TCF is currently implementing “Conservation of the Eg-Uur Watershed” project financed by Global Environmental Facility (GEF) through the International Finance Corporation. The project has been established to develop a natural resource management plan, collaborative management system and community-based enforcement system for the Eg-Uur Watershed.
The project aims to establish a partnership between the local communities, government institutions, and tourist companies to collaboratively and proactively establish a natural resource management regime for the Eg-Uur watershed area (EUWA). The financial sustainability and biodiversity conservation vehicle for the project is high-end, low impact catch and release fly-fishing ecotourism. The project treats the taimen as a locally managed concessionable natural resource, rather than simply a public good, thereby enabling local communities to maximize the economic returns from its use in sustainable manner.
The local communities, cultural beliefs, and practices make this project possible. The traditional Buddhist beliefs of the local people treasure the taimen and its mythical role as the protector of the Eg-Uur watershed. The project aims to strengthen this Buddhist belief system through the re-construction of the Dayan Derkh monastery as a way to disseminate traditional cultural values of conservation among the local population while promoting the complimentary nomadic way of life.