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  • Mongolian nomads create shared funds and financial security

    Herders in Mongolia have resorted to cooperative shared funds to keep their pastures afloat, a sign of a slow tilt towards greater collaboration and trust in the area. The shared funds act as a way for herders to borrow and lend money among themselves, helping local communities build financial security in a time when climate change is negatively impacting their pasture land.

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  • Post-Soviet Co-ops: Mongolian Herders Borrow a Tool From the Recent Past

    Members of Post-Soviet Mongolian tribes return to a co-op way of life in order to survive - but this time, the co-ops are community run, rather than state-run. Because climate change has degraded the quality of soil and made it difficult for pasture-raised animals to survive, these tribes have banded together to manage pastureland more efficiently and sell their products, as a group, to national companies.

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