Green loan to households near Gandan monastery at first place

Translator E.Oyun-Erdene

2019-08-16 15:59 GMT+8

Green purchase is supported by National committee on reduction of air pollution according to “National program on reduction of air and environmental pollution”.

The committee concluded “Green loan” agreement with Khan Bank, Xac Bank and State Bank with purpose of giving opportunities to citizens to winterize their houses, use heaters and have eco toilet.

According to the agreement, citizens may receive loans up to MNT 40 million with interest of 0.7%, and 800-33000 citizens can be provided with the loan.

N.Tserenbat, Minister of Environment and Tourism said “Starting from today, citizens of Ulaanbaatar are able to purchase green products by 50% concessionary loan. We will include citizens living near Gandan monastery initially in order see the loan result in particular areas”.

The green loan products must be harmless to health, low power consumption and latest technological. The loan will be disbursed to citizen only due to 80% of air pollution of Mongolia is because of households burning coal in winter. 


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