Carbon credit and it’s new registry regulation in mongolia
Mongolia has undertaken significant regulatory and institutional reforms in recent years to strengthen its carbon credit governance and prepare for active participation in international carbon markets under Article 6 of the Paris Agreement. This momentum has accelerated over the last several months, driven by new international agreements and domestic regulatory reforms that collectively position Mongolia as a regional player in carbon markets.
The Government of Mongolia adopted Resolution No. 91 on the revision of the Nationally Determined Contribution (NDC) for the implementation of the Paris Agreement on September 10, 2025. In accordance with the resolution and recommendations of the Conference of the Parties to the Paris Agreement, Mongolia has revised its Nationally Determined Contribution (NDC3.0) target for greenhouse gas emission reduction and adaptation measures up to 2035.
The resolution aims to reduce total greenhouse gas emissions by 4.9 percent in 2025, 23.0 percent in 2030, and 30.3 percent in 2035 compared to baseline levels, and to limit Mongolia's total greenhouse gas emissions to 54.8 million tons of carbon dioxide equivalent (CO₂-eq) in 2025, 56.6 million tons in 2030, and 56.9 million tons in 2035, respectively.
Article 6.2 of the Paris agreement “Parties shall, where engaging on a voluntary basis in cooperative approaches that involve the use of internationally transferred mitigation outcomes towards nationally determined contributions, promote sustainable development and ensure environmental integrity and transparency, including in governance, and shall apply robust accounting to ensure, inter alia, the avoidance of double counting, consistent with guidance adopted by the Conference of the Parties serving as the meeting of the Parties to this Agreement.”
