trees, including 50 million specifically from the banking sector. To facilitate this, The Billion Tree Fund was established in March 2022, driven by the Central Bank of Mongolia and the Mongolian Bankers Association.
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In particular, the banking and financial sector pledged to contribute significantly, with a goal of planting 88.6 million trees, including 50 million specifically from the banking sector. To facilitate this, The Billion Tree Fund was established in March 2022, driven by the Central Bank of Mongolia and the Mongolian Bankers Association.
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