WWF Mongolia, XAC Bank of Mongolia, Nomadic Journeys LCC united for nature conservation
They have signed a cooperation agreement to establish a fund for supporters of nature conservation.
Our lives are dependable on biodiversity. Biodiversity is the diversity of ecosystems, where biotic organisms including fauna, flora, micro-organisms, and their genetic funds and habitats exist. It provides the human beings with the ecological services that are irreplaceable and is the only source of humans’ accommodation, food & nutrients, medicine, clothes, & beauty product manufacturing. But the species are disappearing at an alarming rate. Today,130 species become extinct each day. That’s over a 1000 times higher than natural extinction rate. Biodiversity is being lost in order to supply the unlimited needs of humans. A non-sustainable use of resources resulted in 25 percent overexploit of the earth’s bio carrying capacity. If this wasteful and unregulated consumption and use by humans is not changed, the humans would need another planet to live in by 2035 or only in 25 years. Can we find the secondary planet to live in? This is a question that needs to be answered.Through this topic WWF Mongolia Programme Office, XAC Bank and Nomadic Journeys LCC have agreed to in mutual a consent to support biodiversity conservation in the Onon river basin including illegal activity. WWF Mongolia country representative B. Chimed-Ochir, M. Bold, Chief Executive Officer XAC Bank of Mongolia and R.Enkhtaivan, director of Nomadic Journeys LCC have signed a cooperation agreement (2010.10.18) to establish a fund for supporters of nature conservation. Income from capital can be used for providing incentive for local community members in conserving biodiversity.