Mongolia is seriously impacted by climate change affecting not only the environment but also inducing immense economic costs, affecting key industries and endangering jobs, wealth, and life of the Mongolian population.
Floods destroy infrastructures while dzuds and droughts cause crop and livestock losses. Apart from these direct impacts, further losses result from e.g. impaired production due to destroyed infrastructure and power outages.
Climate change will accelerate and amplify, which calls for appropriate, swift adaptation actions to curb from the negative impacts on the economy, environment and the people. In 2019, Mongolia launched its National Adaptation Plan (NAP) aiming at integrating climate change adaptation into existing policies and strategies across the most vulnerable sectors.
This report presents the economy-wide impacts of climate change and adaptation conducted for the main climate hazards and for four adaptation measures targeting at agriculture and water management to limit the negative climate change impacts on the Mongolian economy and people.
