diff --git a/doc/container.qbk b/doc/container.qbk
index 3f3812e..5030cae 100644
--- a/doc/container.qbk
+++ b/doc/container.qbk
@@ -1257,6 +1257,10 @@ use [*Boost.Container]? There are several reasons for that:
      found by Arthur O'Dowyer in his blog post
      [@https://quuxplusone.github.io/blog/2018/06/05/libcpp-memory-resource/ <memory_resource> for libc++]
 
+* Implemented proposed resolution for 
+  [@https://cplusplus.github.io/LWG/issue3120 ['"LWG 3120 Unclear behavior of monotonic_buffer_resource::release()"]].
+  After `release()` the original buffer is recovered for the next allocation.
+
 [endsect]
 
 [section:release_notes_boost_1_67_00 Boost 1.67 Release]
diff --git a/include/boost/container/pmr/monotonic_buffer_resource.hpp b/include/boost/container/pmr/monotonic_buffer_resource.hpp
index dfffe87..5a176a3 100644
--- a/include/boost/container/pmr/monotonic_buffer_resource.hpp
+++ b/include/boost/container/pmr/monotonic_buffer_resource.hpp
@@ -51,9 +51,11 @@ class BOOST_CONTAINER_DECL monotonic_buffer_resource
    : public memory_resource
 {
    block_slist       m_memory_blocks;
-   void*             m_current_buffer;
+   void *            m_current_buffer;
    std::size_t       m_current_buffer_size;
    std::size_t       m_next_buffer_size;
+   void * const      m_initial_buffer;
+   std::size_t const m_initial_buffer_size;
 
    /// @cond
    void increase_next_buffer();
@@ -131,7 +133,7 @@ class BOOST_CONTAINER_DECL monotonic_buffer_resource
    std::size_t remaining_storage(std::size_t alignment = 1u) const BOOST_NOEXCEPT;
 
    //! <b>Returns</b>:
-   //!   The number of bytes of storage available for the specified alignment.
+   //!   The address pointing to the start of the current free storage.
    //!
    //! <b>Note</b>: Non-standard extension.
    const void *current_buffer() const BOOST_NOEXCEPT;
diff --git a/src/monotonic_buffer_resource.cpp b/src/monotonic_buffer_resource.cpp
index f9f6f4c..29ffde1 100644
--- a/src/monotonic_buffer_resource.cpp
+++ b/src/monotonic_buffer_resource.cpp
@@ -63,6 +63,8 @@ monotonic_buffer_resource::monotonic_buffer_resource(memory_resource* upstream)
    , m_current_buffer(0)
    , m_current_buffer_size(0u)
    , m_next_buffer_size(initial_next_buffer_size)
+   , m_initial_buffer(0)
+   , m_initial_buffer_size(0u)
 {}
 
 monotonic_buffer_resource::monotonic_buffer_resource(std::size_t initial_size, memory_resource* upstream) BOOST_NOEXCEPT
@@ -70,6 +72,8 @@ monotonic_buffer_resource::monotonic_buffer_resource(std::size_t initial_size, m
    , m_current_buffer(0)
    , m_current_buffer_size(0u)
    , m_next_buffer_size(minimum_buffer_size)
+   , m_initial_buffer(0)
+   , m_initial_buffer_size(0u)
 {                                         //In case initial_size is zero
    this->increase_next_buffer_at_least_to(initial_size + !initial_size);
 }
@@ -81,6 +85,8 @@ monotonic_buffer_resource::monotonic_buffer_resource(void* buffer, std::size_t b
    , m_next_buffer_size
       (bi::detail::previous_or_equal_pow2
          (boost::container::dtl::max_value(buffer_size, std::size_t(initial_next_buffer_size))))
+   , m_initial_buffer(buffer)
+   , m_initial_buffer_size(buffer_size)
 {  this->increase_next_buffer(); }
 
 monotonic_buffer_resource::~monotonic_buffer_resource()
@@ -89,8 +95,8 @@ monotonic_buffer_resource::~monotonic_buffer_resource()
 void monotonic_buffer_resource::release() BOOST_NOEXCEPT
 {
    m_memory_blocks.release();
-   m_current_buffer = 0u;
-   m_current_buffer_size = 0u;
+   m_current_buffer = m_initial_buffer;
+   m_current_buffer_size = m_initial_buffer_size;
    m_next_buffer_size = initial_next_buffer_size;
 }
 
diff --git a/test/monotonic_buffer_resource_test.cpp b/test/monotonic_buffer_resource_test.cpp
index 568eb7b..82e7e54 100644
--- a/test/monotonic_buffer_resource_test.cpp
+++ b/test/monotonic_buffer_resource_test.cpp
@@ -404,21 +404,41 @@ void test_do_is_equal()
 
 void test_release()
 {
-   memory_resource_logger mrl;
-   const std::size_t initial_size = 1u;
-   derived_from_monotonic_buffer_resource dmbr(initial_size, &mrl);
-   //First test, no buffer
-   const unsigned iterations = 8;
-   //Test each iteration allocates memory
-   for(unsigned i = 0; i != iterations; ++i)
    {
-      dmbr.do_allocate(dmbr.remaining_storage()+1, 1);
-      BOOST_TEST(mrl.m_info.size() == (i+1));
+      memory_resource_logger mrl;
+      const std::size_t initial_size = 1u;
+      derived_from_monotonic_buffer_resource dmbr(initial_size, &mrl);
+      //First test, no buffer
+      const unsigned iterations = 8;
+      //Test each iteration allocates memory
+      for(unsigned i = 0; i != iterations; ++i)
+      {
+         dmbr.do_allocate(dmbr.remaining_storage()+1, 1);
+         BOOST_TEST(mrl.m_info.size() == (i+1));
+      }
+      //Release and check memory was released
+      dmbr.release();
+      BOOST_TEST(mrl.m_mismatches == 0u);
+      BOOST_TEST(mrl.m_info.size() == 0u);
+   }
+   //Now use a local buffer
+   {
+      boost::move_detail::aligned_storage
+         <monotonic_buffer_resource::initial_next_buffer_size>::type buf;
+      //Supply an external buffer
+      monotonic_buffer_resource monr(&buf, sizeof(buf));
+      memory_resource &mr = monr;
+      BOOST_TEST(monr.remaining_storage(1u) == sizeof(buf));
+      //Allocate all remaining storage
+      mr.allocate(monr.remaining_storage(1u), 1u);
+      BOOST_TEST(monr.current_buffer() == ((char*)&buf + sizeof(buf)));
+      //No new allocation should have ocurred
+      BOOST_TEST(monr.remaining_storage(1u) == 0u);
+      //Release and check memory was released and the original buffer is back
+      monr.release();
+      BOOST_TEST(monr.remaining_storage(1u) == sizeof(buf));
+      BOOST_TEST(monr.current_buffer() == &buf);
    }
-   //Release and check memory was released
-   dmbr.release();
-   BOOST_TEST(mrl.m_mismatches == 0u);
-   BOOST_TEST(mrl.m_info.size() == 0u);
 }
 
 void test_destructor()