Greening the China-Mongolia-Russia economic corridor: A visual synthesis
Strategically located between Russia and China, Mongolia is ready to seize an exceptional development opportunity by signing onto a trilateral economic corridor project proposed under the Belt and Road Initiative. As a part of multi-billion dollar infrastructure investments in railways, roads, energy supply and mines, the China-Mongolia-Russia corridor aims to improve transportation among the three countries and further expand trade networks across Eurasia.
For centuries, Mongolia’s vast steppes and rich natural resources have sustained a unique nomadic lifestyle. With a mining boom and rapid urbanisation, the country is facing increased pressure on its land and fragile ecosystems. In this context, the Government of Mongolia set out aspirational 2030 Green Development Goals to transform the country’s economy from a resource-intensive growth model into one that is climate-resilient and efficient, while preserving its unique environment.
Will the China–Mongolia–Russia economic corridor incentivize sustainable infrastructure investment towards a green economy for Mongolia? What are the implications of infrastructure development for the environmental sustainability for Mongolia? What are the challenges and opportunities? This report offers an analysis of the key development projects, environmental pressure points and approaches to mitigation. Greening the China–Mongolia–Russia economic corridor – an opportunity not to miss – will take rigorous infrastructure planning, the implementation of strong sustainability criteria and safeguards and active cooperation among country stakeholders.