From the perspective of natural beauty and value, the area of Mojkovac represents a special place. The territory of its municipality includes Biogradska Gora National Park, Durmitor National Park, and the catchment area of the Tara River - an internationally protected nature area, placed under the protection of UNESCO 1977 (within the program "M&B" - "Man and the Biosphere"). On the territory of the municipality of Mojkovac, one nature reserve is also registered - Crna Poda (80 ha in area, within the "Durmitor" National Park), a black pine reserve at the beginning of the Tara River Canyon, near the settlement of Bistrica.
The area of the Biogradska Gora National Park includes parts of the territory of the Kolašin, Mojkovac, Berane and Andrijevica Municipalities. The national park covers an area of 5,650 ha, of which 370 ha is within the municipality of Mojkovac.
The border of the National Park in Mojkovac starts from the Tara River at an elevation of 832 m, across Jarčeve Strane to Polygon 2032, and from there to an elevation of 2005 m. The border then turns eastward and emerges on the ridge above Lake Šiško, then turns in an arc and emerges on Velika Ostrovica at an elevation of 1907 m - capturing Veliki Ursulovac and emerging at Crna Glava, with an elevation of 2137 m. From there, the border extends westward, emerging at an elevation of 1898 m, exiting at Troglav, then extending to katun Vranjak - elevation 1787, turning to the north-west at elevation 1890, Katuns Goleš and Crvena Greda, then emerging at Donji Lume – elevation 1728, and descending to Lumerski Potok. Then the border extends to the confluence of Lumerski Potok in the Tara River, turns in a northerly direction, and goes along the left bank of the Tara River to the starting point.
The territory of the "Durmitor" National Park today covers an area of 33,895 ha (according to the PPPPN NP "Durmitor"), of which about 3,000 ha of it is in the territory of Mojkovac Municipality. With the adoption of the Laws on National Parks in 1978, 1991 and 1994 ("Official Gazette of the Republic of Montenegro", No. 27/94), its borders, park management, special protection zones and measures for the arrangement and improvement of natural resources were formed. The border of the Durmitor National Park on the territory of the municipality of Mojkovac also represents the border of the Tara River basin. Within the Durmitor National Park, the following natural assets of preserved autochthonous nature stand out: the "Crna poda" locality, the immediate surroundings of Lake Zaboj,a special nature reserve, the Manastirska Vrela and the Skok waterfall in Dobrilovina, a hydrographic-hydrological monument of nature, the Škola caves and Šalintrača in Dobrilovina, as a monument of nature as well as geomorphological values in the protection zone of the Park. (Mountain peaks of Prošćenjske mountains include Sveviđe, Ljeljeni vrh, Konjska lastva, etc.). In addition to the mentioned hydrological, geomorphological and speleological sites, the National Park area also contains the habitats of a large number of protected plant and animal species (many of which are of regional and international importance), as well as individual specimens of endemic, relict and endemic-relict floristic specimens.
A special natural, biological ecosystem and hydrological phenomenon in the area of the municipality of Mojkovac is represented by the Tara River and its catchment area.
The area of Mount Sinjajevina on the territory of Mojkovac Municipality represents an area of exceptional tourism potential based on the preservation of natural and ecological characteristics, primarily as a consequence of being scarcely ever inhabited by humans. This mountain abounds in vast pastures and meadows, karst landforms (sinkholes, coves, pits), shorter rivers (Štitarica, Bistrica) and numerous springs. By putting Sinjajevina under special protection as a regional nature park, a kind of ecological corridor of protected areas would be formed on the territory of the municipality (Durmitor National Park and Sinjajevina Protected Region), which would record the potential natural values of these areas, adequately valorize them, and manage them in a way to establish the sustainable development of these mountain systems.
